The latest 17-million USD paper factory of Nittoku Co. Ltd. of Japan lifted the total amount of foreign direct investment (FDI) in the northern province of Ha Nam to 1.056 billion USD. The province has focused on policies creating favourable conditions for enterprises to attract FDI, said Nguyen Van Oang, Director of the provincial planning and investment department. The province is now in the list of the top 10 provinces which have attracted the largest FDI nationwide.-VNA … [Read more...] about Ha Nam attract 1bln USD in foreign direct investment
Foreign direct investment
Foreign direct investments and dispute resolution
IMF, or the International Monetary Fund, has defined Foreign Direct Investment (FDI) as a cross-border investment. This simply means that a resident of one area will have control or strong influence in the management of a business enterprise resident in another area. FDI will happen due to the linking and globalization between different economies. Increased FDI in Various SEA Nations When it comes to international investments, there seems to be an investment growth in Asia. Even though there is the threat of the Asian Financial Crisis (AFC), the investment flow from FDI doesn't seem to be affected at all. While exports only make up ¼ of the FDI, sales to any foreign clients make up ¾ of the FDI. South East Asian countries tend to attract a lot of investments from the U.S.A., Japan, Canada and various European countries. The larger economies in Asia tend to have direct investments with smaller economies in the South East Asian areas. Inflow of FDI to Vietnam What … [Read more...] about Foreign direct investments and dispute resolution
Foreign direct investment moves to industrial and processing sectors
(VOVworld) – Foreign investors have poured 5.32 million dollars of foreign direct investment capital in Vietnam this year. This represents 68% of the registered FDI of the same period last year. Nguyen The Phuong, the Deputy Minister of Planning and Investment, says that more and more investment capital is moving into the industrial and processing sectors with a rise of 50% last year alone. Mr Phuong explains the reasons behind this ‘The decline is due to an increase in the number of major real estate projects that only exist on paper. Vietnam has recently focused on checking the authenticity of sources of FDI. As a result, in the short term, there will be a decline in registered investment capital, while in the long-term, Vietnam will still able to attract more quality investment’. … [Read more...] about Foreign direct investment moves to industrial and processing sectors
Vietnam seeks to improve quality of Foreign Direct Investment
(VOV) Experts suggest that Vietnam adopt policies to funnel foreign direct investment (FDI) into the right areas and avoid projects with outdated and environmentally-unfriendly technology. The suggestions were delivered Thursday at a seminar in Hanoi on ways to improve the quality of foreign investment flow into Vietnam. Since the first FDI projects came to Vietnam 25 years ago, this source of capital have positively impacted Vietnam’s socio-economic development. Each year FDI projects comprise more than half national import-export turnover. The sector has created some 2 million jobs. Vietnam currently has more than 13,500 valid FDI projects with a total registered capital of 200 billion USD. But economists say FDI attraction and management show some shortcomings. High tech projects are few, technological transfer is slow and investment policy is abused in some localities. This requires that the government re-orient its FDI attraction policies towards quality, efficiency and … [Read more...] about Vietnam seeks to improve quality of Foreign Direct Investment
Southeast Asia attracts more foreign direct investment than China for second year
Southeast Asia's major economies drew more foreign direct investment combined than China for the second straight year in 2014, as growth in their giant neighbour cooled. But by country, inflows into the region were uneven, swayed by political change and the varying costs of doing business. Overall FDI into Singapore, Indonesia, Malaysia, the Philippines, Thailand and Vietnam rose to a record $128 billion in 2014, estimates compiled by Thomson Reuters show. That surpassed the $119.56 billion that flowed into China. FDI into the Philippines grew the fastest, at 66 percent, while in Thailand, where the military seized power last year, inflows fell. FDI into Indonesia, the region's biggest economy, rose around 10 percent even though it was an election year. As China's troubled manufacturing sector loses momentum, Chinese businesses will be venturing abroad to cut operating costs and to search for new markets, economists say. Manufacturing powerhouses in Southeast Asia should pay heed. … [Read more...] about Southeast Asia attracts more foreign direct investment than China for second year