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According to experts, investment is expected to be poured into four industries: information technology and high technology, electronic equipment, e-commerce and logistics, and consumer goods and retail. Therefore, localities should seize this opportunity to draw investment. … [Read more...] about FDI inflow to Viet Nam down 17% in Jan-May period

According to experts, investment is expected to be poured into four industries: information technology and high technology, electronic equipment, e-commerce and logistics, and consumer goods and retail. Therefore, localities should seize this opportunity to draw investment.  … [Read more...] about FDI inflow to Việt Nam down 17% in Jan-May period

The adjustment of socio-economic targets is a big and unprecedented issue, because the targets set in the NA’s Resolution are concretised from the Resolution of the Party Central Committee. On the basis of the Government’s proposal, the decision on the adjustment of growth targets will be made by the competent levels, with the current political and legal bases taken into account. According to economic experts, the adjustment of GDP growth target and relevant macro targets in accordance with the new developments in the domestic and international socio-economic situations will create favourable conditions for the Government in its management work, towards realising the dual goal of successfully combating the pandemic and reviving the economy after the disease. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30

Hanoi (VNA) - Vietnam attracted a total of 13.9 billion USD in FDI in the first five months of this year, a fall of 17 percent year-on-year, the General Statistics Office (GSO) announced on May 29. There were 1,212 newly-registered projects with 7.4 billion USD in investment, down 11.1 percent in number but up 15.2 percent in capital, respectively. A total of 3.5 billion USD was added to 436 existing projects, a year-on-year increase of 31.4 percent, while capital contributions and share purchases by foreign investors stood at nearly 3 billion USD, down 60.9 percent. Processing and manufacturing was the most attractive sector among foreign investors, the GSO said, receiving 6.9 billion USD. Among 58 countries and territories registering new projects in Vietnam in the first five months, Singapore was the largest investor, with 4.3 billion USD, accounting for 58 percent of the total. Following was Taiwan (China) with 743 million USD, China with 694 million USD, Hong Kong (China) with … [Read more...] about January-May FDI down 17 percent

The online music marathon will take place from 4 pm to 10 pm on May 30.  The programme will draw the participation of many famous singers, including My Linh, Quang Dung, Phan Manh Quynh and Uyen Linh as well as directors Le Hoang and Viet Tu and journalist Diem Quynh. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia May 29