Fdi

HÀ NỘI – As a major foreign investment hub, China is hit hard by the new strain of coronavirus, now known as Covid-19, but this also provides an opportunity for other countries to accelerate efforts to attract new foreign investment, especially investments in China which may seek other destinations. … [Read more...] about FDI in Việt Nam expected to surge after the epidemic

This has been illustrated by the country becoming Vietnam’s second-largest foreign investor last year, involved in nearly 4,400 projects worth almost $60 billion. Sumitomo, Honda, Toyota, Canon, and Panasonic all have a substantial foothold in the country. Vietnam also has the distinction of being named the most promising destination for investment in Asia this year, according to a survey carried out by media group NNA Japan Co., Ltd and revealed last month. In the survey, over 42 per cent of the 820 respondents selected Vietnam as a top investment location, citing factors such as growth potential and supply of skilled and low-cost labour. India was second at just over 12 per cent, with Myanmar third on 11.6 per cent and Indonesia fourth at 6.6 per cent. … [Read more...] about Bright spots for FDI inflows in 2020

Bac Ninh (VNA) – The management board of industrial parks in the northern province of Bac Ninh has so far this year granted licences to 17 new foreign direct investment (FDI) projects totally worth 53.7 million USD. Another 11 existing projects in those zones have also been allowed to add 124.41 million USD to their investment capital. Bac Ninh industrial zones are now home to 996 valid FDI projects with a combined capital exceeding 17.32 billion USD. The provincial Department of Planning and Investment has also licensed 13 new projects worth 3.57 million USD, and revoked another valued at 0.1 million USD outside the industrial zones. The accumulative new and additional investment capital in the locality has reached 181.67 million USD./. … [Read more...] about 17 more FDI projects licensed in Bac Ninh industrial zones

Bac Lieu (VNA) – The People’s Committee of Bac Lieu province hopes the licence it granted to a Singapore company for a liquefied natural gas-fired (LNG) power plant in the province is going to be a significant factor in attracting further foreign direct investment (FDI). … [Read more...] about Bac Lieu hopes 4-billion-USD LNG project will attract more FDI

Investors will have to reassess production and investment plans to avoid risks and the rearrangement of global production networks will be an opportunity for Viet Nam to lure a large number of foreign businesses and investments, according to the Vietnamese National Centre for Socio-Economic Information and Forecast. … [Read more...] about FDI in Vietnam expected to surge after the epidemic