Hai Phong attracts over 305 million USD in foreign investment in two months
The northern port city of Hai Phong raked in 305.66 million USD worth of foreign capital in the first two months of 2022, given the complex developments of COVID-19.
Hai Phong (VNA) – The northern port city of HaiPhong raked in 305.66 million USD worth of foreign capital in the first twomonths of 2022, given the complex developments of COVID-19.
The sum was equivalent to 38.25 percent of the figure forthe same period last year and fulfilled 12.22 percent of the target set forthis year.
The outcome was attributable to the drastic direction of themunicipal authorities and significant efforts of localities and sectorsinvolved, particularly the Hai Phong Economic Zone Authority (HEZA).
Notably, the HEZA has recently granted investmentregistration certificates for two housing projects that can accommodate about14,000 workers of the Pegatron Vietnam Co., Ltd and Universal ScientificIndustrial Vietnam Co., Ltd. at the Dinh Vu – Cat Hai economic zone.
Last year, the city’s foreign direct investment attraction surged91.44 percent year on year to 3.13 billion USD./.
National Assembly Chairman Vuong Dinh Hue on February 9 attended the groundbreaking ceremony of a PBAT biodegradable resin factory project by An Phat Holdings JSC in the northern port city of Hai Phong.
Chairman of the National Assembly (NA) Vuong Dinh Hue had a working session with the Standing Board of the Hai Phong Party Committee while visiting this northern port city on February 9.
Honda Logicom Vietnam Company Ltd, a subsidiary of Honda Logicom Company Ltd (Aichi, Japan) will start building a new general logistics warehouse as well as bonded warehouse in June 2022 in DEEP C Industrial Zones in the northern port city of Hai Phong.
KM Cargo Services (KMCS), a new logistics centre covering an area of 2 hectares, has been established at Dinh Vu Industrial Park in Hai An District, the northern port city of Hai Phong.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
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.
A corner of Hai Phong (Source: VNA) 
