Vietnamplus

Vietnam’s southeastern region remains an attractive destination for foreign direct investment (FDI) thanks to quality improvement in 2013.

After seven years of Vietnam's integration into the global economy, there have been prominent developments in foreign direct investment and goods export in the northern province of Hai Duong. Insight by the Hai Duong Newspaper online.

The processing and manufacturing sector attracted the largest amount of foreign direct investment (FDI) in January, absorbing 189 million USD in both newly-registered and additional capital, according to the Ministry of Planning and Investment.

Capital disbursement by foreign-invested projects reached 465 million USD in January, representing a year-on-year increase of 3.3 percent, the Foreign Investment Agency under the Ministry of Planning and Investment announced on Feb. 7.

The Central Highlands province of Dak Nong has invested over one trillion VND (47 million USD) in building infrastructure systems in industrial zones and clusters in the locality.

Processing and manufacturing industries attracted as much as four fifths of foreign-invested capital in the first 11 months of this year, accounting for nearly 16.1 billion USD.

The central city of Da Nang has attracted over 346.04 million USD in foreign direct investment (FDI) in the first nine months of the year.

Vietnam Economic News talked with Chairman of Dong Nai province People's Committee Dinh Quoc Thai about the province’s socio-economic achievements obtained in the first nine months of this year as well as tasks, targets and solutions in the 2013-2015 period, a critical period for Dong Nai to become an industrialised and modernised province by 2015.

With the newly licensed 1.2 billion USD Samsung Electro-Mechanics project in northern Thai Nguyen province, the flow of foreign direct investment (FDI) into Vietnam looks likely to witness a robust growth this year.

The new factory is the sixth billion-dollar project (accounting for both newly licensed and capital- increased projects) in Vietnam so far this year.

While Vietnam's real estate market continues to "plunge” and many local investors are trying to find a way to get out, but by contrast it is drawing great attention from foreign investors. This signals a sharp trend of transaction and mergers and acquisitions (M & A) in the real estate sector in the future. Following is a report by the Vietnam Business Forum.

Foreign direct investment (FDI) registered during the first seven months of this year surged by 19.6 percent over the same period last year to 11.91 billion USD.

The northern province of Ha Nam is optimistic about foreign direct investment (FDI) inflows despite the impact of the global economic downturn.

The southern province of Dong Nai attracted 567 million USD of foreign investment in the first five months of 2013, fulfilling 61 percent of its yearly target, the provincial Planning and Investment Department has reported.

Officials in the Red River Delta provinces gathered at a seminar in Ninh Binh province, discussing measures to call for domestic and foreign investment in the region.

Vietnam has so far attracted 12.181 billion USD in foreign direct investment (FDI), with 7.256 billion USD to 980 newly-licensed projects.

More than 800 million USD in foreign direct investment has been disbursed so far this year in the southern province of Dong Nai, the highest figure since 2008, said provincial Department of Planning and Investment director Bo Ngoc Thu.

Overseas investment has fallen by 30 percent compared to the first ten months of last year, despite new investment licences having been granted for nearly 70 projects by the end of October 2012.

The central city of Da Nang has attracted over 152 million USD in foreign direct investment (FDI) in the first nine months of the year.

Hanoi attracted 919 million USD in 231 foreign direct investment (FDI) projects in the first nine months of this year, the municipal Statistics Department has announced.