Page 7 - Fdi Projects News Today

The northern province of Vinh Phuc has attracted more than 425.9 million USD in foreign direct investment (FDI) in 2022, 42 pc higher than its yearly plan.

Achecklist for appraisal of foreign-invested ventures in Vietnam will help the country woo desired foreign funding.

TES Touch Embedded Solutions (Xiamen) Co.,Ltd of Taiwan (China) are keen to move its the production plant from India to Vietnam, with estimated investment capital in the initial phase reaching approximately US$30 million.

A lack of large-scale projects and global political fluctuations are key reasons for a fall in newly-registered capital inflow to Vietnam over several consecutive months.

The high share of foreign direct investment in Vietnam’s export turnover, as well as the minor participation of local suppliers, is a warning sign for many macroeconomic experts who advise reducing the dependence on foreign markets and strengthening domestic enterprises in favour of a more sustainable development strategy.

Ho Chi Minh City attracted 2.97 billion USD in foreign direct investment (FDI) this year to September 20, a year-on-year increase of 26.1 percent, according to the municipal Department of Planning and Investment.

Vietnam has a “golden chance” to attract a new wave of foreign investment, especially to economic zones (EZs) and industrial parks (IPs), according to Deputy Minister of Planning and Investment Tran Quoc Phuong.

Thanks to the development of a network of industrial parks and clusters as well as efforts to accompany investors, Hanoi has remained one of the bright spots of the country in foreign direct investment (FDI) attraction.

Processing - manufacturing and real estate are the biggest magnets for foreign direct investment (FDI) in the first nine months of 2022, statistics showed.

Processing - manufacturing and real estate are the biggest magnets for foreign direct investment (FDI) in the first nine months of 2022, statistics showed.