Vietnam needs to modify FDI incentives to stay competitive amid global minimum tax application: expert

Vietnam needs to modify FDI incentives to stay competitive amid global minimum tax application: expert

Vietnam’s policymakers need to consider changes to foreign direct investment incentives to keep the country competitive when it implements Global Minimum Tax rules, says Prof. Nguyen Mai, chairman of the Vietnam’s Association of Foreign Invested Enterprises (VAFIE).

Opinion - Tue, May 14, 2024 | 9:37 am

Vietnam attracts $9.27 bln in registered FDI from Jan-Apr, Ba Ria-Vung Tau top recipient

Vietnam attracts $9.27 bln in registered FDI from Jan-Apr, Ba Ria-Vung Tau top recipient

Registered foreign direct investment (FDI) in Vietnam reached $9.27 billion in the year to April 22, while disbursed FDI hit $6.28 billion, the highest figure in the last five years.

Economy - Tue, April 30, 2024 | 10:43 am

Industrial real estate still leads Vietnam market: experts

Industrial real estate still leads Vietnam market: experts

Despite difficulties, industrial park real estate still leads the market, attracting sustainable foreign direct investment (FDI) to Vietnam, said experts.

Industrial real estate - Mon, April 29, 2024 | 2:38 pm

Vietnam FDI remains robust as Chinese firms step up

Vietnam FDI remains robust as Chinese firms step up

Foreign direct investment (FDI) flow to Vietnam has continued to grow since the start of this year with Chinese businesses taking the lead in terms of new projects.

Economy - Thu, March 28, 2024 | 9:27 am

Chinese electronics materials maker to build $50 mln factory in northern Vietnam

Chinese electronics materials maker to build $50 mln factory in northern Vietnam

Guangdong SQ New Material Co., a Chinese manufacturer of materials used in the electronics industry, is exploring opportunities to build a $50 million plant in Bac Ninh province.

Industries - Tue, March 26, 2024 | 4:09 pm

Vietnam northern province Quang Ninh attracts $600 mln of FDI in Q1

Vietnam northern province Quang Ninh attracts $600 mln of FDI in Q1

Quang Ninh province in northern Vietnam has attracted nearly $600 million in foreign direct investment (FDI) in the first quarter this year, accounting for 20% of its annual target.

Industries - Tue, March 26, 2024 | 1:31 pm

Importance of US companies in Vietnam far beyond mere FDI statistics: business council

Importance of US companies in Vietnam far beyond mere FDI statistics: business council

Statistics on foreign direct investment (FDI) announced by the Vietnamese government do not fully reflect the importance of U.S. companies to the country’s economic and export growth, said a representative of the U.S.-ASEAN Business Council (USABC).

Economy - Tue, March 19, 2024 | 10:10 am

Vietnam builder PC1 to expand industrial park portfolio amid rising FDI

Vietnam builder PC1 to expand industrial park portfolio amid rising FDI

PC1 Group Joint Stock Company, listed on the Ho Chi Minh Stock Exchange as PC1, has plans to expand its industrial park (IP) portfolio by 1,500-3,000 hectares by 2030 as foreign investment in Vietnam continues to rise.

Industrial real estate - Sat, March 16, 2024 | 11:27 am

US Mission invites Vietnam firms to join 2024 SelectUSA Investment Summit

US Mission invites Vietnam firms to join 2024 SelectUSA Investment Summit

U.S. Ambassador to Vietnam Marc Knapper on Tuesday announced recruitment for the 10th SelectUSA Investment Summit, the largest event promoting foreign direct investment in the U.S., to be held in Washington, DC, on June 23-26.

Industries - Tue, March 12, 2024 | 5:59 pm

Hai Phong city prepares massive industrial parks to accommodate FDI

Hai Phong city prepares massive industrial parks to accommodate FDI

Vietnam’s northern port city of Hai Phong has plans to build new industrial parks (IPs) to prepare for an anticipated increase in foreign direct investment (FDI) amidst a supply chain value shift to the Southeast Asian region.

Industrial real estate - Tue, March 12, 2024 | 10:45 am

Southeastern Vietnam localities seek FDI for 'new' industries

Southeastern Vietnam localities seek FDI for 'new' industries

Vietnam’s southeastern localities, which have seen strong foreign direct investment (FDI) inflows since the start of this year, are working hard to attract more, particularly into new industries.

Infrastructure - Sun, March 10, 2024 | 7:00 am

Registered FDI in Vietnam soars 39% to $4.3 bln in 2 months

Registered FDI in Vietnam soars 39% to $4.3 bln in 2 months

Foreign investors have continued to bet on Vietnam’s success story by pouring in fresh cash, sending committed foreign direct investment (FDI) in the Southeast Asian country to $4.29 billion in the first two months of this year, up 38.6% year-on-year.

Economy - Wed, February 28, 2024 | 5:07 pm

Quang Ninh province set to attract $1 bln FDI in Q1

Quang Ninh province set to attract $1 bln FDI in Q1

Vietnam’s northern province of Quang Ninh on the border with China is likely to lure $1 billion in foreign direct investment (FDI) in the first quarter of this year after, enhancing its position as an investment magnet.

Industries - Fri, February 23, 2024 | 11:51 pm

Huge potential for increased US investment to meet Vietnam’s infrastructure needs: experts

Huge potential for increased US investment to meet Vietnam’s infrastructure needs: experts

The latest status upgrade in Vietnam-US ties has generated great potential to lure further foreign direct investment (FDI), given Vietnam’s need for soft and hard infrastructure, experts said.

Industries - Sat, February 3, 2024 | 11:17 pm