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Update news FDI
As Việt Nam has made a strong commitment to carbon emission neutrality by mid-century, foreign direct investments in the country have begun to go...
Regional and global foreign investors and multinationals operating in Vietnam are contributing to more than 80 percent of export turnover and 25 percent of domestic investment value.
As Vietnam moves toward upper-middle-income status, experts urge the country to focus not only on attracting traditional FDI in industrial production but also on knowledge-based investment and innovation.
Foreign investors are being urged to explore funding railway lines linking seaports as part of the country’s railway development plan – despite high costs, few successful projects, and a lengthy period to see returns.
Suppliers to Dutch chip-making machines giant ASML Holding NV are considering building plants in Southeast Asia as opposed to China amid ongoing political tensions between Beijing and the West, according to details provided by Reuters.
While foreign investment inflow into Vietnam is continuing at a leisurely pace this year, some commitments on large investments ahead could be a glimmer of hope to restrain the decline.
The 2022 annual report of foreign investment in Vietnam was announced at a ceremony in Hanoi on March 10.
A conference linking hundreds of Hanoi and Singaporean enterprises was held in the capital city of Hanoi on March 7.
The Vietnamese real estate market has remained attractive to foreign investors and investment funds despite difficulties countering domestic firms, according to insiders.
The introduction of the global minimum tax will reduce competition in attracting investment in developing countries, which mainly rely on tax incentives to attract foreign direct investment (FDI).
AirPods maker GoerTek Inc. is investing an initial US$280 million in a new Viet Nam plant, Deputy Chairman Kazuyoshi Yoshinaga said in an interview with Bloomberg.
Approximately $1.2 billion could be invested in Vietnam by the Dutch business community in the coming year, according to the Dutch Business Association Vietnam.
Singapore remained the biggest foreign investor in Vietnam among the 51 countries and territories investing in Vietnam in the first two months of 2023, with 978.4 million USD.
Vietnam attracted nearly US$535.4 million in foreign direct investment (FDI) in the first two months of the year, a decline of 85.1% against the same period from last year, according to the Ministry of Planning and Investment (MPI).
The northern mountainous province of Hoa Binh on February 26 granted 15 investment licenses worth nearly VND48 trillion, equivalent to more than US$2 billion, to businesses.
HCM City has pledged to remove hurdles faced by foreign firms in terms of administrative procedures, transport infrastructure, and tourism development, said Pham Van Mai, chairman of the Ho Chi Minh City People's Committee.
Central Retail Corporation (CRC), the largest retailer of Thailand, has announced its biggest investment in Vietnam at 50 billion THB (US$1.45 billion) in the 2023-27 period to accelerate its market presence in the country.
Many enterprises from countries such as the UK, the Republic of Korea and Japan said Vietnam is an attractive investment destination, given the country’s stable macroeconomy, rapid growth and large market with a rising middle class.
Central Retail Corporation (CRC), the largest retailer of Thailand, has announced its biggest investment in Vietnam at 50 billion baht (1.45 billion USD) in the 2023-2027 period to accelerate its market presence in the country.
Taipei-listed Foxconn said that it secured a new site in Viet Nam as Apple’s biggest contractor continued to shift production away from China,...