Saturday, November 27, 2021 7:02:11 PM - Markets open
VN-INDEX 1,493.03 -7.78/-0.52%
HNX-INDEX 458.63 -1.04/-0.23%
UPCOM-INDEX 114.34 -0.27/-0.24%
FDI inflow into Vietnam still on upturn trend
VietNamPlus - 10/12/2021 3:08:01 PM
 (0 ratings. You must sign in to rate.)
 Despite impacts of the COVID-19 pandemic, the inflow of foreign direct investment (FDI) into Vietnam still rose 4.4 percent year on year in the first nine months of 2021 to 22.15 billion USD.
 
An upturn was recorded in both value of investment to new projects as well as additional capital to existing ones. Specifically, 12.5 billion USD was poured into 2,212 newly-licensed projects, up 20.6 percent over the same period last year, while 6.4 billion USD was added into underway projects, a rise of 25.6 percent.
 
Particularly, Vietnam saw many large-scale FDI projects in the January-September period.
 
According to Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc, the result manifested the attractiveness of the Vietnamese market and foreign investors’ confidence in Vietnam’s capacity in controlling the pandemic and its economic recovery as well as the effectiveness of measures taken by the Government to accompany and support businesses.
 
The fourth wave of COVID-19 infections in Vietnam since late April that caused prolonged social distancing in many provinces and cities nationwide has greatly affected production and business activities in the country.
 
However, many foreign investors have remained optimistic about the business and investment environment in Vietnam, and affirmed that Vietnam will still be a top choice for their new and expanded projects.
 
Binu Jacob, CEO of Nestle Vietnam, pledged that the company will continue to expand its investment in Vietnam and make more contributions to the country’s sustainable growth and socio-economic development.
 
Meanwhile, Choi Joo Ho, General Director of Samsung Vietnam, said that Vietnam is providing an attractive investment environment for foreign investors thanks to its numerous advantages./.
VNA
 
Read original article here
 
Newer News
25/11 PM Chính meets with leaders of Japan's Parliament
24/11 Textile - garment industry may flourish in 2022: insiders
24/11 Vietnam - US trade likely to reach 100 billion USD this year
22/11 2021-2025 economic restructuring plan focuses on digital transformation
22/11 Import-export revenue forecast to hit new record in 2021: MoIT
18/11 Over 450 billion VND for Nhu Nguyet bridge on Hanoi-Bac Giang expressway
15/11 Vietnam's growth and recovery require strong public investment: economists
12/11 Gasoline prices to be adjusted every 10 days in response to global fluctuations
09/11 Domestic demand for gasoline to recover in fourth quarter
03/11 Vietnam calls for investments in 157 projects during 2021-2025
Older News
08/10 Vietnam works towards responsible, sustainable fishery sector
06/10 Vietnam’s GDP growth may reach 8 percent in 2022: DBS
05/10 Foreign investors remain optimistic about Vietnam’s economy: official
04/10 Vietnam strives for GDP growth of 6.5-7 percent annually during 2021-2025
01/10 Vietnam still sees optimistic economic outlook in 2022: scholar
30/09 Public investment pushes real estate market
29/09 WB: Vietnam’s economy could converge toward pre-pandemic rate from 2022 onward
29/09 Vietnam’s GDP up 1.42 percent in nine months
29/09 Vietnam’s CPI up 1.82 percent in January-September
28/09 PM asks for efforts to complete 95 percent of public investment disbursement plan in 2021
 
Newsletter Signup
Top Stories
Vietnam - US trade likely to reach 100 billion USD this year
Transport ministry allows increase of domestic flight frequency from October 21
VIC: Vinfast & Europe's AUTOBEST enter new strategic partnership
Energy stocks benefit from higher oil prices
Vietnam’s GDP up 1.42 percent in nine months
Market Update
Last updated at 3:01:56 PM
VN-INDEX 1,493.03 -7.78/-0.52%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.