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Update news FDI
Despite impacts of the COVID-19 pandemic, the inflow of foreign direct investment (FDI) into Vietnam still rose 4.4 percent year on year in the first nine months of 2021 to 22.15 billion USD.
While a number of foreign companies have moved part of their production or orders to other countries, many said they still see Viet Nam as a good...
"Nike is leaving Vietnam" has been confirmed as misinformation. Nike does not own any factories in Vietnam, but only hires partners in Vietnam to process its products.
In 1995, Nestlé Group officially returned to Vietnam when Nestlé Vietnam Co., Ltd was established. Nestlé's total investment in the country has reached 730 million USD.
Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc has updated about FDI situation in the first nine months and shared first details on a draft post-pandemic recovery plan in an interview with the Vietnam Government Portal.
The amount of newly registered foreign investment capital in Vietnam in January – September 2021 decreased year on year because many provinces had implemented social distancing, according to the Ministry of Planning and Investment.
Foreign investment inflows into Viet Nam during the first nine months of this year rose 4.4 per cent year-on-ear to US$22.15 billion despite the...
Despite the impact of the pandemic in recent months, business results of FDI enterprises in Vietnam in the past eight months show a promising picture.
Vietnam may attract about 30 billion USD in FDI in 2021, posting a year-on-year rise of 2 percent, economists forecast, pointing to positive signs in FDI attraction in the first eight months of 2021 despite the complexities of COVID-19.
Foreign invested enterprises (FIEs) have suggested a strategy on controlling the pandemic in every area so as to safely restore production and business activities.
Many foreign-invested enterprises tend to bring their own workers to Vietnam for work, particularly for management positions, due to the high requirements for qualifications, expertise and skills, especially differences in language and culture.
Foreign investment into Vietnamese startups is predicted to increase although the COVID-19 pandemic has left negative impacts on the economy, according to experts.
Vietnam’s commitment for success of FDI companies and foreign investors can be seen through the Government’s efforts to improve the investment climate over the last few years.
The pandemic is forcing a number of factories to either stop operations or pare down capacity, which has increased pessimism about the short-term outlook of Vietnam’s business environment.
Overseas funds continue to cash in on Vietnam’s education sector with a view to diversify investment portfolios.
The Boeing Company has opened its new office in Vietnam’s capital of Hanoi, the first office of the U.S. plane manufacturer in Vietnam, reflecting the continued importance of the region to the company.
HCM City in the upcoming time is going to adopt a series of credit support measures such as restructuring debt repayment terms with reduction or exemption in interest and fees,
Apple has put on hold its plans to relocate part of its production including iPad and MacBooks from China to Vietnam due to the COVID-19 pandemic.
The local logistics sector has emerged as the most attractive segment of foreign direct investment (FDI) during the seven months of the year, according to industry insiders.
Despite complicated developments of the COVID-19 pandemic, Vietnam is still chosen by many foreign investors as a destination to build production bases, especially in the electronics industry, according to Fitch Solutions.