Vietnamese enterprises invested over 25 million USD in 17 new projects aboard in the first two months of 2024, equal to 21.7% of the capital registered in the same period last year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
There were 11 nations and territories receiving Vietnamese investments, with the US ranking first (26.6%), followed by New Zealand (23.5%), and Germany (21.5%).
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Vietnamese company introducing products at a trade event.
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The capital focuses on eight industries, mainly wholesale and retail (39.4%), real estate business (21.5%), and construction (20%).
In the period, Vietnamese investors did not make adjustments for their existing projects.
As of February 20, Vietnam had had 1,716 valid investment projects abroad, with a combined capital of over 22.1 billion USD, mainly in mining, agriculture, forestry and fisheries. Laos ranks first among the countries and territories receiving Vietnamese investments, accounting for 24.8% of the total, followed by Cambodia (13.2%), and Venezuela (8.3%).
Bac Giang attracts investment capital of over 176.7 million USD
BAC GIANG - According to the Provincial Industrial
Park Management Board (IPMB), in January, the industrial parks in Bac Giang
province attracted 176.78 million USD in investment capital. Particularly, the
IPMB received 34 applications requesting to issue and adjust the investment
registration certificates, 26 of which were resolved.
Chipmakers among 15 US firms eyeing $8B Vietnam investment
Fifteen U.S. companies, including semiconductors firms, have expressed interest in investing $8 billion in Vietnam in clean energy infrastructure, contingent on the country's progress on renewable energy rules, a senior U.S. official said.
Luc Nam promotes administrative reform and investment attraction
BAC GIANG - To well
exploit the local potential and advantages in socio-economic development, the Party
Committees and authorities at Luc Nam district (Bac Giang province) always
actively directs and deploys many measures to attract investors to implement
local projects, creating a new look in the countryside of "Luc River,
Huyen Mountain".
Source: VNA
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