The northern province of Vinh Phuc raked in close to 1.15 billion USD in investment during the first three quarters of 2021, a slight increase from the same period last year, despite economic uncertainties caused by the COVID-19 pandemic.
The fourth outbreak of the COVID-19 pandemic starting from late April has had more negative impacts on daily life as well as socio-economic development than the previous waves in the country.
The People’s Committee of the northern province of Thai Binh recently handed over investment registration certificates to investors of projects worth nearly 600 million USD, which are hoped to create a driving force for the local socio-economic development.
The northern province of Phu Tho has set a target of luring 2-2.5 billion USD in foreign direct investment (FDI) and disburse up to 70 percent of the sum by 2025.
Hanoi lured more than 18.7 million USD of foreign direct investment (FDI) in August, raising the total FDI poured into the city in the first eight months of 2021 to 841.8 million USD, according to the city's Statistics Office.
Disbursement of foreign direct investment (FDI) capital in Vietnam hit 11.58 billion USD this year to August 20, an increase of 2 percent compared to the same period last year, according to the Ministry of Planning and Investment.
The northern province of Vinh Phuc is working is carrying out activities to give support in finance and equipment to industrial production facilities across the province with an aim to promoting its industrial production amid COVID-19 pandemic, according to the provincial Department of Industry and Trade.
Vietnam's garment export turnover is expected to increase to 16.04 billion USD in the second half of this year from 14.96 billion USD in the first half, the US website Fiber2Fashion reported on August 11.
Vietnam attracted 16.7 billion USD in foreign direct investment (FDI) in the first seven months of this year, down 11.1 percent from the same period last year, data from the Ministry of Planning and Investment shows.
The Hong Kong Shanghai Banking Corporation (HSBC) has revised upward its forecast for Vietnam’s economic growth next year to 6.8 percent from the previous 6.5 percent.
The northern province of Vinh Phuc recorded a decade-high economic growth rate in the first six months of this year, despite difficulties caused by the impacts of the COVID-19 pandemic, according to the provincial Statistics Office.
An employment promotion centre has been launched in Ho Chi Minh City offering job opportunities at foreign direct investment (FDI) businesses for students in central Vietnam after they graduate.
Without a more effective business support package, the country’s goal of 6.5 percent in gross domestic product (GDP) growth for this year will be hard to be achieved as the GDP growth in the first six months of 2021 is forecast to reach only 5.8 percent, according to experts.
The manufacturing and processing sector has taken the lead in attracting foreign direct investment (FDI) since the beginning of this year, pulling in 6.1 billion USD, or over 43 percent of the total.
The Malaysian government will decide whether to revise its growth target of between 6 percent and 7.5 percent this year based on the gross domestic product (GDP) performance for the second quarter, as the economy is seeing signs of recovery, said an official.
The inflow of foreign direct investment (FDI) into Ho Chi Minh City surpassed 1.34 billion USD in the first five months of this year, down 16.52 percent year-on-year, according to the municipal Statistics Office.
Disbursed foreign direct investment (FDI) in Vietnam this year hit 7.15 billion USD as of May 20, an increase of 6.7 percent compared to the same period last year, according to the Ministry of Planning and Investment.
The People's Committee of the southern province of Binh Duong presented investment certificates to five foreign direct investment (FDI) projects worth nearly 1 billion USD in total during a recent ceremony.
Investment in Ho Chi Minh City’s industrial parks and processing zones have risen by nearly 23 percent year-on-year so far this year to 236.1 million USD.
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