Hanoi leads in Red River Delta region in attracting FDI projects in Q1
KTĐT - According to the Foreign Investment Agency, in the first quarter of this year, provinces and cities in the Red River Delta region have drew 5,411 FDI projects with the total registered capital of 65.5 billion USD, accounting for 26% of total registered capital in the country.
KTĐT - According to the Foreign Investment Agency, in the first quarter of this year, provinces and cities in the Red River Delta region have drew 5,411 FDI projects with the total registered capital of 65.5 billion USD, accounting for 26% of total registered capital in the country.
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Hai Phong ranked the second with 465 projects, worth about 11.3 billion USD of investment capital, accounting for 9% of total projects and 17% of the total capital.
Processing and manufacturing industry saw the largest foreign investments as it absorbed 33.5 billion USD from 2,559 FDI projects, accounting for 47% of the number of projects and 51% of the total capital.
Real estate trading sector ranked the second with 133 projects valued at 10.7 billion USD, accounting for 16.3% of total investment in the region.
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Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
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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.
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Vietnam calls for more US investment in innovation, hi-tech
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Vietnamese leader urges Boeing to build production facility in Vietnam
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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.
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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