Vietnam has helped foreign investors remove difficulties during the implementation of projects, Fujimoto cited by Cong Thuong (Industry&Trade) newspaper as saying.

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In the first nine months of this year, Japan poured US$3.3 billion into Vietnam, accounting for 14.7% of the total FDI registered in the Southeast Asian nation.

Notably, apart from 131 projects, Japanese firms adjusted capital for 91 projects and contributed capital and purchased shares of 155 projects in Vietnam.

A number of projects that have investment capital worth billions of US dollars include the US$1.31 billion O Mon II Thermal Power Plant project in the Mekong Delta city of Can Tho, and the US$611.4 million Kraft Vina Paper Factory project in the northern province of Vinh Phuc.

Fujimoto recommended that Vietnam continue to improve its business climate, develop infrastructure, and offer more incentives to further facilitate business and production activities of foreign investors.

The Governments of Vietnam and Japan have recently launched the Vietnam-Japan Joint Initiative, Phase VIII, with a primary focus on improving the investment climate and speeding up infrastructure investment in the form of public-private partnership (PPP). Phase VIII will also help reform State-owned enterprises (SOEs), accelerate the supporting industries, and resolve land-related issues.

In addition, Phase VIII will address a number of macro-economic issues, along with feasible policy recommendations aimed at improving the local investment environment, attracting more Japanese investments in Vietnam.

Bac Giang grants investment certificate to 20 projects at industrial parks in ten months

(BGO) – In October 2021, the Industrial Park Management Board (IPMB) in Bac Giang province adjusted Investment Registration Certificate to 12 project with total added capital of 3.26 million USD.

Vietnam is an investment destination in post-pandemic period: Bangkok Post

Investment during the pandemic has proved challenging for investors across the globe. However, hopes for this top-performing Asian economy are growing as the Vietnam market has outperformed other international peers thanks to its GDP growth amid Covid-19 last year, according to the Bangkok Post.

Yen Dung attracts six investment projects

(BGO) – Amid the impact of Covid-19 pandemic, Yen Dung district (Bac Giang province) has gained positive result in investment attraction with six new investment projects for the first nine months of this year totally worth nearly 2.7 trillion VND (119.3 million USD) and nearly 5.3 million USD.

Bac Giang continues speeding up schedule of public investment projects

(BGO) – The Chairman of Bac Giang provincial People’s Committee (PPC) has issued document urging to further speed up the schedule of public investment projects.  

Vietnam remains magnet for EU investment despite Covid

EU investments in Vietnam rose by US$483 million year-on-year in the first nine months of this year to $22 billion despite the Covid-19 pandemic.

Source: NDO/VNA