Tìm kiếm: investment

Vietnam was named among the world's top 20 host economies for foreign direct investment (FDI) for the first time in 2020 with an inflow of US$ 16 billion.

Members of the National Assembly (NA) Standing Committee gave their opinions on the drafts of the socio-economic development plan, national financial plan, plan on borrowing and repayment of public debts and mid-term public investment plan for the 2021-2025 period during their sitting on July 13.

The disbursement of public investment capital in Ninh Binh province reached 1.42 trillion VND (61.7 million USD) in the first six months of 2021, equivalent to 45.16 percent of the yearly plan and higher than the average figure of the whole country.

The disbursement rate of public investment capital in 2021 is expected to reach between 95-100 percent of the plan assigned by the Prime Minister, according to the Ministry of Planning and Investment.

To deal with difficulties caused by the COVID-19 pandemic, Ninh Binh province has renewed its ways of investment promotion in an attempt to effectively exploit the competitive advantages, provide more opportunities for investors pouring investment in the province and create favourable conditions for local enterprises to maintain and expand its production and business activities.

The disbursed amount of public investment funded by official development assistance (ODA) in localities in the first five months of this year stood at only over VND1.1 trillion (US$47.9 million), equivalent to just 1.73% of the year's target, according to the Ministry of Finance (MoF).

Having defined industry as a spearhead econmic sector, Ninh Binh has paid due attention to developingsome industries that have made big contributions to exports like electronics, footwear, garment, and automobile assembly. However, in the recent past, these industries are suffering great impacts from the COVID-19 pandemic, which cause disruption of global supply chains. Therefore, Ninh Binh is consistent with its goal of drawing FDI into supporting industries in a bid to raise industrial production value and contribute to the province's growth.

Vietnam has emerged as an investment destination for 140 countries and territories globally, attracting 33,000 foreign direct investment (FDI) projects with total registered capital of US$394 billion.

Disbursement of public investment in April was estimated at VND30.4 trillion (over US$1.3 billion), a sharp increase of 23.9% over the same period last year and equivalent to 6.6% of the yearly target, according to the General Statistics Office (GSO).

Vietnam posted a trade surplus of nearly US$1.9 billion in the first four months of the year, according to the Ministry of Planning and Investment's Foreign Investment Agency.

Having been aware of the role of science and high technology in agricultural production, Ninh Binh province has recent years carried out numerous measures to encourage and provide favorable conditions for individuals, enterprises and organisations to make investment into hi-tech agriculture projects, thus bring high economic value and more income for farmers.

In recent years, Ninh Binh has paid due attention to attracting investment into the province in general and its industrial zones (IZs) in particular. The local IZs have also seen better indicators in terms of occupancy rate, quality of projects, and feasibility and efficiency of projects as compared to other IZs in the nation and in the region.

Almost VND40.9 trillion (US$1.77 billion) of public investment was disbursed in the first two months of 2021, equivalent to 9% of the year's plan - the highest level compared to the same period of the last five years.

Vietnam attracted about 5.46 billion USD worth of foreign direct investment (FDI) as of February 20, equivalent to 84.4 percent of the figure recorded in the same time last year, the Vietnam News Agency quoted the information of the Ministry of Planning and Investment.

The Government has issued Resolution No. 20/NQ-CP approving the fourth Protocol to amend the ASEAN Comprehensive Investment Agreement (ACIA).

In the context of the shifting global supply chains after the COVID-19 pandemic, the northern province of Ninh Binh has actively taken synchronous and appropriate solutions in order to welcome a new wave of investment into industrial zones (IZs).

Vietnam attracted more than US$2billion in FDI in January, 37.8 percent higher than in the same period in 2020, as announced by the Ministry of Planning and Investment, on January 28.

Having defined tourism as a spearhead economic sector, Ninh Binh province has taken numerous measures to attract more investment to develop tourism infrastructure, services and tourism products.

On January 13, Hong Kong business delegation led by Sam Rehani, President of Magnum Asia Limited paid a working visit to Ninh Binh province in a bid to seek tourism investment opportunities.

In a bid to create a favorable climate for enterprises amid the COVID-19 pandemic and momentum to draw more investment from both at home and abroad, Ninh Binh's sectors, departments and localities have actively taken measures to improve the business environment and the Provincial Competitiveness Index (PCI).

The total amount of development investment in northern Ninh Binh province exceeded 22.77 trillion VND (982 million USD) in eleven months of 2020, up 5.4 percent year-on-year, according to the provincial Department of Statistics.

The index of industrial production (IIP) in November rose 0.5% against the previous month and 9.2% compared with the same month in 2019, according to the Ministry of Planning and Investment.

The disbursement of public investment, including ODA and preferential loans, is considered one of the key tasks of the Vietnamese Government to promote economic development and successfully complete socio-economic development targets in 2020. However, the disbursement progress of ODA and preferential loans in Ninh Binh province still lagged behind schedule.

Ten out of 12 ministries and agencies have committed to completing the disbursement of foreign loans this year after adjusting down their capital plans, the Ministry of Finance has reported.

Vietnam attracted foreign direct investment (FDI) of US$19.54 billion in the first eight months of 2020, down 13.7% from the same period of 2019, according to the Ministry of Planning and Investment (MPI).