Vietnamplus

The northern province of Vinh Phuc has become popular among both domestic and foreign investors as a friendly and promising destination for successful projects.

The occupancy rate at operational industrial parks (IPs) nationwide hits nearly 75 percent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.

The southern province of Binh Phuoc has so far this year attracted 224 foreign-invested projects,with over 2.2 billion USD of FDI disbursed.

The northern province of Hai Duong has made drastic efforts to accelerate international integration in recent years.

With remarkable socio-economic achievements, Hai Duong province has become an economic spotlight in the Red River Delta and northern key economic region.

Party General Secretary Nguyen Phu Trong has signed for issuing Resolution 50-NQ/TW on directions for improving institutions and policies to enhance the quality and effectiveness of foreign investment cooperation to 2030.

Vietnam has climbed in the ranking of best countries in which to invest this year, surpassing other Southeast Asian nations, such as Malaysia, Singapore and Indonesia.

Disbursement of foreign direct investment saw a positive yearly increase of 7 percent to nearly 12 billion USD in the first eight months of this year, despite a fall in new FDI registered in Vietnam.

The Red River Delta province of Hai Duong has emerged as a new destination for real estate businesses, with numerous projects to be put up for sale in the time ahead.

Disbursement of foreign direct investment (FDI) saw a positive yearly increase of 7 percent to nearly 12 billion USD in the first eight months of this year, despite a fall in new FDI registered in Vietnam.

The southern province of Binh Phuoc is attracting attention from many Japanese businesses who want to make investment in Vietnam, according to the Japan External Trade Organisation (JETRO) Office in Ho Chi Minh City.

Ho Chi Minh City has attracted 4.19 billion USD in foreign direct investment (FDI) so far this year, up 21.7 percent year-on-year.

The southern province of Dong Nai is completing its transport infrastructure and boosting administrative reform to improve local business climate as a measure to luring more foreign investors.

Earlier this month, the Hai Duong People’s Committee granted in-principle approval for seven new projects valued at more than 267 billion VND (11.6 million USD) in total.

Foreign direct investment (FDI) in the southern province of Dong Nai topped 1.14 billion USD in seven months of this year, or 114 percent of the 2019 target.

The Government has asked for drastic measures to review and choose suitable foreign-invested projects, while applying solutions to attract investment and technology transfer from world leading firms with environmentally friendly high technologies.

A conference on foreign investment attraction to the southern province of Binh Duong was organised in Sydney on July 10, attracting crowds of representatives from the two countries’ business communities.

Authorities in the Mekong Delta province of Long An have so far this year revoked licences of 9 domestic and 9 foreign-funded projects due to their sluggish progress.

Industrial parks in the country have reported an average occupancy rate of nearly 74 percent, according to the Ministry of Planning and Investment’s Economic Zone Management Department.

Vietnam’s industrial and economic zones attracted 340 foreign-invested projects with a total newly-registered capital of 8.7 billion USD in the first six months of 2019, according to the Ministry of Planning and Investment’s Economic Zone Management Department.