Vietnam sees 41 new projects abroad licensed in last four months

Updated: 17:03, 04/05/2023

In the first four months of this year, Vietnam saw 41 new projects abroad licensed with the investment from Vietnam reaching $140 million, a decline of 51% compared with that of the same period last year.

•Deputy PM asks for closer coordination to speed up public investment disbursement

•PPC Chairman Le Anh Duong urges to speed up public investment disbursement, budget revenue

•Supporting aggregate demand through public investment

Investment capital adjustments were made at 11 projects, increasing by $13.5 million in capital.

An employee counts Vietnamese banknotes at a bank in Hanoi.

Vietnam’s foreign investment consisting of both new investments and adjusted ones reached $153.5 million in the first four months of this year, a drop of 53.2% year on year.

Meanwhile, total foreign investment capital registered in Vietnam as of April 20 reached $8.88 billion, marking a year-on-year decrease of 17.9%.

Foreign direct investment capital in Vietnam in the first four months of 2023 was $5.85 billion, down 1.2% over the same period last year.

Vietnam remains favourite investment destination for European firms

Precisely 36% of European firms ranked Vietnam either first, within their top three, or among their top five investment destinations on a global scale, according to the latest Business Climate Index (BCI) report released by the European Chamber of Commerce in Vietnam (EuroCham) and produced by Decision Lab on April 11.

PM urges promotion of production, investment, import-export activities

Prime Minister Pham Minh Chinh has just signed and promulgated Official Dispatch No.238/CD-TTg on promoting production, business, construction investment, and import and export activities in the coming time.

Conference promotes Vietnam's trade, investment cooperation with China's locality

A conference on promoting trade, investment and economic cooperation between Vietnam and China’s Hainan province took place in the local Haikou city on April 10, attended by the sides’ officials and approximately 120 enterprises.

Bac Giang hastens public investment projects, industrial parks

The northern province of Bac Giang aims to speed up the implementation of public investment projects, especially large-scale and key projects in the second quarter of this year, according to the provincial People’s Committee.

Bac Giang to accelerate disbursement of public investment for urgent projects

(BGO)- Disbursement of public investment is defined a key political task in 2023 to boost socio-economic development of Bac Giang province. Thus, the province has directed its localities and investors to highly concentrate on removing obstacles and allocating appropriate budget for rapid disbursement and efficiency.

Source: VnExpress