Foxconn Technology Group, a Chinese Taiwan manufacturer, recently paid a field trip to Thanh Hoa province to find a location to build an industrial park of about 150ha for its manufacturing factories, with a total investment of US$1.3 billion.

Vietnam continues to be an attractive destination for foreign investors despite the Covid-19 pandemic.

AVG Capital Partners based in Russia also signed a memorandum of understanding with the People’s Committee of Thanh Hoa province to build a pork processing complex with investment of up to US$1.4 billion.

Binh Duong province has also granted investment certificates to five FDI projects with total investment of nearly US$1 billion.

According to the Hanoi Statistics Office, Hanoi received over US$519 million worth of FDI capital in the first five months of this year, including the newly registered capital of 139 newly licensed projects and the supplemented capital of 63 existing projects.

In the first five months of this year, Long An province also received large amounts of investment from foreign investors including the LNG Long An I and II power plant projects with total investment of over US$3.1 billion and the O Mon II thermal power plant with registered capital of over US$1.31 billion.

In the five-month period, Vietnam also attracted nearly US$14 billion worth of FDI capital, up 0.8% over the same period last year while FDI disbursement reached US$7.15 billion, up 6.7% over the same period last year.

As many as 70 countries and territories have invested in Vietnam in the first five months of this year which is good news, particularly amid the difficulties caused by the Covid-19 pandemic.

Investment attraction to Bac Giang increases 17.7 percent in 5 months

(BGO) – In May 2021, Bac Giang province attracted 27.5 million USD of investment, down 88 percent comparing to the figure at the same period last year. In accumulation, the province has drawn more than 735 million USD for the first 5 months, making up 17.7 percent year on year increase. 

Australia increases investment in innovation in Vietnam

The Australian Government has once again reinforced their commitment to cooperation with Vietnam in knowledge and innovation with an additional budget of AUD3.5 million (US$2.7 million) provided to the Aus4Innovation programme.

Disbursement of public investment in April sees highest rise in five years

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).

Van Trung industrial parks lure two more investment projects

(BGO) – Since early April, two more projects have been invested in the industrial park in Bac Giang province. 

Vietnam, Singapore beef up investment links in industry

A forum to promote investment in industries in Vietnam was held online on April 15 within the framework of the Vietnam International Trade Fair (Vietnam Expo 2021) in Singapore.

Source: NDO