Vietnam attracted close to US$20.21 billion in foreign investment in the year to September 20, up 7.7 percent year on year, according to the Foreign Investment Agency under the Ministry of Planning and Investment. In particular, foreign investors registered to inject over $10.23 billion into nearly 2,300 new projects in the nine-month period, surging 66.3 and 43.6 percent, respectively. The period also saw 934 operational foreign direct investment projects revise up their capital by a total of over $5.15 billion, up 21.5 percent in the number of projects but down 37.3 percent in the additional capital. Foreign investors also conducted around 2,500 transactions to contribute funds to and acquire shares in local firms with total capital of $4.82 billion, edging down five percent in the number of transactions but soaring 47 percent in value. They poured capital into 18 out of 21 national economic industries in Vietnam, with the processing and manufacturing sector taking the lead … [Read more...] about Vietnam’s 9-month foreign investment attraction up 7.7 percent
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Việt Nam loses US$350 million due to copyright infringement
Experts at the seminar on copyright infringement in Việt Nam. — Photo courtesy of the organiser Việt Nam ranks third in the region in terms of copyright infringement rate, with 15.5 million people regularly accessing pirated websites. In 2022, the problem of copyright infringement cost the country US$350 million. Phạm Hoàng Hải, Director of the Authority of Broadcasting and Electronic Information, a unit under the Ministry of Information and Communications, said that currently, copyright infringement is extremely complicated. There are a series of pirated websites for football tournaments as well as movies. According to data from SimilarWeb, there are currently about 70 pirated football websites, with more than 1.5 billion views in the years 2022 and 2023. SimilarWeb's data also shows that there are more than 200 pirated movie websites attracting about 120 million views per month, of which the top 10 have more than 66 million views per month. In particular, recently it was … [Read more...] about Việt Nam loses US$350 million due to copyright infringement
Experts call for popularising Cần Giờ specialities by building brands
Trương Tiến Triển, deputy chairman of the Cần Giờ District People's Committee, speaks at the seminar “Cần Giờ specialties and solutions to build brands of HCM City agricultural specialties" held in Cần Giờ on Saturday. — VNA/VNS Photo Building brands will enhance the value of Cần Giờ District’s agricultural specialties and enable them to reach more consumers in the domestic market and beyond, a seminar has heard in HCM City. Speaking at the “Cần Giờ specialties and solutions to build brands of HCM City agricultural specialties" late last week, Trương Tiến Triển, deputy chairman of the district People's Committee, said the city’s only coastal district has 43,000ha of agricultural land, including 10,000ha for aquaculture with an output of 30,000 tonnes a year. It also has 200ha of mango orchards mainly in Cần Thạnh town and Long Hòa Commune, he said. “This is the Hòa Lộc mango variety. Farmers use fish protein to fertilise them and so the fruits have high quality and a very … [Read more...] about Experts call for popularising Cần Giờ specialities by building brands