Becamex VSIP Bình Định industrial zone is expected to attract about $2 billion after going into operation and to create jobs for 120,000-150,000 local workers and those in neighbouring areas, contributing to improving Bình Định’s economic competitiveness and social infrastructure. … [Read more...] about Deputy PM attends groundbreaking ceremony of Becamex VSIP Bình Định industrial zone
Vsip
Singapore tops list of foreign investors in Vietnam
Do Nhat Hoang, Director of the Ministry of Planning and Investment’s Foreign Investment Agency, said Singaporean investment in Vietnam has increased mainly in the processing-manufacturing, trade and real estate sectors. Singapore is currently the third biggest foreign investor in Vietnam, accounting for about 14 percent of all FDI capital that the country has attracted so far. It is Vietnam’s 12th largest trade partner, with bilateral trade reaching more than US$7.3 billion in 2019. … [Read more...] about Singapore tops list of foreign investors in Vietnam
UOB secures more than $2 billion of FDI into Vietnam
Tran Duy Dong, Deputy Minister of Planning and Investment in Vietnam, said, “Vietnam’s economic strength and stability continue to make it a top FDI destination for global enterprises, driven by business opportunities arising from its young population, educated workforce and rising middle class. Many enterprises are also looking to invest and to expand deeper into Vietnam, encouraged by our advanced manufacturing capabilities and technological innovations in fast-developing cities beyond the traditional FDI destinations of Ho Chi Minh City and Hanoi." … [Read more...] about UOB secures more than $2 billion of FDI into Vietnam
