The northern city of Hai Phong has attracted 755.75 million USD in foreign direct investment (FDI) to local industrial parks (IPs) and economic zones (EZs) in the first half of 2022, raising total FDI there to 22.07 billion USD.
Vietnam's industrial parks and economic and export processing zones need to overcome weaknesses to attract further high-quality foreign direct investment, experts have said.
As of May 20, 2022, total newly registered and adjusted capital together with capital contributions and share purchases by foreign investors surpassed 11.71 billion USD in the first five months of this year, equivalent to 83.7 percent of the same period last year.
The southern province of Binh Duong lured 2.5 billion USD worth of foreign direct investment (FDI) in the first five months of 2022, rising to the top of localities nationwide.
The northern province of Hai Duong is striving to create optimal conditions for Japanese investors, Secretary of the provincial Party Committee Pham Xuan Thang affirmed on May 30.
With its advantages and thorough preparation in terms of infrastructure, transport and human resources, after the COVID-19 pandemic is put under control, the key southern economic region remains the leading destination for foreign direct investment (FDI) flows.
Supportive solutions for businesses need to be implemented faster and stronger to improve the capacity of businesses and increase linkage among them, according to experts.
The targets set for 2022, including the growth target of 6-6.5 percent, remain a huge challenge given the domestic and international situation, Deputy Prime Minister Le Van Thanh said at the third session of the 15th National Assembly in Hanoi on May 23.
Currently, the number of high-tech foreign direct investment (FDI) projects from developed economies into Vietnam has seen a modest increase while the number of enterprises establishing Research and Developing centers remains insignificant.
Vietnam attracted over 10.8 billion USD of foreign direct investment (FDI) in the first four months of this year, equivalent to 88.3 percent of the amount recorded in the same period last year, according to the Ministry of Planning and Investment (MPI).
Vice Chairman of the People’s Committee of Binh Duong southern province Nguyen Van Danh on April 26 presided over a virtual webinar which aims to promote investment from France.
The Asia Plus Securities (ASPS) of Thailand has recommended increasing investment in Vietnam, citing the country’s high growth prospects based on its ample local workforce, low minimum wage and steadily rising per capita income, according to the Bangkok Post.
Disbursement of foreign direct investment in Vietnam rose by 7.8 percent compared to 2021 to 4.42 billion USD in the first quarter of this year, a five-year record.
The southern province of Binh Duong attracted about 1.6 billion USD worth of foreign direct investment (FDI) in the first quarter of 2022, 3.6 times higher than that in the same period last year, informed Chairman of the provincial People’s Committee Vo Van Minh on March 21.
The reopening of international flights to Vietnam after more than one year of closure, coupled with the country’s bright prospect for economic recovery, will help accelerate the inflow of foreign direct investment (FDI).
Secretary of the Binh Duong Party Committee Nguyen Van Loi met with Japanese Ambassador to Vietnam Yamada Takio on March 17, pledging continued support for Japanese investors to reap more successes in the southern province.
Indonesia’s Investment Coordinating Board (BKPM) and the Swiss-Indonesian Chamber of Commerce (SwissCham Indonesia) have signed a memorandum of understanding (MoU) to boost trade and investment between the two countries.
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