Samsung invests $1.2 bln in Vietnam in 2023, to focus on innovation, training
Samsung invested $1.2 billion in Vietnam in 2023 as part of its continuous commitments to the country, said Samsung Vietnam CEO Choi Joo Ho.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s economic growth could reach 6.13-6.48%: think tank
Vietnam’s economic growth can reach between 6.13% and 6.48% in 2024, higher than 5.05% achieved last year, according to two scenarios announced on Monday by the Central Institute for Economic Management (CIEM), a think tank under the Ministry of Planning and Investment.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam considers cost-based incentives to attract more FDI
Vietnam should consider cost-based incentives as it renews policies to attract foreign direct investment (FDI) because those currently in vogue are becoming outdated, says the Ministry of Planning and Investment.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam to tap global minimum tax revenues for fund to support priority sector investors
The Ministry of Planning and Investment is gathering comments on a draft decree to establish a fund that will use part of Global Minimum Tax (GMT) revenues to support investors in priority sectors.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Registered FDI in Vietnam posts highest ever growth of 32%
Registered foreign direct investment (FDI) in Vietnam reached $36.6 billion this year through December 20, up 32.1% year-on-year, the highest ever growth, according to the Ministry of Planning and Investment.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam gov’t mulls special package for high-speed railway
The Vietnamese government is considering a package of special mechanisms for the construction of a colossal high-speed railway that will run the length of the country.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Disbursed Jan-Nov FDI in Vietnam hit $20.25 bln, a record high in 5 years
Registered foreign direct investment in Vietnam reached $28.85 billion in the year through November 20, up 14.8% year-on-year, while disbursed capital hit $20.25 billion, up 2.9% and a record high in five years.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
PM nod recommended for $3 bln Mekong Delta urban area project
The Ministry of Planning and Investment has recommended that the Prime Minister approves a VND74,406 billion ($3.1 billion) mega urban area project in the Mekong Delta province of Long An.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Registered Jan-Oct FDI in Vietnam rises 14.7% to $25.8 bln
Registered foreign direct investment in Vietnam hit $25.76 billion in the year to October 20, up 14.7% year-on-year, according to the Ministry of Planning and Investment.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam, Switzerland to cooperate on eco-industrial park development
Vietnam and Switzerland will cooperate in transforming industrial parks into eco-friendly ones and in building new facilities over the next five years (2024-2028).
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam gov’t agencies, US semiconductor firms sign cooperation deals
Three cooperation deals were signed between Vietnamese government agencies and U.S. semiconductor businesses in Washington, D.C. on Tuesday (local time), as Prime Minister Pham Minh Chinh is on a week-long visit to the U.S.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Ministry calls for approval of new Vietnam-Singapore industrial park in northern Vietnam
The Ministry of Planning and Investment has urged Prime Minister Pham Minh Chinh to approve a 333.4-hectare Vietnam-Singapore Industrial Park (VSIP) project in the northern province of Thai Binh.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam to approve global minimum tax policy in October: prime minister
The Vietnamese government will submit global minimum tax (GMT) resolutions to the National Assembly, the country's highest legislative body, for approval in October.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Transport ministry to include Can Gio port in national plan
Vietnam’s Ministry of Transport plans to add the Can Gio transshipment port in Ho Chi Minh City to the 2021-2030 (vision until 2050) national seaport development plan.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam economy shows signs of recovery in Q2: minister
Vietnam’s macroeconomy has stabilized and showed signs of better growth in the second quarter of this year, said Minister of Planning and Investment Nguyen Chi Dung.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam startups secure $634 mln in 2022 funding
Startups in Vietnam secured 134 deals with venture capital investment of $634 million in 2022, down 19% and 56% year-on-year respectively, according to the Vietnam Innovation & Tech Investment Report 2023.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam aims to raise private sector contribution to 55% of GDP in 2025
Vietnam eyes to raise the private sector contribution to the GDP to 55% in 2025 and 60-65% in 2030, according to a new government resolution.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Planning and investment ministry has new deputy minister
Prime Minister Pham Minh Chinh has appointed Do Thanh Trung, director of the Ministry of Planning and Investment's department for national economic issues, as Deputy Minister.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long Son Petrochemicals urges ministries to finalize tax preferences
Long Son Petrochemicals Company Limited (LSP) has urged two ministries to aid the Long Son Petrochemicals Complex by finalizing the tax preferences, particularly for material imports, to avoid delays to the project.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
Danang city plans to build 150-hectare non-tariff zone
The central coastal city of Danang has proposed the construction of a 151.3-hectare non-tariff zone near Ba Na mountain for opening in 2027.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam eyes $5 bln in capital toward innovative startups in 2023-2025
Thirty-nine venture capital funds vowed to pour $1.5 billion into innovative startups in Vietnam in 2023-2025, as part of the country's effort to attract funds totalling $5 billion in the period.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Lower speed proposed for North-South Railway project over efficiency concerns
A maximum speed of 320 kilometers per hour for the North-South Express Railway as proposed by the transport ministry might lead to investment inefficiency, says the project consultant.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
Public investment disbursement hits $10.3 bln, 46.7% of plan
The disbursement of public investment reached VND243,148 billion ($10.25 billion) in the first nine months of the year, or 46.7% of the government's nine-month plan.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
MPI deputy minister faces disciplinary action
Deputy Minister of Planning and Investment Vo Thanh Thong faces disciplinary action for his violations and shortcomings under a decision signed by Prime Minister Pham Minh Chinh on Monday.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
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