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Deputy Director of the FIA Do Van Su said disbursement of foreign investment this year is expected to hit USD 22-23 billion. Su acknowledged that the opening of China’s economy might affect Vietnam's foreign investment attraction, adding that China remained the leading investment destination in the region, so when they opened up, capital will flow into this market while that to Vietnam and other economies in the region will be limited. On the contrary, the investment capital movement of the Republic of Korea (RoK), Japan, and Taiwan (China) will be accelerated. This shift will be accelerated until 2025, and Vietnam will be a preferred investment destination for investors, he added. Currently, the RoK, Japan and Taiwan (China) are Vietnam’s major sources of foreign investment and they have constantly increased their investments in Southeast Asian countries. According to FIA, essential factors for FDI to continue to prosper in 2023 include economic growth results in 2022 and … [Read more...] about Vietnam’s FDI projected to reap up to USD 38 bln in 2023

Pham Tuan Huy has become the second Vietnamese mathematician after famed Professor Ngo Bao Chau to receive a research fellowship from the Clay Mathematics Institute. The Clay Mathematics Institute officially announced two mathematicians who will be awarded research fellowships in 2023, including Paul Minter, who obtained his PhD in 2022 at the University of Cambridge, and Pham Tuan Huy, who is about to receive his PhD from Stanford University. Both Minter and Huy will be Clay Research Fellows starting July 1. The appointment term of Minter is four years while Huy's is five years. On the website of the Clay Mathematics Institute, Huy is introduced as a highly inventive and prolific researcher who has already made fundamental contributions to combinatorics, probability, number theory, and theoretical computer science. The 27-year-old is the second Vietnamese mathematician to receive a research fellowship from the Clay Mathematics Institute after famed Professor Ngo Bao Chau in … [Read more...] about Vietnamese mathematician granted Clay Research Fellowship