News
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), ...
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 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
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 ...
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
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 ...
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 ...
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 ...
Analysts: Vietnam needs to prepare for global minimum corporate tax
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 ...
Anh Tuyet