The total registered foreign direct investment (FDI) in Việt Nam reached nearly US$21 billion as of August 31, up 7 per cent over the same period last year.
Foreign direct investment into Việt Nam during the first five months of the year reached US$11.07 billion, a 2 per cent increase compared to the same period in 2023.
The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.
The southeast region is preparing necessary conditions in infrastructure, administrative procedures and human resources to welcome a new wave of foreign direct investment (FDI), as investors have flocked to the region right from the beginning of this year.
The southern province of Binh Duong attracted about US$1.6 billion worth of foreign direct investment (FDI) in the first quarter of 2022, 3.6 times higher than that in the same period last year.
Thanks to controlling the COVID-19 epidemic and reopening in a timely manner, Long An Province has managed to attract foreign direct investment in the first two months of this year.
The Cửu Long (Mekong) Delta region, which covers 13 cities and provinces, has many advantages for attracting investment, especially foreign direct investment (FDI), thanks to its huge potential for agricultural production and renewable energy development.
Inspections against transfer pricing will be increased as per a proposal by the Ministry of Finance in the context that more than half of foreign direct investment (FDI) enterprises reported losses.
However, the Ministry of Planning and Investment (MPI), said many foreign-invested enterprises have gradually recovering and maintaining their business and production activities.
In the last three decades, the country has attracted more than US$370 billion in FDI with $38 billion registered in 2019, the highest figure in the last 10 years and up 7.2 per cent over the previous year.
Viet Nam needs to revise tax and land policies for foreign direct investment (FDI) companies to ensure a level playing field for businesses and to ensure companies pay correct taxes, says VEPR
The north central coastal province of Quang Binh has set the target of attracting a total of US$1.5 billion in foreign direct investment (FDI) by 2030, according to the provincial Department of Planning and Investment.
Viet Nam attracted US$12.33 billion worth of foreign direct investment in the first four months of 2020, a year-on-year decrease of 15.5 per cent due to the impact of the COVID-19 pandemic, according to the Foreign Investment Agency.