Vinh Phuc draws 425.9 million USD of FDI in 2022
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.
Source: vir.com.vn
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Screening tool to bump up FIE quality
Achecklist for appraisal of foreign-invested ventures in Vietnam will help the country woo desired foreign funding.
Source: vir.com.vn
Taiwanese firm to invest US$30 million to build factory in Bac Ninh
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.
Source: english.vov.vn
Roadblocks hit trajectory for newly-registered capital
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.
Source: vir.com.vn
Spillover FDI effects require levelling up
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.
Source: vir.com.vn