Vietnamplus

A new circular issued by the Ministry of Planning and Investment takes effect on April 1 guiding the supervision and assessment of foreign investment in Vietnam.

Industrial parks (IPs) in the northern province of Hung Yen are now home to 209 foreign-invested enterprises with 271 valid projects worth over 5 billion USD, according to the management board of provincial IPs.

The People’s Committee of the southern Binh Duong province on December 9 held a conference to promote investment from Europe in the context of the "new normal" situation.

The northern province of Vinh Phuc attracted 32 domestic investment projects with 16.4 trillion VND (723.3 million USD) in total capital and 54 foreign-invested ones worth totaling 994 million USD as of October 2021, up 110.2 percent and 122.7 percent year-on-year, respectively.

Despite COVID-19 impacts, industrial parks (IP) in the southern province of Ba Ria-Vung Tau have seen good signs in investment attraction, according to the provincial IP Management Board.

Industrial parks (IPs) and economic zones in the northern province of Quang Ninh have so far attracted over 22.4 trillion VND (Over 970 million USD) in the first six months of 2021.

Local industrial parks (IPs) and economic zones (EZs) attracted about 6.02 billion USD in both registered capital of 291 new foreign-invested projects and additional capital into existing ones in the first five months of 2021, an increase of about 10.3 percent year-on-year, the Ministry of Planning and Investment (MPI) has reported.

Total registered capital of new foreign-invested projects and additional capital in existing ones in Hanoi amounted to 519.2 million USD in the first five months of this year, according to the Statistics Department of Hanoi.

The northern province of Hai Duong attracted over 3.4 trillion VND (148.24 million USD) in domestic investment in the first quarter of this year, 1.9 times higher than that in the same period last year, according to the provincial Department of Planning and Investment.

The Mekong Delta province of An Giang has set a goal of attracting at least five foreign-invested projects and over 60 domestic projects this year with total investment of over 15 trillion VND (650 million USD).

Authorities in central Da Nang city have adopted a host of key measures to speed up economic restructuring in 2020-2025, focusing on strengthening hi-tech and supporting industries and IT development in connection with building startups and innovative urban areas and smart cities.

The Ho Chi Minh City Committee for Overseas Vietnamese (OV) Affairs must continue to perform well in implementing State management over OVs in the city, giving advice on caring for poor Vietnamese abroad and connecting city leaders and OVs, and strengthening communications on Party and State policies and laws among the community, a city leader has said.

The northern province of Bac Giang is working hard to complete the target of attracting about 1.3 billion USD worth of investment in 2021, said Chairman of the provincial People’s Committee Le Anh Duong.

The Happytex Joint Stock Company began construction on March 4 of a 15-million-USD textile factory at the Trang Bang Industrial Park in the southern province of Tay Ninh.

The central city of Da Nang on February 23 granted investment licences to six investment projects in local Hi-Tech Park and industrial parks, including three foreign-invested projects.

Authorities in the southernmost province of Ca Mau have exerted every effort to promote direct connections with trade and investment associations and organisations of countries investing strongly in Vietnam and the Mekong Delta region, according to Director of the Ca Mau Investment Promotion and Enterprise Support Centre (iPEC) Quach Van An.

The northern province of Vinh Phuc attracted nine new foreign direct investment (FDI) projects and permitted 17 existing ones to increase capital with a combined sum of over 88 million USD in the first five months of 2020.

Foreigners’ acquisition of land use rights in the names of Vietnamese nationals is a legal violation and is not protected by law, according to the Ministry of Natural Resources and Environment’s (MoNRE) General Department of Land Administration.

The central province of Thua Thien Hue has set a target of luring 20 domestic and foreign-invested projects with a total investment capital of about 10 trillion VND (429.2 million USD) by the end of this year.

The central coastal city of Da Nang granted licences to 14 foreign-invested projects with total registered capital of nearly 1.69 billion USD in January, the municipal Department of Planning and Investment announced on February 4.