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Illustrative image (Photo: VNA) Hanoi (VNS/VNA) - Vietnam reached more than 14 billion USD in foreign direct investment ( FDI ) in the first six months of 2022, announced the Ministry of Planning and Investment (MPI). The ministry’s data showed that as of June 20, 2022, the total newly registered capital, adjusted and contributed capital to buy shares, buy contributed capital of foreign investors reached 14.03 billion USD, as much as 91.1% over the same period in 2021. Of which, 752 new projects were granted investment registration certificates, down 6.5% compared to the same period, with a total registered capital of over 4.94 billion USD, down 48.2% over the same period. In addition, there were 487 projects registering to adjust their investment capital, up 5.9% over the same period, with the total additional registered capital reaching nearly 6.82 billion USD, up 65.6% compared to the same period last year. There were also 1,707 capital contributions and share … [Read more...] about Vietnam attracts more than 14 billion USD of FDI in H1

National Assembly Chairman Vuong Dinh Hue (R) receives Tamas Uri, Head of CEE Region at Egis Pharmaceuticals PLC (Photo: VNA) Budapest – National Assembly (NA) Chairman Vuong Dinh Hue received leaders of several Hungarian enterprises which are operating in Vietnam on June 28 in Budapest as part of his official visit to the European country. At the meetings with a leader of Gedeon Richter Company – Hungary’s multinational company operating in the field of pharmaceutical manufacturing and biotechnology research and development (R&D), and representatives of Egis Company - a leading pharmaceutical company in the Central Eastern Europe, Hue appreciated the results of their activities in Vietnam, adding that pharmaceuticals is the country’s potential field of cooperation with many preferential policies. Leaders of Gedeon Richter and Egis showed their hope that Vietnam will speed up and simplify administrative procedures for drug registration so that many new products can be … [Read more...] about NA Chairman receives leaders of several Hungarian companies

Tibor Novak, director of Gedeon Richter, talks to Vietnamese National Assembly Chairman Vuong Dinh Hue. — VNA/VNS Photo Doan Tan As part of his official visit to Hungary, National Assembly (NA) Chairman Vuong Dinh Hue met with entrepreneurs with business operations in Viet Nam on Tuesday. During talks with the heads of multinational companies Gedeon Richter and Egis, the NA Chairman said that pharmaceuticals had great potential for cooperation in Viet Nam with multiple preferential policies. Specialising in biotechnology and pharmaceuticals, Gedeon Richter’s products entered the Vietnamese market in 1954 and officially established a representative office in 1995. Egis set up an office in Viet Nam in 2000 and is planning to expand its local operation by upscaling this establishment to be the representative office for ASEAN. NA Chairman Vuong Dinh Hue (centre) meets with the leaders of Egis Pharmaceuticals. — VNA/VNS Photo Doan Tan Taking into consideration the … [Read more...] about NA Chairman meets Hungarian entrepreneurs during official visit