Vietnam foreign investment agency

Hanoi (VNA) – Vietnam invested 49.3 million USD abroad in the first three months of 2020, with the US being the biggest recipient. During the period, the country secured investment certificates for 27 projects worth 22.9 million USD, while six others were permitted to add 26.4 million USD. Accommodation and food services attracted 14.7 million USD, accounting for 29.9 percent of the total investment by Vietnamese firms. They were followed by scientific and technological activities (12 million USD, 24.4 percent) and processing – manufacturing (9 million USD, 18.3 percent). The US was the top recipient of Vietnamese capital in the first quarter with 20.1 million USD, or 40.8 percent of the total. Singapore ranked second with 12.8 million USD, accounting for 26 percent, and Cambodia stood third with 9.5 million USD, making up 19.3 percent. Meanwhile, Vietnam granted investment licenses to 758 new projects worth 5.5 billion USD between January and March, up nearly 45 … [Read more...] about US attracts most Vietnamese investment in three months

Phú said his agency would cancel or delay 49 projects under the national trade programme this year, including large international fairs and exhibitions on agricultural products, food, seafood, textiles and footwear at home and abroad, and major international trade events in Việt Nam and the region. — VNS … [Read more...] about Online trade promotion acitivities should be developed due to COVID-19: agency

Visitors help their accommodation owner prepare a meal in Hoi An City, Quang Nam Province, Vietnam. Photo: Quoc Viet / Tuoi Tre Swedish Kalbassi Christian Bahram (left) and his wife bid goodbye to their hosts after their stay at Sea Lavie Hoi An Resort & Spa in Hoi An City, Quang Nam Province, Vietnam. Photo: Quoc Viet / Tuoi Tre A thank-you letter written by ten-year-old Anais from France to her villa owner for preparing her birthday party and providing lodging for her family during their stay in Hoi An City, Quang Nam Province, Vietnam. Photo: Quoc Viet / Tuoi Tre Chilean singer Josefina Fuentes Florin spends time in Hoi An with her stranded family members. Photo: Quoc Viet / Tuoi Tre A foreign tourist and her son ride a motorbike at An Villa in Cam Thanh Commune, Hoi An City, Quang Nam Province, Vietnam. Photo: Quoc Viet / Tuoi Tre European tourists applaud the owner of Hoa Co homestay (right) for allotting the entire premises for quarantined visitors in Hoi An City, Quang Nam … [Read more...] about Stranded foreign tourists enjoy unexpected stopover in Hoi An

The company said in a recent statement that it would pay $72.9 million to acquire a controlling share in four solar power projects run by state-owned utility Vietnam Electricity (EVN) in Binh Phuoc Province, 120 km to the north of Ho Chi Minh City. … [Read more...] about Thai energy firm to invest $457 mln in Vietnam solar farms

Lâm said that focus should be placed on handling bottlenecks in land policies and administrative procedures to boost public investment disbursement, especially for key and large-scale projects which would contribute to the economy’s production capacity such as the projects to expand Tân Sơn Nhất and Nội Bài international airports, the construction of Long Thành International Airport and the North-South expressway. … [Read more...] about Disbursement of public investment would help lift GDP by 0.42 percentage points: GSO