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Update news FDI
The Republic of Korea (RoK) poured about 8.2 million USD into Vietnam’s education sector during the first 11 months of this year, accounting for 57 percent of the country’s total FDI in the field.
Electronics manufacturer Foxconn of Taiwan (China) has initiated plans to move part of their assembly line for iPad and MacBook products from China to Vietnam following a request made by tech giant Apple.
Vietnam needs support from international partners to cope with losses due to climate change and the COVID-19 pandemic, according to an official from the Ministry of Agriculture and Rural Development (MARD).
The Vietnamese government holds high hope for a green and safe agricultural sector that could be a driving force for growth just like the manufacturing and processing sector.
With a new loan proposal rising to $2 billion, Swedish technology giants are betting on the opportunities in Vietnam’s burgeoning aviation sector to tap into growing demands for equipment, products, and services at local airports.
The countries in the Regional Comprehensive Economic Partnership are set to benefit from a wide-ranging deal that will entice investors towards the region.
The advantages brought by free trade agreements, reasonable labor costs and tariff mechanisms have helped Vietnam become a favored destination during the current foreign investment relocation wave.
The first major signs of a resumption of investment activity have emerged in the real estate market with new brand names entering and others expanding their portfolios in Vietnam.
Prime Minister Nguyen Xuan Phuc on December 13 attended a groundbreaking ceremony for an infrastructure building and trade project at Lien Ha Thai industrial park (Green iP-1) in Thai Thuy district, the northern province of Thai Binh.
Vietnam's membership in FTAs (free trade agreements) has helped expand export markets. However, the advantages brought by FTAs have been mainly exploited by foreign invested enterprises (FIEs), not Vietnamese enterprises.
Vocational education needs to be organized well to produce enough workers who meet requirements set by investors in the ongoing FDI wave, experts have said.
Vietnam had attracted a total of 26.43 billion USD in FDI this year as of November 20, equal to 83.1 percent of the figure in the same period last year, according to a recent report from the Ministry of Planning and Investment.
Foreign direct investment in supporting industries is expected to spike in the coming months as more and more foreign companies establish production facilities in Vietnam and seek to develop supply chains here, experts said.
Vietnam had attracted a total of $26.43 billion in FDI this year as of November 20, equal to 83.1 percent of the figure in the same period last year, according to a recent report from the Ministry of Planning and Investment.
Foreign direct investment (FDI) inflows in Vietnam are set to record strong growth as the world moves past the novel coronavirus (COVID-19) epidemic, with plenty of investment coming from overseas Vietnamese, according to insiders.
As the United States and Vietnam celebrate 25 years of diplomatic relations, the partnership between the two is arguably at its strongest level, with growing trade and investment ties.
Vietnam has set to be a bright alternative in Asia for US businesses amid the unprecedented challenges.
Thirty-three investment funds that has pledged to pour US$ 815 million in Vietnamese innovation start-up businesses in the next five years.
ASEAN countries need to choose between recovery based on wasteful competition for investment or coordination, cooperation, and joint hands to generate sustainable tax revenue to spend on health, education,
With regional nations racing to lower their taxes in order to woo more investment, which may dent their coffers, creating feasible policies for collecting taxes is expected to help reach their goals of attracting more high-quality funding.