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Update news FDI
VietNamNet Bridge - The high ‘fear-of-failure’ is a challenge that affects entrepreneurs in Vietnam, despite the efforts by the government to improve the business environment.
According to a General Confederation of Labor survey, there are about 300 industrial zones (IZs) and export processing zones (EPZs) throughout the country, attracting 2.8 million workers.
VietNamNet Bridge - FED has decided to raise the prime interest rate by another 0.25-1.25 percent per annum, raising the concern that the foreign direct investment (FDI) flow to Vietnam will slow down.
With $4.432 billion of export turnover to South Korea and $9.942 billion of import turnover from Korea in the first four months of the year, the country has become the biggest partner with which Vietnam has a trade deficit.
VietNamNet Bridge - The total spending on medicine in 2017-2021 will grow by 15-17 percent thanks to the population increase and improved income per capita.
A report of the General Statistics Office (GSO) shows a significant increase in Vietnam’s exports to South Korea in the first four months of the year, reaching $4.4 billion, an increase of 32 percent compared with the same period last year.
VietNamNet Bridge - Japanese investors are now eyeing non-production sectors, such as the retail industry.
VietNamNet Bridge - The Ministry of Planning and Investment (MPI), which is now drafting the Law on Planning, is attempting to reduce overlapping development plans.
There were 22 listed companies, or 3 percent of total listed businesses, which reported profits of VND1 trillion ($45 million) or higher in 2016. Some new names are expected to join the list.
VietNamNet Bridge - Thai businesses' entry into the Vietnamese market is not associated with noisy advertisement campaigns, but with quiet and effective activities.
VietNamNet Bridge - China's 10-year development strategy could be a good policy for its industry, but it has raised concerns in other countries, including Vietnam.
VietNamNet Bridge - The wave of foreign investors making capital contributions and buying a stake in Vietnamese businesses began in 2015 and increased significantly last year.
The government’s announcement about the huge credit package of VND100 trillion to support hi-tech agriculture has caused concern among farmers, who are concerned that they will not be able to satisfy requirements to access the preferential loans.
Fifty-five real estate firms have listed their shares on the bourse so far with the total capitalization value of VND215 trillion. However, a lot of big players still want to seclude themselves from the public.
VietNamNet Bridge - Vietnam is determined not to sacrifice the environment in exchange for foreign direct investment (FDI).
VietNamNet Bridge - Russia's invitation to Vietnam to make investments in its far eastern area has been welcomed by local economists.
VietNamNet Bridge - The growth rate of convenience store chains is now much higher than that of supermarkets and other retail channels.
Tax incentives are a perfectly acceptable way of attracting both local and foreign investment and have a host of positive knock-on effects.
Economists have warned that if Vietnam tries to attract as much foreign direct investment (FDI) as possible and is not selective in receiving capital flow, this will have negative consequences to Vietnam’s private enterprises.
In the last 30 years, since the Foreign Investment Law took effect in 1987, foreign direct investment (FDI) capital to Vietnam increased from $0.324 in the first year to $24.373 billion in 2016.