Investment

Hưng Yên creates open environment to attract investment

18:13 | 20/10/2024 FDI

With an open investment environment, modern infrastructure and abundant labour resources, Hưng Yên has successfully marketed itself as an attractive destination for investors.

Vietnam has great potential to attract FDI in medical sector

14:34 | 19/10/2024 Investment

(VEN) - With a large and growing domestic market, socioeconomic stability, and active participation in free trade agreements (FTAs), Vietnam has significant potential to attract foreign direct investment (FDI) in the medical sector.

Ben Tre calls on investors to coastal areas

17:27 | 18/10/2024 Investment

The southern province of Ben Tre is striving to attract investors to its coastal areas as a move to realise its goal of developing its eastern part.

Bình Dương eyes semiconductor, high-tech development

08:56 | 17/10/2024 Investment

The southern province of Bình Dương is focusing on facilitating investment in semiconductor and high-tech industries to leverage its advantages in these fields.

Dong Nai rolls out red carpet for investment in "100-year development strategy"

16:40 | 24/10/2024 Investment

The southern province of Dong Nai is considered to be at a golden stage, gathering all necessary factors to accelerate and make strong breakthroughs in the coming years, including aligning the province's development with the Southeast region.

Binh Duong needs 300 million USD to upgrade urban infrastructure

09:15 | 22/10/2024 Investment

The southern province of Binh Duong is implementing a plan to access loans of nearly 317 million USD to upgrade urban infrastructure for residents' better living conditions, according to Vice Chairman of the provincial People’s Committee Mai Hung Dung.

Vinh Phuc Province, destination for global corporations

11:05 | 21/10/2024 Investment

(VEN) - In early September 2024, Richard Chandler, a billionaire ranked 15th on Forbes’ list of the 50 wealthiest billionaires in Singapore, proposed to Tran Duy Dong, Chairman of the People’s Committee of Vinh Phuc Province, a project worth VND1 trillion to be developed in the locality.

Lai Châu attracts VND2 trillion worth of investments

16:52 | 14/10/2024 Investment

Lai Châu Province attracted more than VNĐ2 trillion (US$80.5 million) of investments at an investment promotion conference held on Sunday.

Public investment disbursement acceleration promotes socio-economic development

18:04 | 13/10/2024 Investment

Vietnam is speeding up public investment disbursement to push growth, after going through difficult times due to the severe economic impact of Typhoon Yagi.

RoK companies step up investment in hi-tech industries in Vietnam

17:48 | 12/10/2024 FDI

Investment of the Republic of Korea (RoK) in Vietnam has gradually expanded from heavy industries to a wide range of high-tech industries, significantly contributing to the development of the manufacturing industry and high technology transfer between the two countries, according to the Korean Chamber of Commerce in Vietnam (KOCHAM).

Ca Mau Province accelerates public investment disbursement

17:29 | 11/10/2024 Investment

This southernmost province has set a target of 7% economic growth this year, so the pressure to disburse public investment capital from now until the end of the year is still very large, and solutions are needed to create a breakthrough.

HCM City approves US$9b Cần Giờ coastal urban development project

10:04 | 11/10/2024 Investment

HCM City People’s Committee has approved the planning for the Cần Giờ coastal urban area, which covers an area of 2,870 hectares and is projected to attract nearly US$9 billion in private investment.

Bac Ninh leads nation in FDI attraction in nine months

18:05 | 09/10/2024 FDI

Bac Ninh province continued topping the nation for foreign direct investment (FDI) influx with a total of over 4.2 billion USD during January-September on the back of its sound investment climate, modern infrastructure, and abundant labour force.

Total social investment capital disbursed in nine months up 6.8%: GSO

14:41 | 08/10/2024 Investment

The total social investment capital disbursed during January – September rose 6.8% to some 2.42 quadrillion VND (97.2 billion USD) on the back of a fall in lending interest rate, robust production growth, and the continuation of tax incentives, according to the General Statistics Office (GSO).

Bến Tre to unlock potential for investment attraction

10:10 | 07/10/2024 FDI

The Cửu Long (Mekong) Delta province of Bến Tre has approved six projects with a total capital of nearly VNĐ8 trillion (US$322 million).

Foreign capital influx permeates southern real estate market

10:06 | 06/10/2024 FDI

Foreign investment are continuously poured into the real estate market in southern localities, resulting in the emergence of a series of new property projects in the past eight months.

Foreign investment surpasses 24.78 billion USD in nine months

09:27 | 04/10/2024 FDI

Total registered foreign investment into Việt Nam has exceeded US$24.78 billion as of September 30, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Brescia province's business community interested in Vietnamese market

09:16 | 04/10/2024 FDI

Vietnamese Ambassador to Italy Duong Hai Hung on October 1 attended a business forum on Southeast Asian markets held in the city of Brescia in Northern Italy, at the invitation of President of the Federation of Employers (Confindustria) of Brescia province Franco Gusalli Beretta.

Long Son Petrochemicals complex starts commercial operation

15:14 | 03/10/2024 FDI

Long Son Petrochemicals (LSP)’s integrated petrochemical complex, the first of its kind in Vietnam, was put in commercial operation on September 30.

Ba Ria – Vung Tau shows excellent performance in improving investment environment

09:04 | 02/10/2024 Investment

Good performances in the Provincial Competitiveness Index (PCI), green index, and investment attraction show that the southern province of Ba Ria - Vung Tau has continuously made efforts to improve the investment and business environment, and to reform administrative procedures towards pursuing the goal of green and sustainable development.

Garment - textile industry pins high hopes on FDI inflows

11:11 | 01/10/2024 Investment

HANOI – Vietnam has so far attracted 3,500 foreign direct investment (FDI) projects in the garment - textile industry with a combined value of 37 billion USD, according to the Vietnam Textile and Apparel Association (VITAS).

Trước Sau

Latest Most Read

Domestic car production peaks, ensures abundant supply

17:04 | 07/11/2024 Economy

HÀ NỘI — Domestic car production this year has reached a new high with 38,200 cars assembled in October, according to data released by the General Statistics Office (GSO) on Wednesday.

Việt Nam ready to attract major semiconductor players with new initiatives

16:51 | 07/11/2024 Economy

HÀ NỘI — Việt Nam has shown it is ready to welcome and collaborate with semiconductor companies and investors from around the globe, Minister of Planning and Investment Nguyễn Chí Dũng stated at the opening of SEMIExpo Vietnam 2024 on Thursday.

Vietnam gives top priority to relations with China: PM

16:43 | 07/11/2024 Policy

Kunming – Developing relations with China is a consistent policy, an objective requirement, a strategic choice, and a top priority in Vietnam's foreign policy, Prime Minister Pham Minh Chinh told Chinese Premier Li Qiang at their talks in Kunming city in China’s Yunnan province on November 7.

Hanoi attracts 1.6 billion USD in FDI in ten months

15:18 | 07/11/2024 Investment

Hanoi attracted 58.4 million USD in foreign direct investment (FDI) in October, bringing the total in the first ten months of this year to 1.6 billion USD.

Metro line connecting capital with airport needed

15:04 | 07/11/2024 Society

Residents of Hanoi increasingly yearn for a metro line linking the Noi Bai International Airport to reduce the costs and travel times for both locals and tourists.

Rice exports likely to set new record in 2024

11:07 | 04/11/2024 Trade

Vietnam sold 800,000 tonnes of rice overseas for 505 million USD in October, bringing the country's total export volume and value in the first ten months to nearly 7.8 million tonnes and 4.86 billion USD, up 10.2% and 23.4% year-on-year, respectively.

High real estate credit growth raises concern

11:04 | 04/11/2024 Economy

State Bank of Vietnam (SBV)’s Governor Nguyễn Thị Hồng said real estate loans by the end of September this year were VNĐ3.15 quadrillion, up 9.15 per cent compared to the end of last year.

How the US election result can impact Việt Nam's exports

11:07 | 04/11/2024 Economy

Vietnamese businesses need to step up the building of close relationships with partners and associations in the US.

M&A activities show signs of recovery

11:11 | 04/11/2024 Economy

Mergers and acquisition (M&A) activities in Việt Nam have been showing signs of recovery in recent months as several large companies announced finished deals.

VN among the top three ASEAN countries in term of industrial competitiveness

11:15 | 04/11/2024 Economy

The industrial sector's share of GDP could be over 40 per cent, with the manufacturing and processing industry alone accounting for around 30 per cent of GDP.

Multimedia

Video Longform Infographic Photo

Vietnam's key contributions to ACMECS

11:02 | 07/11/2024 Infographic

Vietnam officially joined the Ayeyawady - Chao Phraya - Mekong Economic Cooperation Strategy (ACMECS) at the first ACMECS Ministerial Meeting in Thailand in November 2004. As an active and responsible member, Vietnam has made and continues to make significant contributions to ACMECS.

Vietnam’s role in GMS economic cooperation

09:20 | 06/11/2024 Infographic

At the invitation of Chinese Premier Li Qiang, Prime Minister Pham Minh Chinh is leading a high-level delegation to the 8th Greater Mekong Subregion (GMS) Summit from November 5-8, 2024. On this occasion, he will also attend the 10th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit and the 11th Cambodia-Laos-Myanmar-Vietnam (CLMV) Cooperation Summit and hold working sessions in China.

Practical innovations

09:15 | 06/11/2024 Science - Technology

Recent cooperation between InfraSen, a start-up in semiconductor technology, and MK Group, a leading company in technology, has shown an encouraging sign of unity between scientists and economists. The MK Group will help produce a thermal image core sensor of InfraSen for domestic and overseas markets. Let’s listen to insiders’ voices about semiconductor device production in Việt Nam!

Seven strategic directions to lead the nation into a new era

17:04 | 05/11/2024 Infographic

In the special feature on the new era—the era of the nation's rise—on October 31, 2024, Party General Secretary To Lam outlined seven strategic directions for the country to embark on this new phase of national development.

Delicacy of Hà Nội’s autumn

11:29 | 04/11/2024 Lifestyle

Cốm (young rice) is a delicacy of Hà Nội’s autumn, from which many popular dishes have been created, but it is also being developed in new ways by younger cooks.

Policy

Vietnam gives top priority to relations with China: PM

16:43 | 07/11/2024 Policy

PM puts forth proposals to develop new-generation GMS economic corridors

14:59 | 07/11/2024 Policy

Kunming – Vietnamese Prime Minister Pham Minh Chinh joined leaders of Cambodia, Laos, Myanmar, Thailand and China as well as heads of the Asian Development Bank (ADB) and regional and international organisations at the 8th Greater Mekong Sub-region (GMS) Summit which opened in Kunming city in China’s Yunnan province on November 7.

Vietnam proactively raises initiatives within CLMV

11:08 | 07/11/2024 Policy

Since the establishment of the Cambodia-Laos-Myanmar-Vietnam (CLMV) cooperation mechanism, Vietnam has consistently acted as an active and responsible member, making significant contributions to the mechanism.

Revised Pharmacy Law only fixes tip of iceberg

10:54 | 07/11/2024 Policy

National Assembly (NA) deputy Phạm Khánh Phong Lan, from the HCM City delegation, spoke to Vietnamplus during the current session of the NA looking at the draft revisions to the Pharmacy Law.

Industry & Trade

Vietnam’s path to sustainable semiconductor industry

10:47 | 07/11/2024 Industry

(VEN) - Vietnam’s semiconductor industry development strategy aims to reach an annual revenue of over US$25 billion in the 2024-2030 period, US$50 billion in the 2030-2040 period, and US$100 billion in the 2040-2050 period.

Industrial production index rises 8.3 per cent in ten months

16:30 | 06/11/2024 Industry

The Industrial Production Index in October increased by 7 per cent, pushing the increase in the first 10 months to 8.3 per cent, compared to the same time last year.

Efforts to bring electricity to remote villages of Ha Giang Province

15:15 | 04/11/2024 Energy

The northern province of Ha Giang has complex terrain and a sparsely populated community, which poses many challenges to infrastructure investment, particularly in bringing electricity to remote mountainous villages. However, thanks to the efforts of local authorities and the electricity sector, Ha Giang Province is gradually realising the goal of providing electricity to all highland villages.

Vietnamese F&B industry works to catch up with green consumption trend

17:38 | 03/11/2024 Industry

By promoting the use of green materials and technologies in production, Vietnam will win the world food and beverage market which is switching to the green consumption trend, according to experts.

Investment

Hanoi attracts 1.6 billion USD in FDI in ten months

15:18 | 07/11/2024 Investment

Hanoi attracted 58.4 million USD in foreign direct investment (FDI) in October, bringing the total in the first ten months of this year to 1.6 billion USD.

Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion

16:16 | 04/11/2024 Investment

Foxconn's Shunsin Technology Việt Nam is seeking an environmental permit for a US$80 million chip manufacturing project in Bắc Giang province.

Da Nang to invest additional 16 million USD into software park

17:19 | 03/11/2024 Investment

The People's Council of Da Nang city has approved the adjusted pre-feasibility study report for the development of Software Park No 2, proposed by the municipal People's Committee.

PM receives heads of leading investment firm, authority of Qatar

09:07 | 01/11/2024 Investment

Vietnamese Prime Minister Pham Minh Chinh have received leaders of the JTA International Investment Holding and the Qatar Investment Authority (QIA) in Doha as part of his official visit to the Middle Eastern country.

Finance-Banking

Việt Nam's stock market moves closer to emerging market status amid key policy changes

18:05 | 06/11/2024 Stock Market

The swift efforts by the Vietnamese securities regulator to eliminate pre-funding requirements have garnered praise from FTSE Russell and Morgan Stanley.

Krungsri proposes accelerating purchase of 50% of SHBFinance’s charter capital

15:46 | 05/11/2024 Finance-Banking

Ayudhya Public Bank Limited (Krungsri), a member of Japan's MUFG Group, has proposed to the Saigon - Hanoi Commercial Joint Stock Bank (SHB) that it will speed up the acquisition of the remaining 50% of SHBFinance’s charter capital.

Finance ministry proposes two price management scenarios for year-end

10:11 | 04/11/2024 Finance-Banking

The Ministry of Finance has released two price management scenarios to control inflation until the end of the year.

Banking sector prioritises support for import-export firms

16:35 | 02/11/2024 Finance-Banking

Affordable bank credit has supported businesses in key sectors that drive the country’s economic growth, Nguyen Duc Lenh, deputy director of the State Bank of Vietnam’s Ho Chi Minh City office, told a conference on October 31.

Environment

The 2024 Vietwater & WETV exhibitions open in HCMC

14:37 | 06/11/2024 Environment

The international exhibitions on water supply, sanitation, water resources and purification (Vietwater 2024) and on waste treatment and environment technology (WETV 2024) have opened in Ho Chi Minh City (HCMC).

Workshop looks to address environmental management issues in industrial areas

16:34 | 05/11/2024 Environment

The State Audit Office of Vietnam (SAV) hosted a workshop in Hanoi on November 5, bringing together top auditors from ASEAN member states to share experience in handling environmental management challenges in industrial clusters and craft villages.

More accurate forecasts at all levels needed to reduce coastal disaster risk

15:07 | 04/11/2024 Environment

Establishing different warning levels for natural disaster risks will help minimise damage and overcome the consequences of natural disasters.

Nearly-98-million-USD environment project inaugurated in Ninh Thuan

10:13 | 03/11/2024 Environment

The Phan Rang-Thap Cham city sub-project – part of the Coastal Cities Sustainable Environment Project funded by the World Bank Group was inauguarted in the south-central province of Ninh Thuan on November 2 with improved infrastructure works that can benefit 69,000 local residents.

Science - Technology

Practical innovations

09:15 | 06/11/2024 Science - Technology

Technology “key” to attract FDI

09:09 | 05/11/2024 Science - Technology

(VEN) - According to Nguyen Van Toan, Vice President of the Association of Foreign Investment Enterprises (VAFIE), apart from environmental factors, technology plays an important role, not only in economic development, but also in the race to attract foreign direct investment.

HCM City partners with Google for Education in digital transformation

14:47 | 04/11/2024 Science - Technology

Tim Paolini, Director of Google for Education for Asia-Pacific and Middle East, had a working session with representatives of the Ho Chi Minh City People’s Committee on November 1 to discuss cooperation orientations for digital transformation in education.