Vietnam’s FDI policy needs revision to maximise benefits

Vietnam’s FDI policy needs revision to maximise benefits

NDO - Vietnam's foreign direct investment (FDI) pledges and disbursement hit a 10-year record high in 2017, which has gradually created a pervasive influence on the domestic sector. However, it is time to adopt a completely new FDI attraction strategy in accordance with the new situation in order to boost the effectiveness and spillover effect of FDI in the future. (Jan 09, 2018)

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Binh Duong grants investment certificates for first phase of 2018

  Mar 13, 2018
NDO - The People’s Committee of the southern province of Binh Duong hosted a ceremony on March 12 for the granting of investment certificates to 19 projects with a total registered capital of nearly US$200 million. 

Vietnam revokes license for Vung Ro oil refinery project

  Mar 09, 2018
NDO - The south central coastal province of Phu Yen has revoked the investment license for the US$3.2 billion Vung Ro oil refinery project planned by a consortium of the UK’s Technostar Management and Russia’s Telloil. 

FDI pledges to Vietnam down 1.8% but disbursement up 9.7% in Jan-Feb

  Feb 28, 2018
NDO - Foreign direct investment (FDI) pledges to Vietnam over the first two months of 2018 dropped by 1.8% year on year to US$3.34 billion but disbursements rose by 9.7% to US$1.7 billion, as per official data as of February 20. 

Foreign investors pledge US$1.25 billion in January

  Feb 23, 2018
NDO/VNA - Foreign companies pledged to invest nearly US$1.25 billion in Vietnam in January, according to Foreign Investment Agency under the Ministry of Planning and Investment.  

Dong Nai draws over US$147 million in FDI in first two months

  Feb 23, 2018
NDO/VNA - The southern province of Dong Nai has licensed eight new foreign direct investment (FDI) projects worth US$31.7 million and approved increases in capital in nine existing projects of US$115.4 million.  

Bac Ninh ranks second in FDI attraction in 2017

  Feb 21, 2018
NDO/VNA – The northern province of Bac Ninh attracted US$3.5 billion in foreign direct investment (FDI) in 2017, ranking second among all provinces and cities across the country.  

FDI attraction, highlights and inadequacies

  Feb 14, 2018
NDO - Foreign Direct Investment (FDI) inflows to Vietnam advanced spectacularly in the last two quarters of 2017, bringing the total amount of FDI pledges for 2017 to a 10-year record high. However, experts recommended a comprehensive review of the quality of FDI capital after the 'Formosa incident' in 2016.  

Nearly 660 foreign investors receive trading codes in January

  Feb 09, 2018
NDO/VNA – The Vietnam Securities Depository (VSD) granted some 659 trading codes to foreign investors, including 58 institutions and 601 individuals, in January. 

Ministry urged to finalise specific mechanisms for trans-national expressway

  Jan 18, 2018
NDO – The Ministry of Transport (MOT) should accelerate the construction of specific mechanisms for the North-South Expressway projects and submit them to the Government for consideration, Deputy Prime Minister Trinh Dinh Dung has urged.  

Lam Dong gives priority for hi-tech agricultural projects

  Dec 27, 2017
NDO – The Central Highlands province of Lam Dong has called for the investment in 53 different projects covering the agricultural sector, tourism, trade and services, industry and science and technology. 

Czech regards Vietnam as an important economic partner: Czech official

  Dec 16, 2017
NDO – Vietnam is an important economic partner of the Czech Republic and the country’s Ministry of Industry and Trade has selected the Southeast Asian nation as one of its 12 top priorities markets in Asia by 2020.  

FDI disbursement hits US$16 billion in eleven months

  Nov 28, 2017
NDO - Disbursement of foreign direct investment (FDI) in Vietnam reached US$16 billion in 2017 as of November 20, up 11.9% compared with the same period last year, according to the Foreign Investment Agency (FIA).  

Vietnam - Cambodia trade and investment forum opens

  Nov 20, 2017
NDO - A forum to bolster Vietnam - Cambodia trade and investment ties opened in Phnom Penh, the capital city of Cambodia, on November 20. 

Deputy PM Hue meets with Samsung Vietnam leader

  Nov 16, 2017
NDO/VNA – Deputy Prime Minister Vuong Dinh Hue received General Director of Samsung Vietnam Shim Won-hwan in Hanoi on November 16, applauding the firm’s increase of locally made components in its products.