Criteria for assessing FDI announced

Criteria for appraising Foreign Direct Investment (FDI) projects and for assessing their quality and effectiveness at the provincial level were announced at a conference jointly held by the Institute of International Investment Studies Company (ISC) and the Australian Embassy to Việt Nam on Thursday in ...

Provincial Competitiveness Index (PCI) for 2023 announced

The northeastern province of Quang Ninh has topped the 2023 Provincial Competitiveness Index (PCI) drawn up by the Vietnam Chamber of Commerce and Industry (VCCI) for a seventh time in a row, the chamber announced on May 9. The 2023 report on PCI and Provincial ...

VN getting ready for the fourth FDI boom

FDI has been a major growth driver for the Vietnamese economy and is expected to continue the upward trend in the context of rising demand for diversifying the supply chain of multinational manufacturers, in which Việt Nam has increasing appeal with stable macro-economic conditions, and ...

Public-private partnership needed for sustainable rice farming

Attracting investment and public-private partnership (PPP) plays an important role in implementing the project of sustainable development of 1 million ha of low-emission high-quality rice production in the Mekong Delta to 2030, said insiders.The project will promote added value throughout the entire rice production chain, ...

IFC commits investment of nearly $1.9bn for Vietnam

The total commitments of the International Finance Corporation (IFC), a member of the World Bank Group, in Vietnam reached nearly US$1.9 billion for the fiscal year 2023, including $520 million earmarked in long-term finance. IFC’s investment and advisory programs addressed core challenges for Vietnam, including ...

Bright future for Vietnam’s foreign investment attraction: insiders

Vietnam’s foreign direct investment (FDI) attraction has seen signs of recovery after continuous declines over the past six months, becoming a driving force for the country’s economic growth in the medium and long term, said insiders. It is noteworthy that a lot of localities are ...

Global minimum tax: opportunity for expediting policy reform, int’l integration

The application of the global minimum corporate income tax policy in Vietnam is expected to serve as a catalyst to expedite policy reforms and promote international integration efforts of the country, according to insiders.According to the Ministry of Finance, there are 1,015 foreign direct investment ...

Public investment disbursement helps boost growth of economic sectors: GSO leader

Strong disbursement of public investment, especially from the second quarter of this year, has helped increase demands and promote growth of economic sectors, thus contributing to boosting economic growth in the second quarter and the first half of 2023, said General Director of the General ...

FDI flows into Vietnam forecast to increase in H2: Experts

The flows of foreign direct investment (FDI) into Vietnam are forecast to increase in the second half of the year as the downturn has been improved in recent months, experts have said. The reasons behind the decline include a lack of expansion of big projects, ...

Improving FDI quality, quantity crucial for Vietnam: Insiders

Amid the slowing down of the global investment flows, experts held that improving both quality and number of foreign investment projects is a heavy task for Vietnam, requiring great efforts from the Vietnamese Government to fulfil the “dual targets”.According to the Foreign Investment Agency under ...

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