Several countries are raising interest rates in an effort to curb inflation, even though higher interest rates can push economies into even deeper recession.
Many large firms have shown their interest in Vietnam, and the country is looking at its chances to welcome large-scale foreign direct investment (FDI) inflows.
Statements in a recently published socio-economic report for the first six months of 2021 pointed to many optimistic macro-economic indexes. The GDP was said to recover positively, import and exports showed growth, the budget revenue exceeded estimates, Foreign Direct Investment (FDI) began pouring in again, and the number of new businesses saw a positive increase.
HCM City reported a foreign direct investment (FDI) influx of US$1.14 billion in the first four months of 2021, posting a year-on-year decline of 12.92 percent.
As much as US$5.46 billion worth of foreign direct investment (FDI) was injected into Vietnam as of February 20, equivalent to 84.4 percent of the figure recorded in the same time last year, according to the Ministry of Planning and Investment.
Foreign direct investment pledges for Ho Chi Minh City fell 30.5 percent year-on-year to US$3.8 billion during January-November, according to the municipal statistics bureau.
A conference to review 30 years of foreign direct investment (FDI) in Vietnam will be held in the first week of October 2018, according to Prime Minister Nguyen Xuan Phuc.
Vietnam’s Ministry of Planning and Investment (MPI) is drawing up a report summing up 30 years of foreign direct investment (FDI) since approval of the national Law on Foreign Investment, looking back at the impact of opening the country’s doors to multinational companies.