Bac Giang Provincial People's Committee, on January 18, granted the investment certificate to Foxconn Singapore Pte Ltd to build Fukang Technology Factory in Quang Chau Industrial Park.
After surpassing 1,130 points in the previous trading session, Vietnam's stock market sometimes jumped by nearly 20 points in the trading session on January 6.
With a sharp plunge in the US stock market along with the high increase in the previous trading session, investors on Vietnam’s stock market focused on taking profit right from the beginning of the trading session, causing the benchmark to drop by nearly 5 points. However, the bottom-catching cash flow massively poured into the market, causing the VN-Index to rebound vertically, surpassing 1,130 points.
37 Japanese enterprises had decided to invest in Vietnam. This is the latest information that the Japan External Trade Organization (JETRO) released at the end of December this year. According to analysts, not only Japanese enterprises but many foreign enterprises from Europe, the US, Singapore, and South Korea also choose Vietnam as their investment destination. It has made Vietnam become the safest and most attractive destination for foreign investors in 2021.
The People's Committee of Binh Duong Province has just announced that foreign direct investment (FDI) attraction in the province will reach more than US$1.85 billion this year, 31.8 percent higher than the plan.
Recently, the situation of investment attraction in the Mekong Delta has had positive changes. Many large projects with investment capital from trillions of Vietnamese dong to tens of trillions of Vietnamese dong have landed in the rice granary in the West, creating new directions, contributing to promoting economic development.
The risk of a new outbreak of Covid-19 in Europe and the US has been raising concerns that supply chains of raw materials for production will break again. Therefore, foreign direct investment (FDI) enterprises that manufacture end products in Vietnam have been accelerating their capacity to expand domestic supply chains.