Vietnam is known as a production hub of the world; therefore, the Southeast Asian country needs to lure more foreign investments but it is important to filtrate appropriate collaborations instead of completely depending on them.
Among 54 provinces and cities nationwide that foreign investors have invested in 2022, Ho Chi Minh City leads with a total registered investment capital of more than US$3.94 billion.
Italian news website La Città Futura has run a story highlighting the important role of Vietnam as a bridge for the strategic partnership between the European Union (EU) and the Association of Southeast Asian Nations (ASEAN,) on the occasion of Prime Minister Pham Minh Chinh’s participation in the ASEAN-EU Summit commemorating the 45th anniversary of their relations.
The Ministry of Industry and Trade in coordination with AmCham in Vietnam, and the US-ASEAN Business Council organized the Vietnam-US Trade Forum 2022 under the theme “Changes – Challenges – Adaptation” on November 17 in HCMC.
Singapore’s President Halimah Yacob said that many Singaporean businesses now want to invest in Ho Chi Minh City which has young human resources and good living conditions. She affirmed that Singapore will always partner with Vietnam in general and Ho Chi Minh City in particular in the process of promoting development together.
The Embassy of Denmark in collaboration with the People's Committee of An Giang Province this morning held a ceremony at Binh Hoa Industrial Park, Binh Hoa Commune, Chau Thanh District to inaugurate a garment factory with a total area of more than 38,000 square meters, a total investment of nearly US$11 million.
Many localities in the Mekong Delta have been discussing ways to strengthen regional linkages, among which the field that needs to be connected first is traffic.
The Investment and Trade Promotion Center Ho Chi Minh City (ITPC) and Vietnam International Arbitration Center (VIAC) coordinated to organize the Investment Support Forum and summarize the series of investment promotion events in 2022 on September 15.
Many provinces and cities across Vietnam have announced quite optimistic results in attracting Foreign Direct Investment (FDI) projects in the last months of the year.
The People’s Committee of Da Nang City in collaboration with Consulate General of the Republic of Korea (RoK) in Da Nang last night hosted a ceremony to open Vietnam-Korea Festival 2022.
The Ministry of Planning and Investment yesterday announced that FDI enterprises have invested in 53 provinces and cities across the country in the first eight months of 2022 and Ho Chi Minh City leads with a total registered investment capital of over US$2.7 billion, accounting for 16.1 percent of total capital registered investment. The city has seen an increase of 24.4 percent over the same period in 2021.
The People's Committee of Ho Chi Minh City held a seminar to collect opinions on the Project on Orientation for the Development of Export Processing Zones and Industrial Parks (EPZs-IPs) in HCMC in the 2025-2030 period and a vision to 2040 on August 11.
Marking the 30th anniversary of the establishment of diplomatic relations between Vietnam and the Republic of Korea (RoK) (December 22, 1992-2022), the Provincial People’s Committee of Thanh Hoa collaborated with the Ministry of Foreign Affairs and the RoK Embassy in Vietnam to organize the program “Meeting between Thanh Hoa and RoK: Convergence of resources - Accelerating recovery and sustainable development” on Thursday afternoon.
Politburo member, Secretary of the Ho Chi Minh City Party Committee Nguyen Van Nen yesterday received Ambassador of Thailand to Vietnam Nikorndej Balankura on the occasion of his assignment in Vietnam.
According to a report by the Foreign Investment Agency under the Ministry of Planning and Investment, as of July 20, the real estate market fell into a recession and foreign direct investment (FDI) capital (FDI) inflows to real estate sector dramatically decreased.
Located in the Southern key economic region, Binh Phuoc Province has many advantages to develop a modern industry attached with environmental protection. To heading for that goal, Binh Phuoc has been striving to improve its infrastructure and welcome the wave of investment in industrial parks, creating a new driving force for the province's socio-economic development.
According to the Ministry of Planning and Investment, from the beginning of this year to May 20, the total newly registered and adjusted capital, capital contribution, share purchases, and purchases of contributed capital by foreign investors reached US$14 billion, up 0.8 percent over the same period last year. Realized capital of foreign direct investment (FDI) projects was estimated at $7.15 billion, up 6.7 percent year-on-year.
According to the Foreign Investment Agency under the Ministry of Planning and Investment, the total newly-registered and adjusted capital, capital contribution, and share purchases of foreign direct investment enterprises from the beginning of this year to March 20 hit US$10.13 billion, up 18.5 percent over the same period last year.
The Southeast is the key economic region in the South, attracting the most foreign investment (FDI) in the country. Along with efforts to improve the investment environment, Southeastern provinces have been expanding and adding more industrial zones to the planning to attract huge FDI projects and wait for the new investment wave shifting from other Asian countries to Vietnam.
