NDO – The US-China trade war and the COVID-19 pandemic have provided Vietnam with an opportunity to attract foreign investment (FDI) as global capital flows tend to shift to safe havens. This is also a time when our country needs to drastically change our thoughts and actions in the selection of FDI partners and projects to move more towards high-quality capital flows as directed in Politburo Resolution No. 50. These factors make FDI attraction become a focal point of the "COVID year" in 2020 and will continue to do so in the years to come. 

NDO – The central province of Quang Tri has approved investment in three wind power projects worth a total of almostVND5.8 trillion (over US$251 million) in Huong Hoa district. 

NDO/VNA – More and more US businesses have been looking to pour capital into or expand their existing investment in Ho Chi Minh City, especially in hi-technology, electronics, and telecommunications, as well as other areas where the city has strengths. 

NDO – Ho Chi Minh City is the fifth most preferred destination in the Asia-Pacific, according to a new survey by Coldwell Banker Richard Ellis (CBRE). 

NDO - The southern province of Binh Phuoc granted investment licenses to 46 projects, worth a total of US$2 billion, at an investment promotion conference held on December 23. 

NDO - The northern province of Quang Ninh held a conference to announce the detailed plans for sub-zones within the Van Don Economic Zone and grant investment permission to a VND4 trillion (US$173 million) project in the economic zone. 

NDO – A webinar is being held by the Ministry of Finance (MOF) in coordination with the International Monetary Fund (IMF) from December 7-8, aiming to tighten relation between Vietnam and investors. 

NDO/VNA – As Vietnam is pursuing the twin targets of disease prevention and economic development, the number of new enterprises and those resuming operation has bounced back in recent months. 

NDO/VNA – Vietnamese investors poured a total of US$490.4 million in projects abroad in the first 11 months of 2020, up 6.9% year-on-year, according to the Ministry of Planning and Investment’s Foreign Investment Agency. 

NDO – More and more overseas Vietnamese have turned to their homeland, finding Vietnam to be an attractive destination for their investment, thanks to its effective containment of COVID-19, according to newly-appointed Deputy Minister of Planning and Investment Tran Duy Dong. 

NDO – Vietnam attracted US$23.48 billion worth of foreign direct investment (FDI) in the first ten months of 2020, equivalent to 80.6% of the same period in 2019, according to the Ministry of Planning and Investment. 

NDO – Vietnam’s capitalisation of listed domestic companies (as a % of GDP) index rose nine places in 2019 and climbed nine places in the latest Global Innovation Index (GII) 2020 released by the World Intellectual Property Organisation (WIPO). 

NDO – Sixteen enterprises from the Republic of Korea (ROK) discussed investment opportunities in Khanh Hoa during an investment promotion conference held by the central province’s authorities on October 23. 

NDO – The Asian Development Bank (ADB) and Phu Yen TTP Joint Stock Company (Phu Yen JSC) on October 9 signed a US$186 million loan for the development and operation of a 257 MW solar power plant in Hoa Hoi commune, Phu Hoa district, Phu Yen Province, this being Vietnam’s first certified green loan.