Customers register for services of Unitel - a joint venture between Viettel Global Joint Stock Company of Viettel and Lao Asia Telecom of Laos. (Photo: baodautu.vn)
Hanoi (VNA) - The Foreign Investment Agency said in thefirst four months of the year, Vietnamese firms invested nearly 150 million USD inforeign markets.
Of the investments, 96 million USD was poured into 44 new projects while the remaining 53.5 million USD was pledged to nine existing projects.
Vietnam’s outbound investment projects mainly focused onscience and technology at 81.7 million USD, accounting for 54.7 percent of thetotal.
The banking sector took second place with total investment of 36 million USD, making up 24.1 percent. It was followed by the wholesale andretail sector with 16.4 million USD, accounting for 11 percent of total investment.
Vietnamese firms invested into 23 countries and territoriesin the period. Spain lured the biggest amount of investment from them with alarge scale project of 59.8 million USD, accounting for 40 percent of the total.
Cambodia and Malaysia followed with 37.9 million USD and 14million USD, respectively.-VNA
Vietnamese enterprises invested nearly 184.7 million USD in overseas projects in the first five months of 2018, according to the General Statistics Office (GSO) under the Ministry of Planning and Investment.
Vietnamese businesses have invested more than 279.6 million USD in projects abroad during the first seven months of 2018, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
Vietnamese commercial banks are racing to develop their networks by opening representative offices and subsidiaries in foreign nations, paving the way for them to expand their overseas operations, according to market watchers.
The US was the top destination for Vietnamese investors in the first two months of 2019, absorbing 5.3 million USD, or 84.8 percent out of the total overseas investment in the period.
Vietnam’s foreign direct investment (FDI) attraction is expected to make a leap, especially in quality, in 2019 as more foreign investors, including big names, in the world’s high-tech manufacturing and services industries are choosing the country as their destination.
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.
Customers register for services of Unitel - a joint venture between Viettel Global Joint Stock Company of Viettel and Lao Asia Telecom of Laos. (Photo: baodautu.vn) 
