Higher-quality FDI flows expected to pour into Vietnam
It is forecast that higher-quality FDI will pour into Vietnam in the near future, mostly in clean energy, hi-tech agriculture and mechanical engineering.
Hanoi (VNA)🔴 – It is forecast that higher-quality FDI will pour intoVietnam in the near future, mostly in clean energy, hi-tech agriculture andmechanical engineering.
Asmany as 15.4 billion USD in FDI was disbursed in the first ninemonths of 2022, up 16.2% year on year and 5.7 percentage points from the figure in the pasteight months. Asof September 20, the total new, adjusted and contribution of capital for sharepurchases by foreign investors topped 18.7 billion USD, down 15.3% from the sameperiod last year, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. In the nine months of this year, there were 1,355 new licensed projects with a totalcapital of 7.12 billion USD, up 11.8% in volume but down 43% in value. FIA attributed the decrease in capital to limited travelling during COVID-19 pandemic at thebeginning of this year, making it difficult for foreign investors from flying to Vietnamto seek opportunities. The geo-political conflict in Europe, mounting inflationpressures, and disruption in global supply chains have also badly affected majoreconomies’ outbound capital flows, especially Vietnam’s investment partners. Meanwhile,adjusted capital and contribution of capital for share purchase recordedincreases. Up to 769 projects were permitted to adjust capital worth 8.3 billion USD in total, marking a13.4% rise in volume and 29.9% increase in value. Foreign investors made 2,697 capitalcontributions to buy shares with 3.28 billion USD, down 4.7% in volume and up1.9% in value. Ministerof Planning and Investment Nguyen Chi Dung affirmed many times that in order towelcome new investment flows, Vietnam needs to stay ready in terms of land, humanresources, infrastructure while keep improving its institutions andbusiness environment. Accordingto the minister, it is necessary to launch investment promotion campaigns to assureinvestors that Vietnam is a safe and trustworthy investment destination. State management agencies, localities andbusiness associations need to evaluate opportunities and challenges, businessand market trends to offer consultancy to member enterprises, he said./.
A recent strong influx of foreign direct investment (FDI) to Vietnam has prompted the government to design long-term policies and create a favourable and transparent environment for foreign investors to operate in a long term in the country, according to experts.
Disbursement of foreign direct investment (FDI) in the first nine months of this year reached 15.4 billion USD, up 16.2 % year-on-year and marking a record high, a report from the Foreign Investment Department (FIA) has shown.
Processing - manufacturing and real estate are the biggest magnets for foreign direct investment (FDI) in the first nine months of 2022, statistics showed.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
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.
Illustrative image (Photo: VNA) 
