News
The disillusionment about FDI and the middle-income trap
In order to avoid the middle-income trap, Vietnam needs to change its strategy on attracting foreign direct investment (FDI). FDI attraction over the last 30 years hasn’t succeeded as expected.As of the end of 2021, Vietnam had attracted $408 billion worth of FDI, ranked 18th ...
Tran Thuy
Annual report on FDI in Vietnam released for the first time
The Vietnam Association of Foreign-Invested Enterprises (VAFIE) has just unveiled its first annual 2021 FDI report to provide a comprehensive assessment of the results of foreign direct investment attraction, the business activities of foreign-invested enterprises, and to analyse the nation’s investment environment.The annual report provides ...
Vietnam attracts over 29 billion USD in FDI in ten months
Vietnam attracted 29.11 billion USD in foreign direct investment (FDI) in the first ten months of 2019, up 4.3 percent over the same period last year, according to the Ministry of Planning and Investment.Processing and manufacturing remained the most attractive sector to foreign investors during the ...
New regulations on foreign exchange management
The State Bank of Viet Nam has issued Circular No. 06/2019/TT-NHNN on foreign exchange management for foreign direct investment activities in Viet Nam.The Circular, scheduled to take effect since September 6, 2019, regulates such activities like capital contribution, opening and use of foreign currency and ...
S&P raises Vietnam’s credit rating with stable outlook
Standard and Poor’s (S&P) Global Ratings’ recent upgrade of its long-term sovereign credit rating for Vietnam, the first time since 2010, was expected to help the country to attract more foreign investments into the economy and expand exports.In August 2018, credit rating agency Moody’s Investors ...
Vietnam attracts US$8.3 billion FDI to industrial, economic zones
The total foreign direct investment (FDI) poured into Vietnam’s industrial parks and economic zones in 2018 reached more than US$8.3 billion, according to the Ministry of Planning and Investment. Of the figure, US$5.3 billion was invested in 560 new projects, while additional capital in nearly ...
Nhan Dan News Reporter
Attracting FDI: New regulations, new face
The strategy to attract FDI from now to 2030 with new points is attracting special attention of investors.Keep reading ...
Vietnam is Asia’s hottest investment destination—Forbes
An article published by US magazine Forbes named Vietnam the hottest investment destination in Asia. According to the article, Vietnam attracted US$17 billion in FDI commitments last year, arguably the largest for an emerging market relative to its $250 billion GDP. In the first quarter of 2018, ...
The dark side of FDI in Vietnam
Cheating and overexploitation of workers are among the myriad of negative impacts FDI has had on Vietnam. Keep reading ...
VnExpress Reporter
Transfer of technology from FDI enterprises remains modest
Despite vast contribution to Vietnam’s economy, the rate of technology transfer from foreign direct investment (FDI) firms remains low.Keep reading ...
Cam Anh