vietnam attracts 2772 billion usd in fdi in 2022

Vietnam attracts 27.72 billion USD in FDI in 2022

Vietnam attracted a total of 27.72 billion USD in foreign direct investment as of December 20, equal to 89 percent of the figure of the same period last year, according to the Ministry of Planning and Investment.
producing policy to protect growth

Producing policy to protect growth

Vietnam continues to weather the storms affecting the global economy. Andrea Coppola, World Bank’s lead economist, spoke with VIR’s Hong Dung to evaluate Vietnam’s ongoing economic performance.
focus on big investors making a difference

Focus on big investors making a difference

With the nation’s great demand for growth, Vietnam is boosting its group-oriented diplomatic activities in order to attract more investment and expand trade.
mpi to attract investment capital in chip production

MPI to attract investment capital in chip production

The government has assigned the Ministry of Planning and Investment (MPI) to study and build a policy for attracting foreign investment capital in the chip manufacturing sector.
foreign investment rapidly rebounds with record breaking disbursement

Foreign investment rapidly rebounds with record-breaking disbursement

According to a recent report from the Foreign Investment Agency (FIA) of the Ministry of Planning and Investment (MPI), foreign investment capital in 2022 is set to reach $22.4 billion, a 13.5 per cent increase over 2021.
pcb producers ramp up investment

PCB producers ramp up investment

Printed circuit board manufacturers are increasingly investing in Vietnam for the expansion of global suppliers such as Foxconn, Qisda, and Luxshare.
ba ria vung taus adjustment towards high tech agriculture

Ba Ria-Vung Tau’s adjustment towards high-tech agriculture

Besides focusing on the core goals of developing industries, seaports, and tourism, Ba Ria-Vung Tau province has also identified high-tech agriculture as one of the key factors for the southern province’s economic development over the next few years.
capital roadblocks hindering nations oil and gas prospects

Capital roadblocks hindering nation’s oil and gas prospects

As the Vietnamese market continues to wait for large oil and gas projects to launch, the focus lies on small-scale ventures and innovative investment attraction schemes to profit from the world’s high oil prices.
ba ria vung tau province hitting targets in style

Ba Ria-Vung Tau province hitting targets in style

Despite various challenges, and with proactiveness and timely implementation of the whole political system – in addition to the confidence and support of the business community and individuals – the southern province of Ba Ria-Vung Tau has achieved encouraging results in 2022, according to the province’s Party Committee Secretary and Chairman of the People’s Council Pham Viet Thanh.
growth ahead for oil and gas businesses

Growth ahead for oil and gas businesses

Oil and gas companies could cash in on the current oil prices that are forecast to remain high in 2023, which is also an important factor promoting increased investment in the sector.
renowned french businesses extend reach across vietnam

Renowned French businesses extend reach across Vietnam

French investment in Vietnam is picking up steam, indicating increasing confidence from investors and optimism for the domestic business climate.
japanese manufacturer kyocera to expand semiconductor investment in vietnam

Japanese manufacturer Kyocera to expand semiconductor investment in Vietnam

Kyocera Corporation, a Japanese multinational ceramics and electronics manufacturer, will double its previous three-year investment in semiconductor-related manufacturing and other industries in a number of countries, including Vietnam.
fdi inflows slightly decrease in 2022

FDI inflows slightly decrease in 2022

This year, the total foreign direct investment (FDI) inflows reported a decrease of 11 per cent, while disbursement saw an increase of 13.5 per cent compared to last year.
thaco industries one stop model

THACO INDUSTRIES one-stop model

Leveraging seamless investment, THACO INDUSTRIES is expected to become a critical factor in promoting the development of the mechanics and supporting industries in the central region and Vietnam. Vietnam currently has over 7,000 mechanical manufacturers and 5,000 manufacturers in supporting industries. However, due to the limitation of capital, technology, and human resources, most manufacturers only produce or process in one or a few stages. Customers have to connect with many partners to obtain a complete product, making the supply chain complicated, inefficient, time-consuming, and costly.
sk group to sell some assets in vietnam and malaysia

SK Group to sell some assets in Vietnam and Malaysia

South Korean conglomerate SK Group is contemplating selling some of its assets in Vietnam and Malaysia, controlled by investment vehicle SK South East Asia Investment, to prepare for deteriorating economic circumstances.