The southern province of Dong Nai has attracted over 7.64 trillion VND (343.8 million USD) from domestic investors so far this year, a 42 percent rise over the same period last year,
Dong Nai (VNA) – The southern province of Dong Nai has attracted over 7.64 trillion VND (343.8 million USD) from domestic investors so far this year, a 42 percent rise over the same period last year, reported the provincial Department of P𓆏lanning and Investm⭕ent.
Of the total, 7.3 trillion VND was poured into 20 new projects, mostly in real estate and water supply, while 330 billion VND was injected into three underway projects.
So far, the province, which is located in the southern key economic region and is home to 36 industrial parks covering an area of over 12,057 hectares, has licenced 660 domestic-invested projects with a total investment of 183 trillion VND (8.3 billion USD).
Cao Tien Dung, head of the department, attributed the success to the locality’s favourable location and convenient transportation, together with attractive and transparent investment attraction policies.
The province has also sped up administrative reform, shortening document processing duration, he said, adding that it has organised regular meetings with businesses to tackle obstacles they are facing.
Meanwhile, from early this year, the province has also withdrawn licences from 4 domestic projects worth about 1.7 trillion VND (77.2 million USD) for sluggish implementation.-VNA
The southern province of Dong Nai attracted 1.01 billion USD in foreign direct investment (FDI) in nearly half of 2016, surpassing its 1 billion USD target set for the whole year.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Illustrative image (Source: VNA)
