Foreign-invested projects that are valued at less than $1 million continue to make up the majority of ventures as a whole, with enterprises often hedging their bets in terms of diversification and the upcoming global tax overhaul.

Hanoi Department of Planning and Investment has issued a decision to establish an inspection team for foreign-invested projects and economic organisations.

Quang Binh People’s Committee will organise an investment promotion conference in Ho Chi Minh City on March 25 with the theme of adaptation and development.

Authorities of the southern province of Tay Ninh granted investment certificates and gave in-principle approval to 12 foreign-invested projects with a total registered capital of 91 million USD in the first ten months of 2021.

Total registered capital of new foreign-invested projects and additional capital in existing ones in Hanoi amounted to 519.2 million USD in the first five months of this year, according to the Statistics Department of Hanoi.

The central city of Da Nang on February 23 granted investment licences to six investment projects in local Hi-Tech Park and industrial parks, including three foreign-invested projects.

Ho Chi Minh City People’s Committee is actively pushing for progress in long-delayed foreign-invested real estate projects in the city.

The northern province of Bac Ninh licensed 119 new foreign-invested projects worth US$334.8 million in the first eight months of 2020, according to the provincial Statistics Office.

The central province of Thua Thien Hue has set a target of luring 20 domestic and foreign-invested projects with a total investment capital of about 10 trillion VND (429.2 million USD) by the end of this year.

Foreign-invested projects in agriculture, forestry, and fisheries, and in rural development have been fairly diversified, focusing on fields such as planting, animal husbandry, seafood, forestry processing items, forestation and paper production, and sugar production, among others. However, achievements in attracting foreign investment into the agricultural sector are still limited, failing to fully bring into play the sector’s enormous potential.