The Ministry of Planning and Investment (MPI) is working on the design of incentives and measures to support new investment activities amid the upcoming application of the global minimum tax.
Prime Minister Pham Minh Chinh has signed a directive clarifying tasks and solutions to enhance the efficiency of foreign investment attraction in the new period.
The northern province of Bac Ninh attracted more than 565 million in foreign investment in the first quarter of 2023, ranking third among localities nationwide, according to the provincial People's Committee.
Deputy Foreign Minister Le Thi Thu Hang met and had working sessions with leaders of some ministries of Qatar on the occasion of her attendance at the 5th United Nations Conference on the Least Developed Countries (LDC5) in Doha from March 5-8.
Thailand’s Ministry of Commerce is positive about the country’s foreign investment attraction this year, with at least 100 billion baht (over 2.8 billion USD) expected.
Ho Chi Minh City, Hanoi, Binh Duong, Dong Nai, Hai Phong, Quang Ninh and Ba Ria-Vung Tau are localities that frequently top the national rankings of foreign investment attraction, budget collection, per capita income and competitiveness index, among others.
With the Government of Vietnam committed to achieving net zero emissions by 2050, there is a shift in the country’s priority in foreign investment attraction, said Deputy Minister of Industry and Trade Do Thang Hai on July 26.
Over the past 30 years, foreign investors have injected 45 billion USD to oil and gas Vietnam, greatly contributing to the growth of the sector, according to the Vietnam Oil and Gas Group (PetroVietnam).
The Ministry of Planning and Investment has asked People’s Committees of cities and provinces to instruct relevant agencies to review foreign-invested projects in the localities.
A virtual seminar was held on April 22 to highlight the southern province of Binh Duong as a gateway to Southeast Asia, with the participation of Belgian delegates and firms.
Vietnam is assessed to have plenty of room to compete for foreign direct investment (FDI) against major competitors in the current global production shift, said Nguyen Bich Lam, former Director General of the General Statistics Office.
Despite the fact that the COVID-19 pandemic has seriously affected the production and trade of businesses, the Mekong Delta province of Kien Giang remains an attractive investment hub for domestic and foreign investors.
VietnamBriefing, a business news website on doing business in Vietnam, recently published an article highlighting the country’s special factors in attracting foreign investors compared to other regional production sites.
Indonesian President Joko Widodo plans to boost foreign investment to support the virus-battered economy as the government’s stimulus spending remains slow and household spending weak.
David Jarkulisch, an economic diplomat from the Czech Republic, has spoke highly of positive changes in Vietnam’s revised Law on Investment which aims to attract and bolster efficiency of foreign investment.
Vietnam and Bangladesh are considered the most potential competitors of Indonesia in attracting foreign investment after COVID-19, according to Indonesian Minister of Public Works and Public Housing (PUPR) Basuki Hadimuljono.
Authorities of the central city of Da Nang held a gathering on January 17 with overseas Vietnamese (OVs) who returned to the homeland to welcome the Lunar New Year (Tet) festival.
Industrial production value of the northern province of Hai Duong hit 174.6 trillion VND (over 7.5 billion USD) in the first nine months of 2019, equivalent to 84.1 percent of the plan set for the year, and up 12.3 percent against that of the same period last year.
Some members of the national financial and monetary policy advisory council have pointed out certain problems in the economy, warning that failure to address them would not only make faster growth unachievable but also decelerate economic expansion.
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