Foreign direct investment into Vietnam surges in July Business

Foreign direct investment into Vietnam surges in July

Vietnam attracted 3.15 billion USD in foreign direct investment (FDI) and capital for share purchases in July, representing a rise of 79.8 percent against the same period last year and 76.2 percent against June, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Workshop seeks to promote efficiency in FDI attraction Business

Workshop seeks to promote efficiency in FDI attraction

Measures to improve FDI attraction, bolster the competitiveness of Vietnamese enterprises, and make the local investment environment more transparent were discussed at a workshop held by State Audit of Vietnam (SAV) in Hanoi on June 9.
IZs, EZs attract 4.3 billion USD in January-May Business

IZs, EZs attract 4.3 billion USD in January-May

Industrial zones (IZs) and economic zones (EZs) attracted 390 foreign-invested projects with a total registered capital of 4.3 billion USD in the first five months of this year, according to the latest updates of the Ministry of Planning and Investment.
IZs development needs planning to attract FDI Business

IZs development needs planning to attract FDI

The development of industrial zones (IZs) needs a comprehensive plan to capture the transition of the foreign direct investment (FDI) inflow spurred by trade wars and the COVID-19 pandemic in which Vietnam has significant opportunities to become the next global factory.
New firms up 36 percent in May Business

New firms up 36 percent in May

A total of 10,728 new firms were established in May with total registered capital of 112.7 trillion VND (4.83 billion USD), up 36.1 percent in number and 20.1 percent in capital from the previous month, according to the General Office of Statistics (GSO).
Vietnam attracts 12.33 billion USD in FDI in four months Business

Vietnam attracts 12.33 billion USD in FDI in four months

Vietnam attracted 12.33 billion USD in foreign direct investment (FDI) in the first four months of 2020, a year-on-year decrease of 15.5 percent due to the impact of the COVID-19 pandemic, according the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
Hanoi reports 3.27-percent GRDP growth in Q1 Business

Hanoi reports 3.27-percent GRDP growth in Q1

Hanoi posted an increase of 3.27 percent in Gross Regional Domestic Product (GRDP) in the first quarter of 2020 – the lowest in recent years, according to the municipal Statistics Office.
Newly registered FDI rises by nearly 45 percent in Q1 Business

Newly registered FDI rises by nearly 45 percent in Q1

Vietnam granted investment licenses to 758 new projects worth 5.5 billion USD in the first quarter of 2020, up nearly 45 percent from the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Thua Thien-Hue aims to draw 10 projects in IPs, IZs Business

Thua Thien-Hue aims to draw 10 projects in IPs, IZs

The central province of Thua Thien - Hue aims to attract 8-10 domestic and foreign investment projects with total registered capital of 6-8 trillion VND (257.4 -343 million USD) to its economic zones (EZs) and industrial zones (IZs) in 2020.