Vietnam had granted investment licences to 166 new projects as of January 20, with a total registered capital of 442.6 million USD, down 5.1 percent in project number and 64.4 percent in capital against those of the same period last year.
Hanoi (VNA) – Vietnam had granted investmentlicences to 166 new projects as of January 20, with a total registered capitalof 442.6 million USD, down 5.1 percent in project number and 64.4 percent incapital against those of the same period last year.
According to the General Statistics Office (GSO), 61 projectssaw capital adjustment with additional investments of 456.8 million USD, ayear-on-year rise of 155 percent.
Disbursements are estimated at 1.05 billion USD, up over 10percent year-on-year.
In the month, there were 415 deals made by foreign investorsto contribute capital to businesses and to buy shares of Vietnamese businesseswith total capital of 356 million USD, a year-on-year rise of 54 percent.
The GSO indicated that foreign direct investment (FDI)poured into new projects mainly concentrated on manufacturing-processing, witha registered capital of 330 million USD, accounting for 74 percent of thetotal.
Total newly-registered and additional investments in thesector reached 746 million USD in the month.
Among 24 cities and provinces receiving FDI in the firstmonth of 2018, Ho Chi Minh City was on the top with 86.2 million USD, followedby Nam Dinh (80.2 million USD), Ninh Thuan (60 million USD), and Binh Duong(36.7 million USD).
Among 23 nations and territories investing in Vietnam inJanuary, Singapore was the biggest investor with 147.7 million USD, followed bythe Republic of Korea (70.4 million USD), Norway (70.1 million USD), and BritishVirgin Islands (51.4 million USD).-VNA
Measures to help the northern port city of Hai Phong to attract foreign direct investment (FDI) in 2018 were discussed during a recent meeting of the municipal People’s Council .
The southern province of Binh Duong has set a target of attracting 1.4 billion USD in foreign direct investment (FDI) in 2018, according to Tran Thanh Liem, Chairman of the provincial People’s Committee.
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.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.