The Foreign Investment Agency released data on newly registered, adjusted, and capital contributions or share purchases by foreign investors (FDI) after nine months of 2024.
At the Bắc Ninh Provincial Planning Announcement and Investment Promotion Conference, two strategic projects by LOGOS and Sembcorp in Yên Phong II-A Industrial Park officially received their Investment Certificates in the presence of the Prime Minister and Bắc Ninh provincial leaders.
On August 3rd, Taseco Real Estate Investment Corporation, a subsidiary of Taseco Group, held a groundbreaking ceremony for the "Construction and Infrastructure Business of Đồng Văn 3 Support Industrial Park," located east of the Cầu Giẽ - Ninh Bình expressway. The event was attended by Deputy Minister of Construction Nguyễn Tường Văn, Hà Nam's Deputy Secretary Đinh Thị Lụa, Provincial Chairman Trương Quốc Huy, and 500 distinguished guests.
2024年上半年,越南各省市陆续公布了地区生产总值(GRDP)。许多地方增速令人瞩目,有的省份增长率超过14%。2024年上半年,全国国内生产总值(GDP)增速为6.42%。这一成果体现了各级部门、地方和企业界的巨大努力,确保实现增长目标,稳定宏观经济大盘。
阮富仲总书记已经圆满出色地完成了作为一个共产党人、一个国家领导人的历史使命,鞠躬尽瘁,把越南党、国家和人民引领上一条前途光明的发展道路,也为中越关系擘画了美好的未来。
According to the Ministry of Planning and Investment, in the first six months of this year, foreign direct investment (FDI) in Vietnam reached approximately USD 10.84 billion, marking an 8.2% increase compared to the same period last year. This represents the highest FDI inflow in the first half of the year over the past five years.
The global minimum tax is a matter of great concern for both the international investor community and the host countries. As a destination for significant foreign investment, Vietnam is expected to be significantly affected by the implementation of the global minimum tax, especially in terms of investment promotion, incentives, and support for foreign investors. The global minimum tax is expected to come into effect at the beginning of 2024, and Vietnam needs to quickly implement measures to respond and mitigate the adverse impacts of this new mechanism.
Vice Chairman of the Bac Ninh Provincial People's Committee, Mr. Vuong Quoc Tuan, has recently granted the adjusted investment certificate to Amkor Technology Vietnam Co., Ltd., reflecting an increase of USD 1.07 billion in capital. A Memorandum of Understanding (MoU) was also signed between the Bac Ninh Provincial People's Committee and the Korea Land and Housing Corporation (LH).
Foxconn has just been granted a certificate for a new project in Bac Ninh, continuing its expansion in Vietnam.
Samsung Display, renowned for researching and manufacturing LCD and OLED screens with state-of-the-art technology for phones, TVs, and computers, faces continued challenges in the display segment.
Two of LG Electronics' factories in Vietnam reported a total profit of 378.7 billion won (approximately 7,038 billion VND) in 2023, while LG Display Hai Phong earned 159.1 billion won (about 2,957 billion VND). Profits at LG Display and Innotek have seen significant increases. The parent company recently released the financial results for two LG factories in Vietnam.
Chinese tech suppliers are taking the battle for business to Southeast Asia, where Taiwanese and other rivals have long been helping the likes of Google and Apple expand production.