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Vietnam: Foreign Direct Investment Hits 5-Year High in First 6 Months
Vietnam: Foreign Direct Investment Hits 5-Year High in First 6 Months

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.

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GLOBAL MINIMUM TAX AND ITS IMPACT ON VIETNAM
GLOBAL MINIMUM TAX AND ITS IMPACT ON VIETNAM

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.

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Amkor invest $1.07 Billion more to Boost Semiconductor Production
Amkor invest $1.07 Billion more to Boost Semiconductor Production

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).

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Foxconn's New Moves in Vietnam
Foxconn's New Moves in Vietnam

Foxconn has just been granted a certificate for a new project in Bac Ninh, continuing its expansion in Vietnam.

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Vietnam's FDI Reaches $11.07 Billion in First Five Months of 2024
Vietnam's FDI Reaches $11.07 Billion in First Five Months of 2024

Vietnam's foreign direct investment (FDI) surged to $11.07 billion in the first five months of 2024, marking a 2% increase compared to the same period last year, as reported by the Foreign Investment Agency under the Ministry of Planning and Investment (MPI).

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Korea’s Hyosung eyes ATM production, data center in Vietnam
Korea’s Hyosung eyes ATM production, data center in Vietnam

The South Korean conglomerate, already a major investor in Vietnam, plans to further expand its presence in the country with new projects in advanced materials, biofuels and ATMs. The move comes as Vietnam solidifies its position as a manufacturing powerhouse in Southeast Asia.

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Bac Ninh draws nearly $1 billion of FDI in first four months
Bac Ninh draws nearly $1 billion of FDI in first four months

Industrial parks in Bac Ninh province attracted $997.1 million in foreign direct investment (FDI) in the first four months of this year.

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Nam Dinh attracted nearly $USD 130 million FDI in 04 months
Nam Dinh attracted nearly $USD 130 million FDI in 04 months

According to the Department of Planning and Investment of Nam Dinh Province, as of April 20, 2024, the province has issued new investment registration certificates for 11 FDI projects operating in the processing and manufacturing industry, with a total registered capital of 123.2 million USD.

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34 FDI projects in 04 months for Vinh Phuc
34 FDI projects in 04 months for Vinh Phuc

According to the statistics from the Department of Planning and Investment of Vinh Phuc Province, as of April 15, 2024, the province has issued investment registration certificates for 34 FDI projects, with a total registered capital of $363.08 million USD. This represents a significant increase of 39.74% compared to the same period last year and has reached 90.77% of the set plan.

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Hai Phong Attracts Nearly $300 Million in FDI in Four Months
Hai Phong Attracts Nearly $300 Million in FDI in Four Months

As of April 20, 2024, Hai Phong has 951 active projects with a total investment capital of $29.97 billion USD. Within industrial parks and economic zones, there are 547 projects with an investment of $26.3 billion USD, while outside of these areas, there are 404 projects with an investment of $3.67 billion USD.

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Hai Duong's FDI Surges by 38% in the First 4 Months of the Year
Hai Duong's FDI Surges by 38% in the First 4 Months of the Year

Despite a Decrease in FDI Attraction, Hai Duong Sees a 38% Surge in Total Implemented Capital in the First 4 Months of 2024.

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Hanoi attracted nearly $1.2 billion in FDI capital in 04 months
Hanoi attracted nearly $1.2 billion in FDI capital in 04 months

According to the Hanoi Statistics Office, in April 2024, the city had 20 new foreign direct investment (FDI) projects licensed with a total registered capital of $103,9 million. Additionally, there were 14 projects with increased investment capital totaling $57.4 million, and 27 instances of foreign investors contributing capital or purchasing shares, amounting to $15.5 million.

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FDI disbursement hits record high in the past 05 years
FDI disbursement hits record high in the past 05 years

Foreign direct investment (FDI) realized in Vietnam in the first four months of 2024 is estimated at $6.28 billion, marking a 7.4% increase compared to the same period last year. This represents the highest FDI realization in the first four months of the year in the past five years.

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IMF: Nearly 40% of global FDI is
IMF: Nearly 40% of global FDI is

According to a recent study by the International Monetary Fund and the University of Copenhagen, approximately 40% of global foreign direct investment is what's known as "phantom capital." This amounts to roughly $15 trillion, equivalent to the combined annual gross domestic product of China and Germany. Over the past decade, phantom investment has grown from 30% to 40%, outpacing the growth rate of global GDP.

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Largest delegation of American businesses visits and works in Vietnam. Here is the list!
Largest delegation of American businesses visits and works in Vietnam. Here is the list!

From March 18th to 21st, the US-ASEAN Business Council (USABC) led the largest delegation of businesses to Hanoi since the upgrade of the comprehensive strategic partnership between the two countries.

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Danang lures 104 new FDI projects in 2023
Danang lures 104 new FDI projects in 2023

According to the city's Statistical Office, Da Nang, located in central Vietnam, granted licenses to 104 new foreign investment projects with a total registered capital of $151.2 million in 2023.

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Over 1 billion USD FDI Investment into Da Nang
Over 1 billion USD FDI Investment into Da Nang

According to the Da Nang Investment Promotion Agency, there are currently 230 foreign direct investment (FDI) projects from Japan in Da Nang, with a total investment capital of over 1 billion USD, accounting for 25% of the total FDI investment capital in Da Nang. Japanese enterprises have made significant contributions to the economic development and employment creation for thousands of local workers in the area.

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Vietnam's FDI Peaks to a 5-Year High in 2023
Vietnam's FDI Peaks to a 5-Year High in 2023

Foreign Direct Investment (FDI) realized in Vietnam in 2023 is estimated at USD 23.18 billion, a 3.5% increase from the previous year, marking the highest FDI realization in the past 5 years.

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Vietnam after 35 years of FDI | What are the keys?
Vietnam after 35 years of FDI | What are the keys?

Billions of U.S. dollars of foreign investment have fueled Vietnam’s economic growth over the years, but this has also left its economy dependent on outside forces.

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Thai Binh in 11 months of 2023 | FDI | Export & Import
Thai Binh in 11 months of 2023 | FDI | Export & Import

In the first 11 months of 2023, the Index of Industrial Production (IIP) is estimated to increase by 10.5% compared to the same period last year: the manufacturing and processing industry increased by 0.6%; the mining sector decreased by 16.8%; the electricity production and distribution sector increased by 76.8%; and the water supply, management of waste, and wastewater treatment activities increased by 3.4%.

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Vinh Phuc Welcomes Lioho Machine Works' USD 75 Million Venture
Vinh Phuc Welcomes Lioho Machine Works' USD 75 Million Venture

On the morning of December 2nd, Comrade Le Duy Thanh, Provincial Standing Committee Member, Vice Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee, attended the groundbreaking ceremony of the new factory of Lioho Machine Works Vietnam Co., Ltd. at Thang Long Industrial Park, Binh Xuyen District. Also present at the ceremony were leaders from several departments and sectors.

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Hai Phong Province in 11 months of 2023 | FDI & Industrial Report
Hai Phong Province in 11 months of 2023 | FDI & Industrial Report

As of November 20, 2023, Hai Phong has 913 active foreign-invested projects with a total registered capital of USD 29.42 billion (all-time number).

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BAC GIANG PROVINCE IN 11 MONTHS OF 2023
BAC GIANG PROVINCE IN 11 MONTHS OF 2023

With strong infrastructure development in industrial zones and clusters, and an improved investment and business environment, Bac Giang continues to be the top choice for domestic and international investors.

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Another Chinese Automaker to enter the Vietnam's market, Mass Production by End-2025
Another Chinese Automaker to enter the Vietnam's market, Mass Production by End-2025

Chery Automobile, a leading Chinese automaker, is set to commence large-scale production in Vietnam's Thai Binh province by the close of 2025. They are aiming to manufacture vehicles under its Omoda and Jaecoo brands.

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Vietnam's FDI attraction in the first seven months of 2023
Vietnam's FDI attraction in the first seven months of 2023

As of July 20, total newly-registered capital, additional capital, and capital contributions and share purchase by foreign investors stood at nearly 16.24 billion USD, up 4.5% compared to the same period of 2022 and 8.8% compared to the first half of the year.

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5 Provinces Hosting the Highest Number of Industrial Parks in Vietnam
5 Provinces Hosting the Highest Number of Industrial Parks in Vietnam

According to the latest data from the Ministry of Planning and Investment, there are currently around 563 industrial parks nationwide, as outlined in the planning of 61 out of 63 provinces and municipalities. Among these, 397 industrial parks have been established, with 292 already operational, covering a total natural land area of over 87,100 hectares, of which approximately 58,700 hectares are designated as industrial land. Additionally, 106 industrial parks are currently under construction, spanning a total natural land area of about 35,700 hectares, with an industrial land area of around 23,800 hectares. The current top five with the highest number of operational industrial parks are:

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From 1988 to 2022: Vietnam's Annual FDI Inflows Revealed
From 1988 to 2022: Vietnam's Annual FDI Inflows Revealed

The foreign investment sector has made significant contributions to Vietnam's economy and society. During difficult economic periods in Vietnam, FDI inflow has been one of the important drivers of growth for the economy.

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List of countries which invested more than $10 billion in Vietnam!
List of countries which invested more than $10 billion in Vietnam!

Until the end of March, 2023, Vietnam attracted in total a whopping of over $444 billion with nearly 36,900 projects. Let's have a look at the Investors which invested AT LEAST 10 billion USD from the start to the time point under consideration!

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Vietnam's Q1 2023 FDI Sees a Downturn: Will the Trend Continue?
Vietnam's Q1 2023 FDI Sees a Downturn: Will the Trend Continue?

Vietnam's Q1 2023 FDI inflow saw a significant downturn, dropping by 40% compared to the same period last year, due to the impact of the global economic slowdown. The country's efforts to control the COVID-19 pandemic and maintain business activities have not been enough to counteract the after-effects of the pandemic and the political war on the global economy. Will this trend continue throughout the year?

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Thailand's Investment Giants in Vietnam: The Top 5 Players You Can't Miss!
Thailand's Investment Giants in Vietnam: The Top 5 Players You Can't Miss!

Curious about Thailand's investment dominance in Vietnam? Discover the top 5 Thai companies making waves in Vietnam's business landscape and their impressive investment success stories. From manufacturing to real estate, these giants are reshaping the business landscape in Vietnam.

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Follow the Money: Which Sectors Are Foreign Investors Pumping Billions Into in Vietnam?
Follow the Money: Which Sectors Are Foreign Investors Pumping Billions Into in Vietnam?

Vietnam has become one of the hottest investment destinations in Southeast Asia, attracting billions of dollars in foreign investment every year. But where exactly is all this money going? In this article, we'll take a closer look at the sectors that are receiving the lion's share of foreign direct investment (FDI) in Vietnam. Whether you're an investor looking for new opportunities or simply curious about Vietnam's economic landscape, this article is a must-read!

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Vietnam's FDI Powerhouses: Top 5 Provinces with All-Time Highest Foreign Investment Inflows!
Vietnam's FDI Powerhouses: Top 5 Provinces with All-Time Highest Foreign Investment Inflows!

As the global economy continues to shift and evolve, foreign investors are always on the lookout for new opportunities to grow their portfolios. In this post, we'll explore the top 5 Vietnamese provinces that have attracted the most foreign investment. A range of key metrics are covered, including the total value of investments, the number of projects and some notable individual projects that are driving growth in each region.

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How many and which FDI companies are already in Hung Yen Province's Industrial Parks? Here is the full list!
How many and which FDI companies are already in Hung Yen Province's Industrial Parks? Here is the full list!

Looking for information on foreign direct investment (FDI) companies in Hung Yen Province's industrial parks? Look no further than a comprehensive list of all FDI companies operating in the area. From multinational corporations to smaller businesses, the list provides a complete overview of the companies investing in the province. Whether you're a business owner or an investor looking to break into the market, this list is an essential resource for anyone interested in the economic landscape of the province in Vietnam.

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Who's investing big in Hung Yen Province? The top 5 FDI investors you need to know
Who's investing big in Hung Yen Province? The top 5 FDI investors you need to know

Hung Yen Province in Vietnam has become a prime destination for foreign direct investment (FDI), attracting big investors from all over the world. In this post, we take a closer look at the top 5 FDI investors in the province. From Japan to Hong Kong, these investors are transforming Hung Yen into a hub for manufacturing, technology, and innovation.

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From China to Vietnam: BOE Technology Group announces massive investment plan
From China to Vietnam: BOE Technology Group announces massive investment plan

According to a report from Reuters, BOE Technology Group Co., Ltd., a major Chinese display manufacturer that supplies companies such as Apple and Samsung, is planning to construct two factories in Vietnam. This move represents a significant investment in Vietnam's burgeoning tech industry, and is expected to provide new opportunities for local businesses and talent. With this development, BOE Technology Group is expanding its global presence and positioning itself for long-term growth in the region. Let's find out more about the news in the post below.

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2022's Biggest FDI Industrial Projects
2022's Biggest FDI Industrial Projects

Vietnam saw more than $27.72 billion in foreign direct investments pumped into different sectors across provinces in 2022. Let's have a look at some of the outstanding industrial projects of the year.

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Top 5 All-Time FDI Investors in Vietnam: Who Has Invested the Most?
Top 5 All-Time FDI Investors in Vietnam: Who Has Invested the Most?

Vietnam has emerged as a major destination for foreign investment in recent years, with investors from around the world flocking to the country to take advantage of its growing economy and favorable business climate. In this article, we'll explore the top 5 all-time foreign direct investment (FDI) investors in Vietnam, looking at which countries have invested the most in term of investment value, number of projects, etc.

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From Zero to Hero: The First-Ever FDI Project in Vietnam!
From Zero to Hero: The First-Ever FDI Project in Vietnam!

Vietnam's first-ever foreign direct investment (FDI) project marked a turning point in the country's history, paving the way for its transformation into a major player in the regional economy. In this article, I delve into the story of this groundbreaking project, from its humble beginnings to its lasting impact on Vietnam's economic development. Join me on a journey to discover the origins of FDI in Vietnam and the key moments that made it a success.

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Big investors show interest in Vietnam's semiconductor potential
Big investors show interest in Vietnam's semiconductor potential

Global semiconductor makers are betting on Vietnam as their next production destination with the country being considered ready for a move up in the value chain.

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34 YEARS OF FDI FOR VIETNAM
34 YEARS OF FDI FOR VIETNAM

2022 marks the 34th anniversary of Vietnam officially opening its doors to the first wave of direct foreign investment and becoming a bright spot for attracting FDI investors from around the world.

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Lotte invests nearly 5 billion USD in Vietnam
Lotte invests nearly 5 billion USD in Vietnam

On the morning of August 31, at the Presidential Palace, President Nguyen Xuan Phuc received Lotte Group Chairman, Mr. Shin Dong-bin, who is on a working visit to Vietnam.

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Google is about to move production from China to Vietnam
Google is about to move production from China to Vietnam

In a recent report from The New York Times, Google plans to move assembly of its Pixel 7 phones from Foxconn’s facilities in southern China to Vietnam.

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Foreign giants committed to long-term investment in Vietnam
Foreign giants committed to long-term investment in Vietnam

Many multinational conglomerates such as Panasonic, Boeing, and Bosch have been committed to expanding their investment and maintaining long-term business in Vietnam, while also recommending solutions to better the investment environment in the country, a conference heard.

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HuaLi Industrial Group Signs Lease Agreement with WHA Corp to Expand its New Manufacturing Plant
HuaLi Industrial Group Signs Lease Agreement with WHA Corp to Expand its New Manufacturing Plant

On 27 July 2022, Huali Industrial Group finalized a land sublease agreement with WHA to open a manufacturing facility in Nghe An.

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