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Update news FDI
The Mekong Delta region, located on the maritime route in the centre of the ASEAN region, has great potential to draw strong investment waves from other countries, especially neighbouring nations.
As the tax and land fee incentives that have made Vietnam appealing to foreign investors are about to end, the Government needs to devise a different strategy to attract new foreign investors and retain existing ones.
The aviation giant Boeing inaugurated its new permanent office in Hanoi on May 12.
Foreign investors still put their trust in the Vietnamese economy, but it is important to take measures for sustaining the upward trend in foreign direct investment (FDI), an expert has said.
The collapse of Parkson Vietnam is most likely attributable to its inappropriate business strategy.
Nearly 85 per cent of FDI enterprises are still using outdated technology, which is a challenge for the Vietnamese economy in its efforts to realise the goal of net zero emissions by 2050, according to a report on vov.vn.
Vietnam is expected to remain a magnet for foreign direct investment (FDI) from sources seeking to diversify their production.
Improving the business environment and planning land use for industrial production are needed to attract foreign capital.
Many foreign funds are evaluating Vietnam as an attractive investment destination in the Asia-Pacific region thanks to its improved investment climate, accelerated digital transformation, and a young, skilled workforce.
The Global Minimum Corporate Tax was mentioned and started affecting the investment environment worldwide ten years ago, but it has been brought up a lot in Vietnam recently.
Parkson Vietnam has filed for voluntary bankruptcy proceedings to the HCMC People’s Court on April 28 after years of losses in the Vietnamese market.
Ho Chi Minh City has attracted 979.65 million USD of foreign direct investment (FDI) so far this year, down 23.45% year on year, according to the municipal People’s Committee.
Foreign investors are continuing their grumbles over a raft of issues that need solving in Vietnam.
So far this year, foreign direct investment (FDI) channeled into Vietnam neared 8.9 billion USD, with new capital surging after a slight decrease in the first three months.
While the real estate market remains quiet, the industrial real estate market segment has seen large-scale transactions (10 hectares or more), especially in northern provinces.
Three firms from the Republic of Korea (RoK), Germany, and Japan are planning to inject US$3.7 billion into investment projects in Vietnam, revealed Investment Minister Nguyen Chi Dung.
All problems can be solved with trust, sharing, listening, understanding and companionship, stated PM Pham Minh Chinh on April 22 while a meeting with foreign investors to listen to their opinions and seek measures to remove difficulties facing them.
Local authorities at all levels are eager to implement construction of transport infrastructure up and down the country.
Foreign direct investment (FDI) businesses have shown interest in hi-tech agriculture, tourism, renewable energy, and smart city projects, heard a recent talk show on investor networking.
No longer hot on the stock market, yet banking sector remains one of the priorities of foreign investors, with foreign ownership rate in many banks reaching the cap of 30% as regulated.