With positive results seen in the first half of this year, Việt Nam hopes foreign direct investment (FDI) inflow in 2024 to hit US$40 billion in the whole year.
Foreign investments were poured into 50 out of the 63 cities and provinces, of which Ha Noi received the most, with about $1.87 billion, accounting for about 17.2 per cent of the sum.
The global corporate minimum tax is unlikely to impede Viet Nam’s FDI inflows given the fact that tax incentives are not the primary attraction for setting up a factory in Viet Nam.
This is the biggest fall in FDI inflows since the COVID-19 pandemic broke out again in the country in late April, wreaking havoc on multiple industrial parks in the northern provinces of Bac Giắng and Bắc Ninh.
