Foreign institutional investor

The ministry said investment in the form of capital contribution and purchase of shares has sharply expanded over the past years, and made up an increasing portion of the accumulative foreign investment, climbing from 17.02 percent in 2017 to 27.78 percent in 2018 and 37.1 percent in the first ten months of this year. … [Read more...] about Vietnam’s FDI inflow up in ten months

Hanoi (VNA) – Vietnam and Thailand held the seventh political consultation under the chair of Vietnamese Deputy Foreign Minister Nguyen Quoc Dung and Permanent Secretary of the Thai Foreign Ministry Busaya Mathelin in Hanoi on January 20. The two sides shared the view that the friendship and enhanced strategic partnership between Vietnam and Thailand have attained strong and substantive strides. In 2019, their high-level leaders continued to exchange visits, including an official trip to Thailand and the attendance in the 40th General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA) there by National Assembly Chairwoman Nguyen Thi Kim Ngan in August. They also frequently met each other at multilateral forums, especially on the sidelines of the ASEAN summits hosted by Thailand. Cooperation mechanisms have continued proving effective, the officials said, noting that the countries successfully organised the third meeting of the joint committee on bilateral cooperation in … [Read more...] about Vietnam, Thailand hold 7th political consultation in Hanoi

A recent report by the  US News and World Report ranked Vietnam eighth out of the 29 economies, up from 23 last year. Meanwhile, some neighbouring nations – Malaysia, Singapore and Indonesia – stood in the 13th, 14th and 18th positions, respectively.  … [Read more...] about Vietnam among top destinations for investment

Hanoi (VNS/VNA) - For two decades, farmer To Nguyen Ho Hai in the Central Highlands province of Gia Lai grew peppers, enjoying a boon in production. Five years ago, the industry was doing so well, and the price of peppers so high, he more than doubled his investment, increasing from 900 pepper pillars to 2,000.    At the time, farmers took their profits and reinvested with prices hitting as much as 260,000 VND (11.2 USD) per kg at their peak in 2015. Hoang Phuoc Binh, Vice Chairman of the Pepper Association of Gia Lai province’s Chu Se district, recalled the time when peppers were hot in more ways than one.   “Every farmer, every household grew peppers,” he said. “The more profit they earned, the more money they poured in investing in buying land to grow more pepper.” According to Vu Ngoc An, Deputy Director of the provincial Department of Agriculture and Rural Development, when people saw households making profits of up to 500 million … [Read more...] about Quality key to pepper growth, not quantity