Meanwhile, the law also stipulates specific sectors and targets entitled to investment incentives, mainly those in fields of hi-tech, innovative startups, R&D, production of new materials, new and clean energies, IT products, digital content, among others. … [Read more...] about What’s new in Vietnam’s amended Investment Law?
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Germany was the largest overseas investment destination for Vietnamese enterprises in the first six months of this year with a total of four projects with registered capital of $92.6 million, accounting for 41.6 percent of total overseas investment capital, followed by Myanmar, Laos, the U.S. and Singapore. … [Read more...] about Vietnam’s oversea investments see H1 surge
Ten new overseas investment projects were licensed in June. The total of new and additional overseas investment capital for the month reached $42 million, 2.5 times higher than the same month last year, according to the Ministry of Planning and Investment's Foreign Investment Agency (FIA). … [Read more...] about Vietnam’s overseas investments see H1 surge
The MPI said that disbursement of domestic capital was estimated at VND142 trillion (US$6.1 billion), while foreign capital disbursement is at VND5.7 trillion (US$250,000). Disbursed capital from national target programmes reached VND7.5 trillion (US$324,000). Four ministries and six provincial governments reported disbursement rates of over 50% while ten ministries have spent less than 5% of the capital allocated to them. … [Read more...] about Vietnam’s public investment estimated at VND156 trillion in first half
Hanoi (VNA) – Vietnam has proved that it is an attractive and safe destination for investors, as reflected through positive signs in foreign direct investment (FDI) in the country in the first five months of this year, according to an official from the Ministry of Planning and Investment (MPI). During the period, newly-registered FDI capital was up 15 percent while additional capital increased 32 percent despite the impact of the COVID-19 pandemic worldwide, Do Nhat Hoang, head of the MPI’s Foreign Investment Agency told the Vietnam News Agency (VNA). He attributed the increases to efforts made by businesses, drastic actions taken by the government to improve the domestic investment environment as well as the timely support of the government, ministries, agencies and localities to enterprises over the past time. Hoang also highlighted Vietnam’s success in containing the COVID-19 pandemic, which, he said, has contributed to affirming Vietnam’s … [Read more...] about Vietnam – attractive, safe investment destination: official