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Update news foreign direct investment
Hanoi continued to top the list of foreign direct investment destinations in Vietnam in the first 10 months of this year, raking in about 6.85 billion USD, most of which came in form of capital contributions and share purchase.
The VND was expected to remain broadly stable against the USD over the remainder of 2019 and to be slightly weaker on average over 2020, buoyed by robust FDI inflows, dollar purchases by businesses, and a healthy foreign reserve position.
Vietnam attracted US$29.11 billion in foreign direct investment (FDI) in the first ten months of 2019, up 4.3 per cent over the same period last year, the Ministry of Planning and Investment’s Foreign Investment Agency said on Monday.
The medium-term outlook for the Vietnamese economy is broadly positive despite persistent downside risks, the World Bank (WB) said in its East Asia and Pacific Economic Update released on October 10.
Vietnam recorded $22.63 billion of foreign direct investment (FDI) registered in the first eight months of 2019, equivalent to 92.9 percent of the figure in the same period last year, according to the Foreign Investment Agency.
The flow of foreign direct investment (FDI) is seeking a safe haven as the Sino-American trade war has yet to show a sign of ending.
As many as 1,609 foreign direct investment (FDI) projects, worth 22.3 billion USD, landed the Mekong Delta in the first half of 2019, reported the Vietnam Government Portal (VGP).
The Indian government on Monday said it was discussing Apple Inc's foreign direct investment application that seeks a waiver from a local sourcing rule.
VietNamNet Bridge – EU Trade Commissioner Karel de Gucht is scheduled to arrive in Vietnam on March 17 as part of his Southeast Asian tour to strengthen trade cooperation with these countries.