Nearly 40 years since opening the doors to the wider world, Vietnam’s development has witnessed great strides with major contributions from foreign investment, which is now leaning into new priorities such as semiconductor manufacturing and AI.

Vietnam’s industrial real estate industry is expected to continue its strong growth trajectory due to foreign direct investment (FDI) inflows benefiting from tax incentives.

Under the plan, the focus will also be on developing the petrol stations along new roads and in new urban areas with an appropriate roadmap to reduce the number of small-scale and inefficient stations.

Alibaba has initiated plans to build a data hub in Vietnam in order to store data locally in compliance with legal requirements, according to details given by Nikkei Asia.

The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.

As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.

According to the General Statistics Office, the total FDI in the first quarter of 2024 neared 6.17 billion USD, up 13.4% year-on-year.

Vietnam’s rosy economic prospects have helped consolidate the confidence of foreign firms in the country, as reflected through their investment of 6.17 billion USD in the first quarter of this year, up 13.4% year-on-year.

Billionaires from Asia recently attended the 2024 Investment Promotion Conference in Binh Dinh province to seek investment opportunities. Four projects, capitalized at VND1.059 trillion in total, were licensed at the event.

Vietnam's property market is attractive for foreign investors, according to experts.

Vietnam needs to take drastic actions to get ready for the fourth wave of foreign direct investment (FDI) which is in the making and is expected to leverage the country on the global high-tech map.

Vietnam has attracted a total of US$6.17 billion in foreign investment in the first quarter of this year with Singapore being the largest investor accounting for 41.3 per cent of the investment influx.

The Vietnam Chamber of Commerce and Industry has proposed increasing the support for research and development costs to over 50% for foreign direct investment businesses, it said in policy feedback requested by the Ministry of Planning and Investment.

Vietnam's economic strength is reflected in controlled macroeconomic indicators and the country has increasingly affirmed and strengthened its important role in the supply chain diversification strategy of multinational corporations.

Vietnam will experience a breakthrough in foreign direct investment (FDI) attraction to the fields of technology, renewable energy, health, banking and real estate, according to workd media.

FDI sector is considered to be a key driving force to develop the economy, accelerate international ties, and support local firms to get further involved in global value chains, said the Minister of Planning and Investment at the VN Business Forum.

HCM City is now leading the country in terms of a valid number of foreign investments with 12,520 projects worth US$57.64 billion.

Vietnam is attracting more and more foreign investment, thanks to its strong economic growth and stable political environment.

With a series of cooperation document signing and investment licencing for foreign investors right from the beginning of the year, Vietnam expects impressive results in attracting foreign direct investment (FDI) this year.

Deputy Minister of Planning and Investment Tran Quoc Phuong has outlined three groundbreaking solutions to attract foreign direct investment (FDI), especially for the semiconductor and new industries.