Vietnam’s real estate still a magnet to foreign investors
Foreign direct investment (FDI) in Vietnam continuously increased in the first half of this year, especially in the real estate sector that attracted 3.15 billion USD, making up 22.5 percent of the total registered capital.
Hanoi (VNA) – Foreign direct investment(FDI) in Vietnam continuously increased in the first half of this year, especially in the real estate sector that attracted 3.15 billion USD, making up 22.5 percent of thetotal registered capital.
Property consultant Savills Vietnam said two-thirdsof the enterprises engaging in the Vietnamese real estate are large-scale,noting that the FDI flow into Vietnam is expected to further rise in the timeahead as foreign firms are confident in the market.
Vietnam is one of the best performers in theCOVID-19 fight with a high vaccination coverage, and has emerged as a growingmarket with young, dynamic workforce, making the country competitive in FDIattraction.
According to the Ministry of Planning and Investment(MPI), as of June 20, foreign investors have poured 15.27 billion USD ofinvestment in Vietnam, equivalent to 97.4% of the amount recorded in the sameperiod last year.
Meanwhile, the disbursement of FDI in the periodrose 6.8% year on year to 9.24 billion USD.
Among the 18 sectors attracting FDI,manufacturing-processing lured the highest amount at 6.98 billion USD,accounting for 45.7% of the total investment, followed by power production anddistribution with 5.34 billion USD, making up nearly 35% of the totalinvestment.
Singapore leads the 80 countries and territoriesinvesting in Vietnam with a total investment of 5.64 billion USD, followed by Japanwith 2.44 billion USD, and the Republic of Korea with 2.05 billion USD.
As of June 20, the country had hosted 33,787 FDIprojects worth 397.89 billion USD totally, of which 241.1 billion USD or 60% had been disbursed./.
Vietnam reached more than 14 billion USD in foreign direct investment (FDI) in the first six months of 2022, announced the Ministry of Planning and Investment (MPI).
The southern province of Binh Duong is leveraging its industrial parks to lure foreign direct investment (FDI) and develop trades and services, building a diverse economic ecosystem that facilitates the formation of a green and smart economy.
For the last half of 2022, Hai Phong city will apply itself to flexibly and effectively fighting COVID-19 and shoring up business and investment activities so as to attract more foreign direct investment (FDI), a local official has said.
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.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Illustrative image (Source: Vietnamnet) 
