Processing wood for export. (Photo: SGGP)

Vietnam’s wood industry struggle to prevent trade fraud

According to a market research on wood processing market of Vietnam by Forest Trend, in the first five months of this year, the number of new foreign direct investment (FDI) projects in wood industry totaled 49 projects, of which there were 32 projects belonging to wood processing field.
Foreign investors pour capital into 17 industries and fields; of these, the manufacturing and processing sector attracted most with a total registered capital of $9.63 billion -Photo: Cao Thang

FDI projects disburse $9.85 billion in seven months

Foreign Direct Investment (FDI) commitments had a year-on-year rise of 4.6 percent to US $22.94 billion in the first seven months, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment has said.

Cell phone part manufacturing at a Korean firm in the northern province of Thai Nguyen (Photo: VNA)

FDI disbursement reaches $1.7 billion

Disbursement of foreign direct investment (FDI) projects reached US$1.7 billion during the first two months this year, increasing nearly 10 percent over the same period last year.

Illustrative photo

HCMC facilitates for investors

To achieve the target set for 2017, People’s Committee of the Ho Chi Minh City urges departments, agencies and local governments to facilitate for investors.
Cashew processing in Binh Phuoc province

FDI projects increase 100 percent in Binh Phuoc province

The number of newly licensed foreign direct investment (FDI) projects posted a year on year increase of 100 percent and capital hiked nearly 50 percent in the first half this year in the southern province of Binh Phuoc.