It becomes vital for Vietnam to reform investment incentives in the context of rapidly changing and complicated world, the ministry said. The international business environment and cross-border investment face challenges.

Despite failing to achieve the growth target, Vietnam is still considered a country with high growth in the region and remains to be regarded as a destination for 2024 by international investors.

VN Institute for Economic and Policy Research’s Vice President Nguyen Quoc Viet spoke on new competitive advantages for VN to remain an attractive destination for the quality and high technology capital inflow.

Vietnam attracted nearly US$36.61 billion in foreign direct investment (FDI) from January to December 20, representing an increase of 32.1% against the same period from last year, according to statistics compiled by the Foreign Investment Agency.

Of nearly 900 Japanese businesses in Vietnam, 54.3 percent of them are profitable businesses.

Deputy Prime Minister Tran Luu Quang has asked ministries, sectors and localities to promptly implement solutions to strengthen foreign investment attraction, according to a document released by the Government Office.

Localities in the southeastern region remain a magnet to foreign investors thanks to their huge potential and incentives.

Vietnam will set up a support fund to encourage and lure strategic investors and multi-national groups.

Vietnam, which has been integrating deeply into the world economy, has no other choice than to apply the global minimum tax.

Some 2.87 billion USD in foreign direct investment (FDI) was registered in the Vietnamese property market during January-November, a year-on-year fall of 31.4%.

Ho Chi Minh City attracted more than 3 billion USD in foreign direct investment (FDI) in the first 11 months of 2023, down 12.9% year-on-year, the city’s Statistics Office has announced.

Nearly 28.85 billion USD in foreign direct investment (FDI) was registered as of November 20, rising 14.8% year on year, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

According to details given, the project is estimated to have a total investment capital of about US$300 million and will be deployed in the Phu My 3 Industrial Park in the southern province of Ba Ria - Vung Tau.

The German Chamber of Commerce Abroad (AHK) in Vietnam on November 21 released its AHK World Business Outlook – Fall 2023, which highlights Vietnam as a promising investment destination for German businesses.

More than 100 countries and jurisdictions joined the framework, including VN, many of which start to adopt the global minimum tax from the...

One of two resolutions added to the National Assembly's 2023 law-building program aims to give a push in attracting new foreign investment and retaining existing investors.

Out of nearly US$12 billion pledged by U.S. companies in Vietnam, only US$149 million has been committed to agricultural projects, representing a mere 1.35% of the total.

The Vietnamese real estate market has attracted millions of dollars for large projects recently.

Many enterprises from the US are planning to make or expand investments in Vietnam, showing their intention to turn the Southeast Asian country into one of their important bases.

The US FED has decided to stop interest rate increases, following a temperate monetary policy which aims at preparing a soft landing for the economy.