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Binh Duong aims for US$ 1 billion FDI in 2012

Southern Binh Duong province will continue to complete infrastructure, including roads, electricity and water supplies, with the aim of attracting US$ 1 billion foreign investment in 2012. Huynh Van Trai, Director of the provincial Department of Planning and Investment, said that in 2011 the province’s foreign direct investment hit nearly US$ 1 billion, including 76 [...]

Overseas investment hits new high in 2011

Vietnamese enterprises disbursed some US$950 million of overseas investment out of the total registered capital of US$2.12 billion in 2011, according to the Ministry of Planning and Investment. Vietnam National Oil and Gas Group (PetroVietnam) takes the leading position with US$347 million of investment capital transferred abroad, followed by the military-run mobile service operator Viettel [...]

FDI into Vietnam nears $200 billion

Nearly 13,670 valid foreign direct investment (FDI) projects have operated in Vietnam by mid December with a total registered capital of $198 billion. This was announced by Deputy Minister of Planning and Investment Nguyen The Phuong on December 30 at the Ministry’s press conference reviewing the FDI situation in 2011 and making forecasts for 2012. [...]

Vietnam’s foreign investment hits US$10.8 billion

As of December 30, Vietnam has 627 investment projects in 55 countries and territories with a total registered capital of US$10.8 billion, according to the Ministry of Planning and Investment. Vietnam has the highest number of investment projects in Laos with a total capital of US$3.4 billion, followed by Cambodia (US$2.1 billion), Venezuela (US$1.8 billion), [...]

Vietnam-a top destination for Japanese businesses

Vietnam was one of the leading destinations for Japanese businesses in 2011, which provided total investment capital of US$1.84 billion this year, according to the Japan External Trade Organization (JETRO). Japan’s 208 projects operated in Vietnam during the year, an increase of 82 percent against 2010, in which production and processing projects accounted for 54 [...]

FDI spending equals 2010 despite problems

The disbursement of foreign direct investment (FDI) this year reached last year’s figures of US$11 billion despite challenges caused by tough economic conditions, the Foreign Investment Agency (FIA) reported yesterday. In 2011, the country attracted $14.7 billion in FDI, equal to 74 per cent of 2010. Over $11.5 billion came from 1,091 newly-licensed projects while [...]

FDI paints a mixed picture amid economic uncertainties

Foreign direct investment in Vietnam is painting a black and white picture. Foreign-invested projects disburse an estimated $11 billion in 2011, the same to last year’s level, according to a Ministry of Planning and Investment (MPI) report released last week. Foreign investors fork out around $8 billion to Vietnam with the rest coming from Vietnamese [...]

Japan invests in 1,636 projects in Vietnam

Foreign Investment Agency under Ministry of Planning and Investment on Tuesday held the seminar with Aichi province’s enterprises, Japan. Do Nhat Cuong, Director of FIA reported that till the end of November 2011, Japan had total 1,636 operational FDI projects with total registered capital of $23.28 billion, ranking fourth among foreign investors. Notably, Aichi was [...]

Hanoi’s FDI surges to $1.5Bln In 2011

Foreign Direct Investment (FDI) in Hanoi is estimated to have surged by 78.7% from 2010 to $1.5 billion in 2011, the local news provider Gafin reported. Hanoi has attracted a total of 283 new projects with a total registered capital of $957 million, doubled from that of 2010 and 61 additional capital projects worth $543.3 [...]

Vietnam to follow four main principles in attracting FDI

The new policy on attracting foreign direct investment (FDI) will be set up based on four main principles. The FDI projects must have high quality and efficiency. They must aim to the sustainable development on the basis of the low-carbon economy. Especially, foreign investors have to make commitments on technology transfer and help train high [...]

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