Foreign investors maintained their trust in Vietnam despite countless difficulties last year and the country is viewed as a safe destination for development, heard a recent forum in Hanoi.
Vietnam has rolled out the red carpet for foreign investors, including those from ASEAN member states, to land investment in the field of advanced medical equipment, said Counselor Nguyen Manh Hung at the Vietnamese Embassy in Germany.
Several of Vietnam’s key export sectors, such as textile-garment, leather-footwear, and electronics have become magnets for merger and acquisition (M&As) activities, posing a risk of leading enterprises in those sectors being purchased by foreign investors.
Leading experts of Thailand are working on plans to foster investment and revenue from tourism once COVID-19 is brought under control, which will be proposed to the government next month.
The State Treasury raised nearly 39.21 trillion VND (over 1.7 billion USD) worth of Government bonds via 40 auctions on the Hanoi Stock Exchange (HNX) in the first quarter of 2021.
The Mekong Delta province of Long An tops all localities in terms of foreign direct investment (FDI) attraction in the first quarter thanks to a 3.1 billion USD project to build gas-fuelled power plants Long An I and II.
As much as 10.13 billion USD worth of foreign direct investment (FDI) was injected into Vietnam in the first three months of the year to March 20, a year-on-year increase of 18.5 percent, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
As firms are accelerating digital transformation, the need for information technology (IT)-related roles, namely data engineer, infrastructure engineer, or chief technology officer (CTO), is also rising significantly, according to the 2021 Salary Guide of payroll, recruitment and headhunting agency Adecco Vietnam.
Start-ups globally have been in a critical condition recently, as COVID-19 has forced many private equity firms to cut their investment. Many Vietnamese start-ups have, however, shown their resilience by successfully attracting foreign investors.
Ho Chi Minh City recorded 337.8 million USD of foreign investment registered during the first two months of 2021, equivalent to 70.3 percent of the figure in the same period last year.
Boerse-online.de – a German securities news site, on January 30 ran an article highlighting the great potential of the Vietnamese market for foreign investment, saying that it is the time for investors to look to the Southeast Asian market.
Foreign investors had poured 1.51 billion USD into Vietnam as of January 20, a 4.1 percent increase over the same period last year, according to the Ministry of Planning and Investment (MPI).
The increase in Vietnam's stock market has helped foreign shareholders implement their disinvestment plans in Vietnamese enterprises. However, these activities will not have a significant effect on companies' internal systems.
Vietnam’s success in curbing the coronavirus so far, while its Southeast Asia neighbours struggle, is helping the country power ahead in economic growth and attracting major funds, and foreign investors, said foreign experts on the Gulf Today newswire on January 7.
Vietnam’s stock market has posted record highs as the Government’s stimulus measures and good control of the coronavirus outbreak are turbo-charging the country’s economic recovery from the pandemic, according to insiders.
Foreign investors had poured 28.53 billion USD into the Vietnamese market as of December 20, equivalent to 75 percent of the amount in the same period last year, according to the Ministry of Planning and Investment.
Attracting foreign direct investment (FDI) is a key aspect of the southern province of Dong Nai's socio-economic development strategy for 2020-2025, according to the provincial People’s Committee.
Business
