Vietnam attracts over 13.4 billion USD in FDI in H1
Vietnam had attracted a total of 13.43 billion USD in foreign direct investment (FDI) from the beginning of this year to June 20, down 4.3% year-on-year, according to the General Statistics Office.
Hanoi (VNA) – Vietnam had attracted a total of 13.43 billion USD inforeign direct investment (FDI) from the beginning of this year to June 20,down 4.3% year-on-year, according to the General Statistics Office.
In the period, there were 1,293 newly-registered projectswith a combined capital of 6.49 billion USD, up 71.9% in the number of projectsand 31.3% in capital compared to the same period last year. The new projects were mainly in the fields of processing and manufacturing, andreal estate business.
Meanwhile, 2.93 billion USD, down 57.1% year-on-year, wasadded to 632 existing projects.
The value of capital contribution and sharepurchase deals surged 76.8% to over 4 billion USD.
Among 57 nations and territories having new projects inVietnam, Singapore was the largest investor, with 1.79 billion USD. It wasfollowed by China 1.29 billion USD, and Japan 386 million USD.
In the first half of this year, 10.02 billion USD of FDI wasdisbursed, up 0.5% year-on-year.
Meanwhile, Vietnam invested nearly 320.6 million USD in 21nations and territories in the period, down 7.3% year-on-year. Of the total,147 million USD was poured into 60 new projects, down 51.2%, while 173.7million USD was added to 16 underway ones, a year-on-year rise of 3.9 times.
Canada was the biggest receiver of Vietnamese investments,with 150.2 million USD, followed by Singapore 109 million USD, and Laos 26.3million USD./.
Vietnam's economic growth continued to face challenges which were seen in a slowdown in industrial production and declining exports due to weak external demand and global uncertainties, the World Bank’s June edition on Vietnam Macro Monitoring showed.
A recent article posted on portfolio-adviser.com, a news website based in the UK, has pointed out the frequent hope that Vietnam will be upgraded from its frontier-market status to the emerging market status.
The flows of foreign direct investment (FDI) into Vietnam are forecast to increase in the second half of the year as the downturn has been improved in recent months, experts have said.
Ho Chi Minh City attracted 2.9 billion USD in foreign direct investment (FDI) from the beginning of this year to June 20, an increase of 30.7% compared the same period last year, the city’s Statistics Office has announced.
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.
Illustrative image (Photo: VNA) 
