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Update news FDI
Administrative procedures such as a prolonged timeline for obtaining business licences, as well as overlaps in the legal framework, are continuing to affect the expansion plans of many foreign-invested enterprises in Vietnam.
Many businesspeople are pouring money into industrial real estate projects amid Vietnam’s macroeconomic stability and its position as a favorite destination for foreign investors.
Prime Minister Pham Minh Chinh on September 28 suggested the US-based global growth investor Warburg Pincus to further its effective coordination with Vietnamese agencies to increase long-term and sustainable investment in the Southeast Asian nation.
JPMorgan analyst expects 20 percent of iPad, 5 percent of MacBook, 20 percent of Apple Watch and 65 percent of AirPods production to be located in Vietnam in 2025.
Disbursement of foreign direct investment (FDI) in the first nine months of this year reached 15.4 billion USD, up 16.2 % year-on-year and marking a record high, a report from the Foreign Investment Department (FIA) has shown.
The wholesale and retail industries took the lead in new foreign-invested projects in the January-September period, according to the Ministry of Planning and Investment.
The sharp decline of newly-registered foreign direct investment pulled down the total in the first nine months of the year despite the high disbursement rate.
The visa process does not always go smoothly. Sometimes, it moves so slowly that some specialists cannot enter Vietnam on schedule, leading to production disruptions.
Vietnam’s economic growth has been accelerating in 2022, with experts considering high-tech foreign investments as a driver.
Vietnam wants to upgrade foreign direct investment (FDI) quality by manufacturing products with higher hi-tech and added value, and multinationals are also striving to do this after many years in Vietnam.
A recent strong influx of FDI to Vietnam has prompted the government to design long-term policies and create a favourable and transparent environment for foreign investors to operate in a long term in the country, according to experts.
High-tech foreign investments will continue to propel Vietnam’s economic growth for years to come, Michael Kokalari, chief economist at investment fund VinaCapital, has said.
PM Pham Minh Chinh chaired a hybrid meeting with foreign-invested enterprises and business associations on September 17, during which he pledged to create favourable conditions for FDI enterprises to invest successfully and sustainably in Vietnam.
The UK – Vietnam Free Trade Agreement (UKVFTA) was promoting the influx of quality foreign direct investment (FDI) into Vietnam.
The country’s tech-savvy population and burgeoning middle class are making it an attractive market for Singaporean companies.
According to a survey by Cushman & Wakefield, Vietnam is the first and second more preferred destination for investors among emerging markets.
Vietnam is now a destination for many foreign investors, including those from the world's five largest economies.
Since June, more than 1,000 foreign investors have taken the opportunity to expand market share and invest in manufacturing plants in Viet Nam after the COVID-19 pandemic.
More and more foreign-owned companies have been listed on stock exchanges over the past five years, but that's not the case for foreign-founded ones.
Thai Oil Plc (TOP), Thailand’s the largest oil refining company by capacity, is looking forward to pouring its investment in Vietnam, Indonesia and India, in the fields of oil refinery, lube oil and high-value petrochemical products.