Citi scrutinized the investment accounts

Of the total fresh and additional investments at industrial parks in HCMC recorded at US$760 million last year, foreign investments accounted for some US$370 million (down 7.26% against 2019) due to restricted travels and the global economic decline caused by Covid-19. There were more than 20 new foreign investment projects, mostly to build workshops and warehouses for lease. … [Read more...] about HCMC targets lower investments in IPs this year

An artist’s impression of the Con Khuong New Urban Area project in the Mekong Delta city of Can Tho – PHOTO: VANPHU.VN HCMC – The Can Tho City government approved the development of the Con Khuong New Urban Area project in the city, worth nearly VND5 trillion in investment, reported VietnamPlus. … [Read more...] about Can Tho approves huge investment in Con Khuong New Urban Area project

VN rooftop solar power to see boom thanks to new decision The Prime Minister’s Decision 13 on solar power projects in Vietnam, which took effect on May 22, will give a push to the development of this kind of clean energy. … [Read more...] about Investing in power projects, foreigners nurture big ambitions

We have worked with local authorities to implement projects in satellite provinces. However, the company is facing obstacles such as the prolonged licensing process as well as how to spur market demand. In addition, the satellite provinces do not have good infrastructure to connect with other provinces. At present, Hung Thinh Land has many projects and land reserve so the company is ready to conduct M&A deals with foreign investors. … [Read more...] about M&A in real estate remains robust

Noticeably, thanks to comprehensive and extensive activities of external economic development, the total foreign trade turnover of goods implemented in the 2011-2019 period hit $3.1 trillion, 20.2 times more than that in the 1991-2000 period and 3.6 times higher than the 2001-2010 period. This is a sign showing that Vietnam has exploited the strength of the domestic economy and taken advantage of the global market. It is proved by the fact that foreign investment has become an important capital mobilization channel for socio-economic development, contributing to promoting economic restructuring towards industrialization and modernization, creating more jobs, and improving management capacity and technological level. Especially, foreign direct investment has also stimulated the expansion of external economic relations between Vietnam and other countries in the region and the world. The new position and growth motivations Along with the achievements in socio-economic development, the … [Read more...] about Bright economic appearance after 35 years of innovation