Nikkei: Vietnam could welcome the fourth FDI boom
After President Joe Biden's visit last month, Vietnam may be about to welcome a new wave of investment.
Long An attracts US$470 million in FDI
HCMC – The Mekong Delta province of Long An has attracted foreign direct investment (FDI) worth US$470 million in the year to date. This includes the issuance of investment certificates to 39 FDI projects valued at over US$408 million, an increase of 15 projects and a capital increase of US$162
Green economy attracts huge investments
HCMC – Domestic and foreign-invested companies have poured US$9 billion into Vietnam’s green economy, making up almost 2% of the country’s gross domestic product, according to the Ministry of Planning and Investment. Green economy investments have expanded by 10-13% year-on-year since 2021, said
FDI attraction amidst global minimum tax policy
Foreign direct investment (FDI) has been rising strongly even though global economic uncertainties have negatively affected this capital flow. Many factors are taking a toll on FDI activity and Vietnam can hardly stay unscathed. The global FDI flow amounted to US$1,580 billion in 2021, up a
EU-invested expansion projects suspended over green energy standards
HCMC – Several EU investment projects in Vietnam have put their expansion plans on hold as the country does not meet green energy standards, heard at a conference between Prime Minister Pham Minh Chinh and foreign investors. The conference was chaired by PM Chinh at the Government Office this
FDI businesses keen on hi-tech agriculture, renewable energy
HCMC – 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. At the talk show held by the Investment Promotion Center – South Vietnam (IPCS), a unit of the Ministry
Concern over global minimum tax
The global minimum corporate tax policy is poised to take effect early next year, which may adversely affect Vietnam’s attraction of foreign direct investment (FDI) as the country has over the years offered tax incentives to lure investors Binh Duong Province, a major venue for FDI in recent
Quang Ninh targets US$1 billion of FDI in 2023
HCMC – The northern province of Quang Ninh looks to attract at least US$1 billion in foreign direct investment (FDI) into industrial parks and economic zones this year. To realize the FDI attraction target, the province will focus on measures to woo investors from particular regions and markets;
HCMC takes lead in FDI attraction in 2022
HCMC – Fresh foreign direct investment (FDI) approvals in HCMC last year amounted to US$3.94 billion, up 5.4% year-on-year, said HCMC Chairman Phan Van Mai. Therefore, the city emerged as the largest recipient of FDI among 63 cities and provinces nationwide. Mai told Phap Luat Online newspaper
Binh Duong puts new FDI approvals at US$2.7 billion in Jan-Oct
HCMC – The southern province of Binh Duong has emerged as the second most preferred destination for foreign direct investment (FDI) in Vietnam, attracting US$2.7 billion in new FDI pledges in January-October, the provincial government reported. The figure shot up 57% over the same period last