In the first two months of this year, Việt Nam''s total overseas investment capital reached nearly US$239 million, representing a 9.5-fold rise year-on-year.
Investors at a recent forum in Singapore expressed interest in learning more about Đà Nẵng''s investment environment, regulatory innovation commitments and opportunities the city offers to international investors.
The expansion will cover 9.1ha in the Nhơn Hội Economic Zone and aims to boost production capacity for key product lines, targeting an output of 350,000 tonnes per year.
Located in Hòa Ninh Commune, Hòa Vang District, Đà Nẵng, the Hòa Ninh Industrial Park, which is being promoted as the most modern park in the city, aims to attract a new wave of investment.
Nguyễn Văn Thi, Standing Vice Chairman of the Thanh Hóa Provincial People''s Committee, underscored the strategic significance of the two major projects in advancing Việt Nam''s chemical and garment industries.
Vân Đồn is striving to become an economic and cultural centre of the region, with focus on developing services and industries that utilise advanced science and technology.
Currently, Cần Thơ’s export processing and industrial zones have attracted 257 investment projects with a total registered capital of $2.256 billion, of which $1.295 billion has been realised, accounting for 57 per cent of the total registered capital.
New industrial projects are expected to contribute about VNĐ5 trillion (US$197 million) to the industrial production value of the southern province of Bà Rịa-Vũng Tàu in 2025, according to the provincial Department of Industry and Trade.
The Southern Coastal Economic Zone of Hải Phòng has officially come into being, expected to broaden the development space and growth momentum for the northern port city.
PwC’s survey results highlight that business leaders have increasingly diversified their investment portfolios and shifted toward emerging markets in Asia-Pacific and Europe, however they also remain cautious.
The Yên Bình 3 Industrial Park infrastructure construction and business project will span 295.3 hectares, with a total investment of VNĐ4.14 trillion (US$163 million).