RoK becomes largest investor in VN
The Republic of Korea has become Viet Nam's largest foreign investor, with 702 new projects and 260 adjusted ones, accounting for 29.6% of total foreign direct investment (FDI).
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The Republic of Korea has become Viet Nam's largest foreign investor, with 702 new projects and 260 adjusted ones, accounting for 29.6% of total foreign direct investment (FDI).
The Prime Minister has set specific socio-economic targets for 2017 for five ministries, with the Ministry of Planning and Investment tasked with striving for 6.7% GDP growth and 4% inflation.
Vietnam's investment in Laos has grown rapidly in recent years.
In the first 11 months, foreign direct investment (FDI) registered at US$18.103 billion, representing a year-on-year soar of 89.5 per cent, according to the Foreign Investment Agency (FIA).
Vietnam recorded a trade surplus of over 3.3 billion USD from January to October with foreign direct investment (FDI) companies continuing to outpace domestic firms in export revenue, according to the General Department of Vietnam Customs.
With 89.88 percent of votes, the National Assembly on November 10 approved a resolution on a medium-term public investment plan for the 2016-2020 period, which stipulates a maximum of two quadrillion VND (equivalent to 89.56 billion USD) of five-year spending.
As usual, foreign investors want to cash in on Vietnam's low-cost manufacturing.
Japan's Marubeni Corporation is seeking investment opportunities in coal exports, gas production, renewable energy usage and waste water treatment in Vietnam.
Domestic electronics manufacturing can play a bigger role in the industrial development of the nation and help grow the country's exports - thereby creating more real jobs, says the Ministry of Planning and Investment (MoPI).
Vietnam attracted 1,408 foreign direct investment projects with the total registered capital of US$8.7 billion from early 2016 to July 20, an on-year increase of 32 percent in the number of projects and 25.5 percent in capital.
Vice Chairman of the Ninh Binh People's Committee Dinh Chung Phung had aworking session in Ninh Binh city on March 10 with aJapanese delegation of JICA and Nippon Koei on investment opportunities in agriculture, green urban and eco-tourism.
Chairman of the Ninh Binh People's Committee Dinh Van Dien had a working session on March 9 with a Taiwanese business delegation led by Chang Minh Yong, counsellor of the Taiwanese Department of Investment Services in Vietnam.
The project management board of the Ho Chi Minh Road has asked the transport ministry for approval to invest more than VND1,178 billion (US$52.6 million) to upgrade the National Highway 12B in Ninh Binh province.
Viet Nam attracted US$22.8 billion in FDI in 2015 and disbursed US$14.5 billion in the capital, witnessing respective year-on-year increases of 2.5 percent and 17.4 percent, according to the Foreign Investment Agency, under the Ministry of Planning and Investment.
A delegation from the Republic of Korea Trade-Investment Promotion Agency (Kotra), led by Mr Lee Kyu Seon, made a working visit to northern province of Ninh Binh on January 13 to study investment opportunities.
The ASEAN Economic Community (AEC) officially became operational on January 1, 2016, creating good opportunities for Vietnam to attract foreign direct investment (FDI), especially from ASEAN countries.
Over years, Ninh Binh has worked to improve administrative procedures, implement numerous measures to improve the business climate and elevate its PCI index in response to Government Resolution No 19/NQ-CP
Disbursement of foreign direct investment (FDI) in Vietnam reached an estimated 13.2 billion USD from the beginning of 2015 until November 20, up 17.9 percent against 2014.
Officials from the Overseas Vietnamese investment promotion bureau paid a working visit to the northern province of Ninh Binh to survey investment climate on November 6.
A delegation of Indian investors visited Ninh Binh province on October 13 to seek investment opportunities in the textile industry.
The Ninh Binh Industrial Zone Management Board has granted licences to13 new projects with a combined investment capital of VND531 billion (US$23.9million) in the past nine months of this year.
Around 7,042 new enterprises were established in September alone with a total registered capital of VND44.5 trillion (US$1.96 billion), reported the Ministry of Planning and Investment.
Ninh Binh province has so far licensed 542 projects with a total registered capital of 105 trillion VND (4.6 billion USD), said Nguyen Cao Son, Vice Director of the Department of Planning and Investment.
Vietnam's economic growth in 2015 is forecast to reach 6.4 percent, according to the Ministry of Planning and Investment.
A business delegation from Japan's Yamada Business Company visited the northern province of Ninh Binh on September 4 to seek investment opportunities in tourism, restaurant and hotel serivices.