Hanoi Attracts US$1.56 Billion in FDI in Five Months

Hanoi attracted US$1.56 billion in FDI in the first five months of this year, it was reported at a video meeting of the municipal People’s Committee on May 29.

Forthcoming Events

The ASEAN Business and Investment Summit

November, 2020

Hanoi, Vietnam

German Adhesive Tape Manufacturer to Build 55 Million Euro Plant in Vietnam

4:30:53 PM | 29/5/2020

Tesa has recently made a public announcement that it will invest 55 million Euro in a tape adhesive plant in Vietnam, making it the 15th production site that Tesa operates worldwide beside large plants in Germany (Hamburg, Offenburg), Italy, the USA, and China.

New Ideas Capture New Opportunities

9:56:52 AM | 25/5/2020

Endowed with great potential and plentiful opportunities, Quang Nam province is attracting more and more investors. Certainly, businesses place high expectations for enabling policies creating the investment environment here.

North Chu Lai IZ: Strong Advancement, Growth Motivation for Eastern Tam Ky City

9:54:15 AM | 25/5/2020

North Chu Lai Industrial Zone (IZ) is the "backbone" and is one of 5 IZs of Chu Lai Open Economic Zone (OEZ). This place is gradually creating an important position in attracting investment.

Tam Thang 2 Industrial Park - Attractive Destination for Investors

9:53:04 AM | 25/5/2020

In August 2017, Capella Land Joint Stock Company officially started construction of 103-ha Tam Thang 2 Industrial Park in in Tam Thang Commune, Tam Ky City, Quang Nam Province. Since its inception, Tam Thang 2 Industrial Park has attracted many big well-branded investors in the world.

Chu Lai OEZ Joining Forces with Businesses for Success

9:50:13 AM | 25/5/2020

Since its inception, Chu Lai Open Economic Zone (OEZ) has attracted a lot of projects, including gigantic projects of national and international stature. With its open investment attraction approach, Chu Lai OEZ is willing to welcome investors with its most practical and effective policies.

Don't Passively Wait for Investors to Come

2:04:56 PM | 13/5/2020

Despite causing negative socio-economic impacts, the Covid-19 pandemic is also considered an opportunity for Vietnam to receive flows of foreign investment, especially those shifted from China. However, whether Vietnam can take advantage of this opportunity or not depends very much on its actions.

Creating New Impetus in Investment Attraction

2:23:11 PM | 7/5/2020

The opening business environment of Quang Tri province has created a new impetus to draw investment flows, as the province has strived to change investment promotion approaches, step up administrative procedure reform, apply many attractive mechanisms, and actively remove bottlenecks in site clearance, Mr. Nguyen Huy, Acting Director of Quang Tri Department of Planning and Investment, said in an interview granted to Vietnam Business Forum. Ngo Khuyen reports.

WB Predicts Sharp Decline in Remittances in 2020

2:22:01 PM | 28/4/2020

Vietnam was the third largest recipient of remittances in East Asia and the Pacific in 2019. Vietnamese workers living abroad sent home US$17 billion in the year, accounting for 6.5% of the country’s GDP, showing that remittances were still important for the country. However, in 2020, remittances are forecast to decline sharply due to the economic crisis caused by Covid-19 pandemic and lockdown.

Vietnam Attracts US$12.33 Billion Worth of FDI in Four Months

2:20:25 PM | 28/4/2020

Foreign direct investment (FDI) flows into Vietnam reached US$12.33 billion in the first four months of 2020, equivalent to 84.5% of the value recorded in the same period last year, according to the Ministry of Planning and Investment.

Public Investment - Catalyst for Economic Recovery

10:52:27 AM | 21/4/2020

While the epidemic fallout is downsizing other investment channels, public investment is considered one of powerful boosts to economic recovery. Disbursing VND700 trillion (over US$30 billion) or possibly more will create more jobs and offset the growth gap to accelerate economic growth in the context of the Covid-19 epidemic outbreak.