Vietnam expects large-scale FDI projects

Vietnam expects large-scale FDI projects

Although in the first four months of this year, registered foreign investment capital into Vietnam hit a record high, there was no large-scale project. According to experts from the Ministry of Planning and Investment, the first-billion-dollar project this year will possibly be a project from Hong Kong (China): Weijia Textiles Vina.
Vietnam needs foreign direct investments in fiber, dyeing and raw fabric. (Photo: SGGP)

Garment, textile industry expected to lure much foreign investment this year

Many economic experts at the global textile and apparel supply chain conference held the first time in Ho Chi Minh City said that Vietnam will be an attractive destination for foreign garment and textile companies this year so the country must be cautious and selective about this capital source so as to avoid being applied trade protectionism measures by import markets.
Deputy Minister Vu Dai Thang delivered his speech in the launching ceremony

National investment information system project kicked off

The Ministry of Planning and Investment (MPI) yesterday hosted the launching ceremony for the project ‘Development of the National Investment Information System (NIIS) for Private Sector’ in Hanoi. The project will be jointly conducted by MPI and the Korea International Cooperation Agency (KOICA).

State Counsellor of Myanmar Aung San Suu Kyi at the Invest Myanmar Summit in Nay Pyi Taw (Photo: EPA)

Myanmar strives to lure foreign investment

State Counsellor of Myanmar Aung San Suu Kyi on January 28 urged global investors to pour their money into Myanmar, seeking to offset the negative impact of the Rohingya crisis and slow pace of economic reforms.
At a Japanese-invested company (Photo: SGGP)

Improved business environment attracts more foreign investment

As per the Foreign Investment Agency under the Ministry of Planning and Investment, more foreign companies poured capital into their business in Vietnam, proving that the Vietnamese investment environment was attractive to foreign investors.

Electronic component production at Saigon Hi-Tech Park (Photo: SGGP)

HCMC lures most FDI in country

Ho Chi Minh City attracted most foreign investment during the first nine months this year with the total capital of US$3.74 billion, accounting for 14.6 percent of the country’s number.