foreign direct investment (FDI) projects

The attraction of FDI in the fields of high technology and technology transfer in Vietnam has reaped several rewards lately.

The Department of Foreign Affairs of Quang Ngai Province this morning held an online conference to exchange cooperation opportunities between Quang Ngai Province, Vietnam and Hebei Province, China.

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. 

For the last many years, Vietnam has been in a quandary as to how to approach all Foreign Direct Investment (FDI) projects, and how best to take advantage of the opportunities they offer. 

Ho Chi Minh City leads the whole country in terms of new projects (39.5 percent), number of adjusted projects (21.8 percent), and capital contribution and share purchases (69.3 percent).

The People’s Committee of Quang Nam Province this morning held a press conference to announce the socio-economy of the province in September, the third quarter and the key task for the fourth quarter of 2022.

A delegation of high-ranking officials of HCMC People's Council led by Chairwoman of the municipal People’s Council Nguyen Thi Le has arrived in Busan, beginning a seven-day official visit to the Republic of Korea (RoK) from September 18-24.

The industrial real estate sector will likely continue to pick up in the remaining months of the year thanks to the ongoing global supply chain disruption and diversification, and the trade deals that Vietnam has signed, experts said.

Although capital from Foreign Direct Investment projects is essential for the growth of the economy, there are many who believe that Foreign Direct Investment (FDI) projects are being favored much more than domestic enterprise projects.

The US Federal Reserve (FED) is continuously raising interest rates this year, in an effort to control rising inflation. 

Investment and trade cooperation between Vietnam and Middle Eastern countries have achieved many encouraging achievements. However, there is still a lot of work for Vietnamese enterprises to do to conquer this potential market besides capacity, prestige and understanding habits of consumers.

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.

Bac Giang Provincial People's Committee, on January 18, granted the investment certificate to Foxconn Singapore Pte Ltd to build Fukang Technology Factory in Quang Chau Industrial Park.

Thu Duc City has a great advantage of owning several developing startup ecosystems and value added chains related to advanced technologies, which promises its prosperous future. Therefore, it is enthusiastically promoting innovative activities in the community, hoping to contribute more to the general socio-economic growth of its mother city – Ho Chi Minh City (HCMC).

The Statistics Office of Ho Chi Minh City held a press conference to announce the socio-economic statistics of the city in 2020 on December 29 with the attendance of Ms. Phan Thi Thang, Vice Chairwoman of the municipal People's Committee.

According to a market research on wood processing market of Vietnam by Forest Trend, in the first five months of this year, the number of new foreign direct investment (FDI) projects in wood industry totaled 49 projects, of which there were 32 projects belonging to wood processing field.