A corner of Bac Giang city (Photo: VNA) The northern province of Bac Giang is applying measures to implement its investment promotion programme for 2021 with an aim to attract about 1.3 billion USD worth of investment in 2021, said Chairman of the provincial People’s Committee Le Anh Duong. The northern province of Bac Giang is applying measures to implement its investment promotion...

Workers at TOTO Vietnam Co., Ltd., at Thang Long II Industrial Park in Hung Yen. Promoting the geographical advantage of being located in the Northern key economic region, Hung Yen province has been implementing various solutions to attract investment and promote local economic development. Creating a favourable investment environment Over recent years, Hung Yen has focused a great deal of resources on...

Electronic component production at a foreign-invested company. (Photo: congthuong.vn) The Ministry of Planning and Investment (MPI) has announced plans to issue more specific criteria for special investment incentives to better attract foreign direct investment (FDI). The Ministry of Planning and Investment (MPI) has announced plans to issue more specific criteria for special investment incentives to better attract foreign direct investment (FDI). The ministry is...

Workers at an aquatic product processing plant for exports in Can Tho (Photo: VNA) The Mekong Delta city of Can Tho posted a gross regional domestic product (GRDP) growth rate of 5.61 percent in the first half of 2021, as many sectors have gradually recovered, announced the municipal statistics office on June 28. The Mekong Delta city of Can Tho posted...

About 6.02 billion USD was invested in indsutrial parks and economic zones nationwide in the first five months of 2021 (Photo: VNA) Local industrial parks (IPs) and economic zones (EZs) attracted about 6.02 billion USD in both registered capital of 291 new foreign-invested projects and additional capital into existing ones in the first five months of 2021, an increase of...

Vietnam ranked among world’s top 10 emerging logistics markets. Image: internet Vietnam ranked among world’s top 10 emerging logistics markets 2021 has witnessed a bright start for Vietnam’s logistics sector, which ranked among the world’s top 10 emerging logistics markets, in the 2021 Emerging Markets Logistics Index with a score of 5.67 out of 10. It jumped three spots to eighth...

Singapore tops the list of a total of 80 countries and territories investing in the nation this year with investment reaching US$5.64 billion, trailed by Japan at US$2.44 billion, and the Republic of Korea at US$2.05 billion, according to the Ministry of Planning and Investment. The MPI report indicates that foreign investors have poured US$5.27 billion of investment into the...

Vietnam has been active in negotiating and signing five free trade agreements (FTAs) with major partners, highlighting the country’s international economic integration process as a bright and impressive part of the Government’s management during the 2016 to 2020 period. According to economic expert Dr. Vo Tri Thanh, former deputy director of Central Institute for Economic Management (CIEM), the nation is...

The meeting between Minister of Industry and Trade Nguyen Hong Dien and Ambassador Giorgio Aliberti, head of the EU Delegation to Vietnam (Photo: VietnamPlus) Vietnam and the European Union (EU) witnessed strong growth in bilateral trade in the first months of 2021, which is largely attributed to the EU - Vietnam Free Trade Agreement (EVFTA) that took effect on August 1 last...

FTA implementation draws investment Economists say free trade agreements (FTAs), including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the EU-Vietnam Free Trade Agreement (EVFTA), the EU-Vietnam Investment Protection Agreement (EVIPA), and the Regional Comprehensive Economic Partnership (RCEP) agreement, among others, will provide Vietnam with great opportunities to attract foreign direct investment (FDI). Vietnam is improving its investment environment...