Investment

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 ...

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 ...

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, ...

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 ...

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 ...

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 ...

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 ...

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, ...

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 ...

Global minimum corporate tax expected to take effect from next January.The global minimum tax rate is a key element of a program to combat tax base erosion and profit shifting, initiated by the Organization for Economic Cooperation and Development (OECD) and now embraced by more ...