Manufacturing and processing sector playing key role in FDI attraction

Manufacturing and processing sector playing key role in FDI attraction

The manufacturing and processing sector has taken the lead in attracting foreign direct investment (FDI) since the beginning of this year, pulling in 6.1 billion USD, or over 43 percent of the total.
FDI firms enjoy US$5.5 billion in trade surplus in two months

FDI firms enjoy US$5.5 billion in trade surplus in two months

Foreign direct investment (FDI) firms’ import-export value reached US$68.52 billion in the first two months of 2021, a surge of 31.5 per cent from the same period last year, according to the General Department of Vietnam Customs
Foreign direct investment spurs economic growth in Vietnam (Infographics)

Foreign direct investment spurs economic growth in Vietnam (Infographics)

Foreign direct investment plays an important role in Vietnam's economic growth.
Da Nang treasures contributions of foreigners: city leader

Da Nang treasures contributions of foreigners: city leader

Da Nang has appreciated the contributions and accompany of foreigners in the city in a tough year of 2020, and hoped to continue to receive more assistance from foreign individuals, organisations and businesses during the recovery process in the city and the central region as a whole, said Chairman of the municipal People’s Committee Le Trung Chinh.
Foreign expert positive about FDI to Vietnam

Foreign expert positive about FDI to Vietnam

Vietnam has been successful in controlling COVID-19 in 2020 and is likely to keep the situation contained next year, said Joseph Incalcaterra, chief economist for ASEAN at the HSBC Global Research, on an article recently published on www.dailymirror.uk.
Sky is the limit for Vietnam’s growth

Sky is the limit for Vietnam’s growth

The positive outcomes of 2020 can become a strong foundation for development in the new year. Talking with VIR’s Nguyen Huong, Deputy Minister of Planning and Investment Tran Quoc Phuong explains why growth in 2021 could even exceed the current goals set forth.
Faith abounds in growth prospects

Faith abounds in growth prospects

Despite a decline in state budget revenue, remittances, and foreign direct investment, Vietnam is expected to see positive growth with a surplus in current account this year thanks to a rise in export turnover and foreign currency reserves.
Manufacturing helping to weather health crisis

Manufacturing helping to weather health crisis

Despite receiving a heavy toll caused by the health crisis, the Vietnamese economy is expected to keep its highest economic growth in Asia this year thanks in part to its surging manufacturing industry led by foreign direct investment driving exports forwards.
Dong Nai - Destination of many major groups

Dong Nai - Destination of many major groups

The southern province of Dong Nai has remained a magnet for FDI, with major groups from the Republic of Korea, Taiwan (China), Japan, Singapore, and China all pouring capital into the locality.
Alternative promotion channels in productive use

Alternative promotion channels in productive use

Organising webinars and combining with international organisations to promote foreign direct investment attraction is becoming the country’s top new strategy in the midst of the challenging health crisis.
Green shoots for economic performance prospects

Green shoots for economic performance prospects

Amid the current health crisis, Vietnam’s economy has shown its resilience over past months.
Textile FDI down but poised for strong growth: experts

Textile FDI down but poised for strong growth: experts

The first eight months of 2020 have seen few foreign direct investment (FDI) projects in Vietnam's textile industry, a far less lively picture compared to the same period last year, the department of foreign investment under the Ministry of Planning and Investment has reported.
Vietnam bucking the trend in foreign direct investment

Vietnam bucking the trend in foreign direct investment

Foreign direct investment has continued to serve as a key driving force for Vietnam’s socioeconomic development, sailing through difficulties in spite of the ongoing health crisis.
Foreign investors confident in Vietnam’s business environment: official

Foreign investors confident in Vietnam’s business environment: official 1

With the successful control of COVID-19, Vietnam has been widely recognised by the international community as a safe and attractive investment destination.
Vietnam lures US$6 billion FDI into industrial parks

Vietnam lures US$6 billion FDI into industrial parks

Nearly US$6 billion in foreign direct investment was poured into Viet Nam’s industrial parks (IPs), processing zones and economic zones (Ezs) in the first half of the year, according to the Ministry of Planning and Investment (MPI).
|< < 1 2 3 4 > >|