Committed FDI inflow to Vietnam hits four-year high Business

Committed FDI inflow to Vietnam hits four-year high

The inflow of foreign direct investment (FDI) pledged to Vietnam in the first five months of this year hit a four-year high of 16.74 billion USD, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Vietnam lures 1.9 billion USD in FDI in January Business

Vietnam lures 1.9 billion USD in FDI in January

Foreign direct investment (FDI) in Vietnam witnessed a significant yearly increase of 52 percent to 1.9 billion USD in the first month of this year, according to the Ministry of Planning and Investment.
New regulations on investment abroad Business

New regulations on investment abroad

Investors in overseas projects are allowed to transfer abroad an amount of foreign currencies not more than 5 percent of their total capital contribution to the venture, and not more than 300,000 USD,
Business

Decree to spur Vietnam’s investment across borders

Vietnamese investors can transfer foreign currency abroad as payment for activities relating to their projects before getting investment licences from foreign local authorities under a draft decree of the Ministry of Planning and Investment.
Business

Foreign currency account opening regulated

The State Bank of Vietnam (SBV) has issued a circular, which will be effective on February 14, to regulate the opening and usage of foreign currency accounts to serve direct investment activities in other countries, the Vietnam Government Portal reported on January 8.