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Update news FDI
Deputy Prime Minister Tran Luu Quang has freshly signed a decision to approve an action plan for implementing the 2021-2030 national foreign investment cooperation strategy.
Although the number of new FDI projects approved in the first quarter this year grew over the same period in 2022, their capital pledges edged down.
Large foreign financial groups have actively penetrated the Vietnamese consumer finance market, which has significantly helped accelerate the digitalisation of the country’s financial services.
Vietnam’s foreign capital perspective is being pressured by incentives from other nations to encourage their own investors to return home.
Major U.S. companies will come to Vietnam to sound out investment and trade opportunities in the Southeast Asian nation beginning today, March 21 to March 23, the local media reported.
Vietnam is striving to lure more Japanese investments to digital transformation and green growth, as recommended in the Vietnam-Japan Joint Initiative (VJI).
The UK site internationalbanker.com released an article about Viet Nam’s efforts to attract foreign trade and investment to build a sustainable future.
The import-export turnover of foreign-invested enterprises (FIEs) dropped by $9 billion in the first two months.
As Việt Nam has made a strong commitment to carbon emission neutrality by mid-century, foreign direct investments in the country have begun to go...
Regional and global foreign investors and multinationals operating in Vietnam are contributing to more than 80 percent of export turnover and 25 percent of domestic investment value.
As Vietnam moves toward upper-middle-income status, experts urge the country to focus not only on attracting traditional FDI in industrial production but also on knowledge-based investment and innovation.
Foreign investors are being urged to explore funding railway lines linking seaports as part of the country’s railway development plan – despite high costs, few successful projects, and a lengthy period to see returns.
Suppliers to Dutch chip-making machines giant ASML Holding NV are considering building plants in Southeast Asia as opposed to China amid ongoing political tensions between Beijing and the West, according to details provided by Reuters.
While foreign investment inflow into Vietnam is continuing at a leisurely pace this year, some commitments on large investments ahead could be a glimmer of hope to restrain the decline.
The 2022 annual report of foreign investment in Vietnam was announced at a ceremony in Hanoi on March 10.
A conference linking hundreds of Hanoi and Singaporean enterprises was held in the capital city of Hanoi on March 7.
The Vietnamese real estate market has remained attractive to foreign investors and investment funds despite difficulties countering domestic firms, according to insiders.
The introduction of the global minimum tax will reduce competition in attracting investment in developing countries, which mainly rely on tax incentives to attract foreign direct investment (FDI).
AirPods maker GoerTek Inc. is investing an initial US$280 million in a new Viet Nam plant, Deputy Chairman Kazuyoshi Yoshinaga said in an interview with Bloomberg.
Approximately $1.2 billion could be invested in Vietnam by the Dutch business community in the coming year, according to the Dutch Business Association Vietnam.