Expanding investments to drive economic growth is a priority in achieving the target of 15% set for this year, said Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.
General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong has contributed to raising the position of the CPV which is recognised by major powers as the political party to lead the nation’s socialist-oriented development, according to a Lao official.
By rapidly building a favourable environment for investors, Binh Dinh province has grown to be an appealing economic hub in central Vietnam, attracting both domestic and foreign investments in all key sectors.
Ho Chi Minh City’s economy has maintained its recovery pace, as seen in the increasing numbers of both new businesses and those that have restored their operations, as well as the rise in foreign investments, the city officials reported at a press conference on August 30.
Vietnam is calling for foreign investments in 157 projects in the 2021-2025 period, according to a decision recently signed by Deputy Prime Minister Pham Binh Minh.
Despite serious impacts of the COVID-19 pandemic, foreign investments in Vietnam in the first nine months of 2021 rose, showing investors' trust and optimism about the country’s socio-economic recovery and development in the coming time, Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc has said.
The vietnam-briefing.com published by Dezan Shira & Associates - a consultancy firm on foreign investment in Asia - on May 6 run an article, emphasising that since the EU-Vietnam Free Trade Agreement (EVFTA) took effect in August 2020, Belgium has played a significant role in promoting trade and foreign investments into Vietnam.
Industrial parks in the southern coastal province of Ba Ria – Vung Tau are making preparations to attract foreign investments that are expected to surge after the COVID-19 pandemic passes.
Vietnamese investors poured a total of 490.4 million USD in projects abroad in the first 11 months of 2020, up 6.9 percent year-on-year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
Thailand stands ready to welcome foreign investments in the Eastern Economic Corridor (EEC), Industry Minister Uttama Savanyana told foreign diplomats.
Ho Chi Minh City will work closely with the International Finance Corporation (IFC) in translating the memorandum of understanding (MoU) signed by the two sides into projects, said a municipal official.
Foreign investments, including those made by Japanese firms, are an important driving force for Vietnam’s socio-economic development and improvement of the national competitive capacity, said President Tran Dai Quang.
Ho Chi Minh City always welcomes foreign investments, including those from Indonesian businesses, in transport infrastructure, environment and tourism, said Chairman of the municipal People’s Committee Nguyen Thanh Phong.
The Government should set out a roadmap in order to ensure economic growth is stable, legislators said on the sidelines of the ongoing fourth sitting of the 14th National Assembly in Hanoi on October 31.
The central province of Ha Tinh approved in principle 76 projects over the past nine months, including three foreign-invested projects, with combined investment capital of over 330 million USD, local authorities said.
The Mekong Delta city of Can Tho has built a project on raising the provincial competitiveness index (PCI) for 2016-2020 and devised new policies to improve its competitiveness.
Vietnamese enterprises are ready to bring into full play the opportunities as well as face the challenges brought by the Trans-Pacific Partnership agreement, which was officially signed on Feb 4.
