Economy and commerce
Investment
High FDI disbursement and prospects for attracting high-tech giants
With foreign direct investment (FDI) disbursement reaching a record high of approximately US$25.35 billion last year, strong FDI inflows are expected into Vietnam this year, particularly in the manufacturing and high-tech sectors, according to insiders.Nguyen Thi Huong, general director of the General Statistics Office (GSO), ...
Decline in ODA poses challenge for Vietnam’s agricultural sector: Minister
The diminishing availability of ODA funding presents a significant challenge to the continued development of the Vietnamese agricultural sector, said Minister of Agriculture and Rural Development Le Minh Hoan.According to Minister Le Minh Hoan, no new ODA projects have been signed in the agricultural sector ...
Translated by Anh Quan
Draft amendments to solve paradoxes in public investment activities
According to the SGGP Newspaper, in the first nine months of the year, the public disbursement rate reached 47.29 percent of the plan, lower than the same period in 2023 which achieved 51.38 percent. Currently, 31 ministries, central agencies, and 23 localities have failed to ...
Translated by Kim Khanh
Vietnam drafting law to revitalize build-transfer investment projects
The Vietnamese government is considering reviving Build-Transfer (BT) projects as a means to attract investment and stimulate economic development.A draft law to amend and supplement four key pieces of legislation – the Planning Law, Investment Law, Law on Investment under the Public-Private Partnership (PPP) model, ...
Translated by Thanh Tam
Legal framework critical to boosting green credit
Green growth and sustainable development is now an inevitable trend and a goal that all countries are striving for, including Vietnam, as it faces environmental problems heavily impacted by climate change.There remain many barriers to green credit supply. Among them, there is still a lack ...
Vietnam still a darling for FDI
Favourable fundamentals have positioned Vietnam as a prime FDI destination, outperforming ASEAN peers.Competitive costs and a favourable investment climate play a key role in drawing foreign firms, especially manufacturers, to set up factories in, and export goods from, Vietnam, according to HSBC’s report “Vietnam at ...
Ngoc Lan
Collaboration and energy transition remain as the focus of climate transition journey
Vietnam has had milestones in climate transition journey in the past two years, from the country’s Net Zero commitment made at COP26 to its National Climate Change Strategy, of which collaboration and energy transition remain as the focus of this journey, Mr. Tim Evans, CEO of ...
Ngoc Lan
Vietnam gears up for fourth wave of FDI inflows
As Vietnam enters its 37th year of attracting foreign direct investment (FDI), the country is on the cusp of a significant new phase.From a regulatory agency’s perspective, Director of the MPI’s Foreign Investment Agency Do Nhat Hoang noted a burgeoning new wave of investment into ...
How to develop new energy sources?
From the Green and Clean Energy towards Net Zero forum, Vietnam Economic Times / VnEconomy sought insights and solutions from various stakeholders on developing new energy sources for the country’s green future.Dr. Ta Dinh Thi, Deputy Chairman of the National Assembly Committee on Science, Technology, ...
EUVFTA shows European investors' confidence in Vietnam
A survey by EuroCham highlighted Vietnam’s attractiveness for European investors. The BCI survey said that the EUVFTA has undoubtedly opened doors for European businesses, but challenges remain. However, it also pointed out a number of obstacles that European businesses face in fully leveraging the EUVFTA, including ...
Vân Nguyễn