52 countries, territories invest in Vietnam
As many as 52 countries and territories had new investment projects in Vietnam in the first ten months of this year.
Japan ranked first among foreign investors in Vietnam during the period with a total newly registered and additional capital of over 4.8 billion USD, accounting for 25.2 percent of the country’s total registered foreign investment.The Republic of Korea and Singapore were Vietnam’s second and third largest investors, with 4.019 billion USD and 3.985 billion USD, respectively.
In general, Vietnam saw strong increases in both number and scale of foreign investment projects, making foreign investment attraction a silver lining in the country’s economic panorama.
Vietnam has brought in 19.2 billion USD in foreign direct investment (FDI) in the first 10 months of this year, a whopping 65.5 percent more than last year's figure, according to the General Statistics Office (GSO).
The GSO said around 1,050 new projects had been licensed this year with a registered capital of 13.1 billion USD, up 79 percent from the previous figure, with the remaining 6.1 billion USD in capital coming from existing projects.
Meanwhile, FDI disbursement in the January-October period only rose by 6.4 percent from last year to 9.6 billion USD.
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.
16:27, 2024/08/24
Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years