Fdi strategy 2023-2023 vietnam

  • Danish royal couple leads business promotion in Vietnam

    The Crown Prince couple of Denmark is leading a business delegation to Vietnam on November 1-2.

  • Strong macroeconomic foundation fuels growing hiring demand

    Vietnam's recruitment market continues to experience an upward trend following the strong recovery of the economy post-COVID.

  • FDI inflows reach 22.46 billion USD in 10 months

    Foreign capital inflows fell whereas disbursed capital rose in the first 10 months of 2022, according to the Foreign Investment Agency [FIA] under the Ministry of Planning and Investment.

Your Consultant October 31, 2022 | 09:55

Renovation needed for logistics industry to thrive: insiders

The Vietnamese logistics sector is eyeing the urgent need for renovation, overall solutions and vision as well as new development orientations to catch up with the global trend, creating a breakthrough for the country’s socio-economic recovery and development, according to experts.

Your Consultant October 21, 2022 | 10:51

Making the right choices for private airport expansion

Vietnam’s airport development plan for 2030 is a hot issue, attracting much interest among private investors and cities and provinces. Tony Foster, managing partner at Freshfields Bruckhaus Deringer LLP, delves into future opportunities, possible risks, and lessons from other countries.

KPMG October 05, 2022 | 11:35

Rong Viet Securities signs strategic cooperation agreement with KPMG Vietnam

Rong Viet Securities Corporation and KPMG Vietnam officially held the launch ceremony of a Customer Relationship Management [CRM] project on September 19.

PwC September 26, 2022 | 10:00

Keeping on top of crypto legislation

The growth of central bank involvement in the digital currency sector has significantly been increased in recent years, with many central banks considering launching a central bank digital currency.

RSM Vietnam September 20, 2022 | 19:29

RSM Vietnam celebrates opening new office in Ho Chi Minh City

On September 14, RSM Vietnam officially held the opening ceremony of a third office in Ho Chi Minh City.

ASL LAW September 14, 2022 | 08:00

ASL Law branches out services for wider regional ambitions

Opening the first representative office for ASL Law in Singapore on August 12 was an important milestone in the firm’s expansion journey. Pham Duy Khuong, managing director of ASL Law, speaks with VIR’s Hoang Oanh about his dream of going global.

ManpowerGroup Vietnam October 20, 2022 | 17:07

HR leaders urged to handle work management in global uncertainty

Human resource leaders are required to be at the forefront of supporting and growing their businesses.

Indochine Counsel September 01, 2022 | 20:15

Defining innovative startup enterprises in Vietnam

The state has provided special policies to encourage small- and medium-sized startup enterprises [SMEs] that primarily focus on tech advancement and research, and need the assistance of all resources for building their reputation and market status.

D.lion October 27, 2022 | 21:00

Blockchain a key player in digital era

Blockchain tech is accelerating as a key factor for national development, contributing to accelerating Vietnam’s digital transformation process as it applies to different industries and business arenas.

Indochina Capital September 19, 2022 | 17:53

Indochina Kajima holds ground-breaking ceremony for Wink Hotel Can Tho Centre

Indochina Kajima Development Limited [Indochina Kajima] and Kajima Corporation held a ground-breaking ceremony for the Wink Hotel Can Tho Centre.

September 19, 2022 | 08:25

Citi supporting Vietnam in connecting the global dots

Vietnam is considered by US group Citi as an attractive market. Ramachandran A.S., Citi country officer, talked to VIR’s Linh Le about the group’s efforts to utilise its global experience in the Southeast Asian nation, and its priorities moving forward.

September 15, 2022 | 15:54

Radisson Hotel Group spearheading hospitality growth in Asia-Pacific

With travel restrictions easing, air traffic increasing, and leisure and business travel bookings on the rise, Radisson Hotel Group is optimistic about the outlook for the hospitality industry in Asia-Pacific.

August 15, 2022 | 14:41

Secrets of the most special securities company in Vietnam

Techcom Securities’ [TCBS] leadership, with cutting-edge vision and execution muscle, has changed the course of the company over the last nine years since Nguyen Xuan Minh became chairman of the Board of Directors. VIR’s Tuan Khanh sat together with Minh and talked about his path, vision, and success story.

August 04, 2022 | 01:31

Promoting gender equality & enhancing women's economic empowerment

Vietnarn's national strategy on gender equality for the 2021-2030 period sets a target that by 2025, 60 per cent of state management ageneies and local governments at all levels will have female key leaders.

August 02, 2022 | 16:05

Bringing benefits to business via diversity policies

Vietnam has made great strides in protecting the rights of lesbian, gay, bisexual, and transgender people, and with gay and lesbian people able to openly disclose their sexual orientation, evidence exists that this can only benefit society – even in an economic sense.

Green Growth October 30, 2022 | 20:41

Efforts needed to encourage travellers to use e-vehicles

A legal framework, support policies and a concerted infrastructure system are needed to encourage people to switch to using electric vehicles, according to Director of VinFast’s charging station development centre Vu Thang.

Green Growth October 28, 2022 | 09:32

Action plans for high-income and low-carbon future

About $184 billion at current value – that’s the estimate of the potential investment opportunities for the private sector over the next couple of decades to help Vietnam on a climate-resilient and net-zero development pathway.

Green Growth October 28, 2022 | 09:17

Intensifying climate change a threat to global human rights

Vietnam is among the world’s most vulnerable countries to climate change. It is therefore especially encouraging that Prime Minister Pham Minh Chinh committed to net-zero emissions last year.

Green Growth October 27, 2022 | 12:18

Moves made to tighten up offshore approval rulings

The Ministry of Natural Resources and Environment has proposed to the prime minister a temporary freeze on valuations and approvals to study offshore wind projects until existing regulations and technical issues have been removed.

Green Growth October 27, 2022 | 12:12

Offshore wind bonanza within reach for the country

Vietnam’s offshore wind potential comes with its own set of hurdles and restrictions. David Harrison, partner at Mayer Brown’s Vietnam Office, talked with VIR’s Nguyen Thu about wind energy’s role in Vietnam’s energy transition.

Green Growth October 27, 2022 | 12:05

Overseas investors boosting rooftop solar presence at IZs

Many foreign investors are funding rooftop solar panels in Vietnam to meet the increasing demands of industrial zone developers and transition towards sustainable energy sources.

Most viewed

Infographics

Infographics November 02, 2022 | 11:08

Vietnam-Denmark comprehensive partnership

The relations between Vietnam and Denmark have been further deepened since the two countries established their diplomatic relations in 1971.

Infographics October 31, 2022 | 11:55

Vietnam-China comprehensive strategic cooperative partnership

Party General Secretary Nguyen Phu Trong began an official visit to China on Oct. 30 at the invitation of General Secretary of the Communist Party of China Central Committee and President of China Xi Jinping. In recent years, Vietnam-China ties have maintained a stable and positive trend. Their leaders have reached important common perceptions, helping lift bilateral ties to a new height.

Timeout November 01, 2022 | 14:16

Grand Mercure Danang unveils all-inclusive package for year end

Delight your tastebuds with unique cuisines at the year-end party with Grand Mercure Danang.

Timeout October 27, 2022 | 12:10

Muong Thanh Group honours 30 years with a Vietnam Tour

Vietnam Tour, starting October 21, 2022, is one of Muong Thanh Group's largest-scale initiatives for its 30th anniversary.

Timeout September 15, 2022 | 10:08

Vietnam Airlines launches online check-in at Dong Hoi airport

National flag carrier Vietnam Airlines has announced that it will launch online check-in service for passengers departing from Dong Hoi airport in the central province of Quang Binh from September 15 to improve their experiences and convenience.

Timeout September 20, 2022 | 10:48

Business tourism shaping up to become core national asset

The MICE [meeting, incentive, convention, and exhibition] segment could gain traction and help lead the wave of tourism recovery in Vietnam, if post-pandemic restrictions are eventually eased.

Hotels & Restaurants November 02, 2022 | 14:21

The Crowne Plaza Vinh Yen City Centre officially debuts

On November 1, Vietnam IHG Hotels & Resorts and Bao Quan Investment & Construction JSC launched Crowne Plaza Vinh Yen City Centre in the nornthern province of Vinh Phuc's Vinh Yen city.

The Insider October 04, 2022 | 11:16

Addressing the popularity of problematic tourist attractions

A fortnight ago, Hanoi’s famous train street made the news again after it was closed down for tourists. Despite the popularity for people to visit and take photographs, authorities have shut the area in the name of safety. Etienne Mahler talked with Julia Heuser, a German exchange student currently living in Hanoi, about her thoughts on the topic.

Lifestyle October 21, 2022 | 11:47

Four Vietnamese dishes named “Best food in the world” by CNN

CNN has recently released a list of the world’s best food, encouraging visitors to try when they have the opportunity to travel in 2022. The following are the Vietnamese selections.

Entertainment November 02, 2022 | 11:00

Taylor Swift makes US song charts history with 'Midnights'

Taylor Swift made music history Monday, becoming the first artist ever to simultaneously nab all 10 spots on the top US song chart after the release of her album "Midnights."

Videos

Roundtable: ‘Building small airports for local economy take-off’

Photos

Photos October 07, 2022 | 14:26

Ninh Van-Where stone sculptures become soulful

Stone masterpieces from artisans in Ninh Van craft village in Hoa Lu district in the northern province of Ninh Binh have found global fame over the past four centuries.

Photos September 06, 2022 | 12:36

Expressway opens up new development space for Red River Delta

Built in just over two years since the completion of site clearance and with investment of nearly 13 trillion VND, the 80-km Van Don - Mong Cai Expressway has been opened in the northern province of Quang Ninh. It is expected to open up a new development space for the northern province of Quang Ninh and the entire Red River Delta.

Photos August 29, 2022 | 09:10

Autumn sparkles at the Ban Gioc Waterfall

Ban Gioc Waterfall in Dam Thuy commune, Trung Khanh district is a ‘pearl’ of Cao Bang province’s tourism. After heavy downpours, in the autumn, the waterfall sparkles in the sunshine and its crystal streams flow down the mountain, a picturesque and astounding scenery.

Photos August 17, 2022 | 17:30

Hanoi greening urban roads

Together with contributing to the implementation of the Government’s target to plant 1 billion trees during the 2021-25 period, Hanoi is stepping up tree planting along urban roads and aims to plant up to 250,000 this year.

Photos August 02, 2022 | 22:25

Market session of mountainous region re-enacted in Hanoi

The Vietnam National Village for Ethnic Culture and Tourism in Dong Mo, Son Tay of Hanoi regularly holds a market session for the mountainous region on weekends, which is a draw to visitors at home and abroad.

World News

World News November 02, 2022 | 09:38

US, UAE announce clean energy partnership worth $100 bn

Funds will also go toward supporting "emerging economies whose clean development is both underfunded and essential to the global climate effort," the statement said.

Highlight November 02, 2022 | 08:00

Asia sails into headwinds of rate hikes, war and China slowdown

Asia’s strong economic rebound early this year is losing momentum.

World News October 30, 2022 | 20:47

Vietnamese Party leader's visit to deepen Vietnam - China friendship: Hong Kong scholar

The ongoing visit by Vietnamse Party General Secretary Nguyen Phu Trong to China further affirms the close relationship between the two Parties, States and peoples, Li Minghan, a scholar from Hong Kong [China] who has spent years studying Vietnam and President Ho Chi Minh, has said.

World News October 27, 2022 | 11:58

ASEAN countries betting on adoption of cloud services

As ASEAN nations are quickening digital transformation to achieve their new missions for the digital age, various agencies and tech titans are building new plans to meet regional growing needs.

World News October 21, 2022 | 11:54

ASEAN, EU sign world’s first bloc-to-bloc air transport agreement

The ASEAN, European Union [EU] and their member states signed the Comprehensive Air Transport Agreement [ASEAN-EU CATA] at the 28th ASEAN Transport Ministers’ Meeting in Bali, Indonesia on October 17.

World News October 17, 2022 | 16:24

Fire disrupts service for South Korea's top messenger app

More than 50 million users of South Korea's biggest mobile messenger app KakaoTalk experienced major service disruptions after a fire at a data centre, prompting a company apology and calls for government-led prevention plans on Sunday.

Does Vietnam welcome FDI?

Global investment shift to benefit Vietnam: conference Annual foreign direct investment [FDI] poured into IPs and EZs is making up 35% - 40% of the total FDI capital inflows. The rate reaches even 70% - 80% in the processing and manufacturing industry, according to the Ministry of Planning and Investment [MPI].

Who are the five largest recipients of FDI?

Characteristic
FDI in billion U.S. dollars
Japan
690.02
Netherlands
629.52
Canada
527.9
United Kingdom
512.43
Countries with highest FDI position in the U.S. 2021 - Statistawww.statista.com › statistics › leading-fdi-countries-usanull

Why is foreign investment in Vietnam booming?

This has come about because of its strategic location, competitive labor and production costs, and political, currency and social stability, have helped it become an attractive investment destination, he added.

How does FDI affect Vietnam?

Additionally, the significant contribution of FDI to economic growth has been realized through GDP growth, international trade, and employment. Furthermore, the number of people living below the poverty line in Vietnam has been significantly reduced since the opening of the country in 1987.

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