Relations with overseas Vietnamese people are an important part of Vietnam’s foreign policy, Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh said.
Support industries for machinery manufacturing, electronics, and deep processing are forecast to attract greater foreign investment in the years to come, according to insiders.
The Ministry of Planning and Investment has instructed localities to review and report on the development of industrial zones with investment projects in the electronics industry with a scale starting from 20 million USD.
A workshop on promoting investment from the Republic of Korea (RoK) in the southern province of Binh Duong was held in the form of an online conference on November 20.
All fields of the partnership between Vietnam and the Hong Kong Special Administrative Region of China, especially economy, trade and investment, have been given due attention by leaders on both sides, Tran Thanh Huan, the outgoing Vietnamese Consul General in Hong Kong, said in an interview with the Vietnam News Agency.
Vietnam and the Republic of Korea (RoK) sought measures to strengthen bilateral ties in a wide range of fields during the 18th Vietnam-Korea Economic Committee Meeting held online on November 17.
Industrial parks (IPs) in the northern province of Vinh Phuc attracted nearly 300 million USD in FDI in the first ten months of this year, equal to 80 percent of the year’s target.
Noticeable increases in the number of enterprises that were newly established or restarted operation were recorded in October in comparison to September, signaling a recovering post-pandemic market, an office has said.
The southern province of Dong Nai expects to secure 1.18 billion USD in foreign direct investment (FDI) during the January-November period, which is already higher than the target of 1.1 billion USD set for 2020 as a whole.
Chairman of the HCM City People’s Committee has called for continued efforts in supporting individuals and enterprises affected by the COVID-19 pandemic and achieving the year’s socio-economic targets.
The disbursement of public investment sourced from the State budget reached 354.6 trillion VND (nearly 15.3 billion USD) in the first ten months of this year, an increase of 34.4 percent compared to the same period last year, according to the General Statistics Office (GSO).
Vietnam recorded nearly 111,200 new enterprises from January-October, a year-on-year decline of 2.9 percent, according to the General Statistics Office (GSO). The new entrants, however, have combined registered investment of more than 1,594 trillion VND (68.3 billion USD), up 11.1 percent against the same period last year.
The Republic of Korea (RoK)’s LG Electronics and Trung Nam Land JSC inked an agreement on October 30 with a vision to transform Da Nang into the centre of technology and R&D in Vietnam, creating a mini 'Silicon Valley'.
High-quality human resources will play a decisive factor in the success of the country’s digital transformation process, Deputy Prime Minister Pham Binh Minh said at a conference held in Ho Chi Minh City on October 30.
Vinh Phuc has reaped success in attracting foreign direct investment (FDI) for many years, and the source of FDI capital has become a driver of economic growth in the province.
Remittances flows into Ho Chi Minh City reached 4 billion USD in the first nine months of 2020 despite impacts of COVID-19 pandemic, representing a rise of 2 percent over the same period last year, according to a municipal official.
As of the beginning of October, Ho Chi Minh City has licenced nearly 30,000 new businesses with combined registered capital totaling 667 trillion VND (28.64 billion USD), according to the municipal Department of Planning and Investment.
Politics
XIII National Congress of Communist Party of Vietnam
