Page 8 - Fdi Projects News Today

High-tech foreign investments will continue to propel Vietnam’s economic growth for years to come, Michael Kokalari, chief economist at investment fund VinaCapital, has said.

President Nguyen Xuan Phuc received Indian Ambassador Pranay Verma in Hanoi on September 20, appreciating the outgoing diplomat’s contributions to the two countries’ cooperation in all aspects, especially during the two years of the COVID-19 pandemic.

Southern HCM City topped the country in foreign direct investment (FDI) in the first eight months of 2022, accounting for 16.1 per cent of the national figure, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).

Various investment promotion activities have been organised recently by authorities of Hai Phong to popularise the northern city as a dynamic and potential destination for investors.

Vietnam is currently the Republic of Korea (RoK)’s third largest trading partner, while the RoK has become the largest direct investor in the Southeast Asian nation.

The total newly registered and adjusted investment capital that poured into the northern province of Bac Ninh’s industrial parks (IPs) in July hit 59.96 million USD. Of the sum, 36.41 million USD was foreign direct investment (FDI).

The 77th anniversary of Indonesia’s Independence Day (1945 – 2022) was celebrated by the Ho Chi Minh City Union of Friendship Organisations (HUFO), showing the solidarity and friendship between people of the two nations.

Hai Phong administration remains committed to creating a favourable and fair environment for foreign investors, including those from the Republic of Korea, an official of the northern port city said on August 16.

Malaysia recorded 836.2 billion RM (over 188.1 billion USD) in foreign direct investment (FDI) at the end of the second quarter, up 24.1 billion RM from Q1, according to the Department of Statistics Malaysia.

Quang Nam lures Vietnamese businesses in Thailand