Vietnam lured 1.69 billion USD worth of foreign investment in the first month of 2023, down 19.8% year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
From being net sellers in the first nine months of 2022, foreign investors have become the driving force supporting the Vietnamese stock market in the last few months, and the inflows are expected to continue this year.
A workshop discussing measures to promote business cooperation between Vietnam and the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) of China was held in Hanoi on January 10.
Malaysian Prime Minister Anwar Ibrahim has affirmed that his country will work hard to improve foreign investor's confidence by guaranteeing good governance and a corrupt-free nation.
Ho Chi Minh City absorbed about 3.94 billion USD in foreign direct investment (FDI) in 2022, up 5.4% year-on-year, according to the municipal People’s Committee.
Vietnam has set a target to double the amount of foreign investment in agriculture to 34 billion USD by the end of 2030. However, there were a number of shortcomings and limitations the country must urgently address to realise the goal, according to policymakers and industry experts.
Vietnam advocates switching from attracting FDI to cooperating with foreign investors in the spirit of equality for mutual benefits and development, with priority given to hi-tech and eco-friendly projects, said President Nguyen Xuan Phuc at a high-level seminar with the US-APEC Business Alliance for Competitive SMEs in Bangkok on November 17.
Germany’s die Welt newspaper has run an article hailing policies that Vietnam has applied over the years, describing them as the reason making the Southeast Asian country a dynamic and attractive destination for foreign investors.
The central province of Thanh Hoa is speeding up the improvement of business environment and construction of infrastructure in industrial parks, especially in the Nghi Son Economic Zone, in order to draw more foreign direct investment.
The south-central province of Binh Dinh introduced its promising projects and investment opportunities to investors from Australia at a hybrid conference on October 18.
Vietnam prioritises attracting projects in the fields of high technology, innovation, research and development as well as creates favourable conditions for Vietnamese enterprises to promote the digital economy, green economy and circular economy and actively contribute to sustainable development, said Vietnamese Ambassador to France Dinh Toan Thang at a seminar in Paris on October 7.
The northern port city of Hai Phong has become more attractive in the eyes of both domestic and foreign investors thanks to its concerted and modern development of socio-economic fields, transport and urban infrastructure, fair business and investment environment.
Foreign investors have always been interested in Vietnam’s stock market, Don Lam, general director of the VinaCapital Group, said on October 6 at a press briefing on the 2022 Investors Conference which is being hosted by VinaCapital in Ho Chi Minh City.
Ho Chi Minh City attracted 2.97 billion USD in foreign direct investment this year to September 20, a year-on-year increase of over 26%, according to the municipal Department of Planning and Investment.
Real estate sector attracted 3.5 billion USD in foreign direct investment (FDI) the first nine months of this year, accounting for mearly 19% of total FDI that the country lured in the period, coming second among sectors in terms of FDI attraction.
Processing - manufacturing and real estate are the biggest magnets for foreign direct investment (FDI) in the first nine months of 2022, statistics showed.
Hung Yen is willing to give maximum support to foreign businesses, including those from Taiwan (China), stated Chairman of the provincial People’s Committee Tran Quoc Van while working with a delegation of Taiwanese electronics firms in the locality on September 26.
Various Japanese enterprises are planning to expand their investment in Vietnam, where business insiders of Japan assess as the second most attractive investment destination after the US, according to Chief Representative of the Japan External Trade Organisation (JETRO) Najakima Takeo in Hanoi.
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