VIET NAM REPORTS RECORD BUSINESS REGISTRATION GROWTH IN FIRST EIGHT MONTHS
New business registration reached a record high of more than 103,000 firms in the first eight months of 2023, according to the Ministry of Planning and Investment (MoPI). The above figure includes more than 14,000 firms established in August, representing a year-on-year increase of 17.9 percent and a month-on-month growth of 14.05 percent.
CAN THO TO ANNOUNCE 2021-2030 PLANNING, PROMOTE INVESTMENT
To be organised by the municipal People’s Committee, the event is expected to draw 400-600 domestic participants, including leaders of the Government, ministry, central agencies and of such localities as Hanoi, Ho Chi Minh City, Hai Phong, Da Nang, and those in the Mekong Delta region.
DRAFT ON NEW GREEN POWER PRICING STRUCTURE EXPECTED IN NOVEMBER
The Ministry of Industry and Trade (MoIT) is currently gathering data for a draft, expected in November, on the best approach to building a new pricing structure for solar and wind power. According to the draft, the solar power price will be determined based on the intensity of sunlight in each region, with the northern price bracket remaining higher to stimulate investment.
CPI INCREASES 0.88 PER CENT IN AUGUST
Việt Nam's consumer price index (CPI) this month increased 0.88 per cent month-on-month, fueled by higher prices of petroleum, rice and housing, the General Statistics Office (GSO) announced on Tuesday.
FDI INFLOWS GROW 8.2% IN JANUARY-AUGUST PERIOD
Foreign direct investment (FDI) inflows to Viet Nam grew 8.2 percent year-on-year to nearly US$18.15 billion in the first eight months this year, official statistic data shows.
HANOI’S INDUSTRY AND TRADE SEEING ROBUST DEVELOPMENT
Fifteen years after it expanded its administrative boundaries, Vietnam’s capital Hanoi has enjoyed rosy development in various fields, including industry and trade.
HANOI TOPS COUNTRY IN FDI ATTRACTION IN FIRST EIGHT MONTHS
Hanoi got over 2.34 billion USD of foreign direct investment (FDI) in the first eight months of this year, topping the whole country in FDI attraction during the period. The figure is up 2.89 times against last year. Hai Phong came second with over 2.08 billion USD, increasing by 72.2 per cent, followed by Ho Chi Minh City, Bac Giang, and Binh Duong.
SINGAPORE IS VIETNAM’S SECOND LARGEST FOREIGN INVESTOR
Among the 143 countries and territories investing in Vietnam, Singapore is the second biggest source of foreign investment with 3,274 active projects worth US$73.5 billion. More investment capital from Singapore is expected to come to Vietnam as Singaporean Prime Minister Lee Hsien Loong arrived in Vietnam yesterday for a three-day official visit at the invitation of his Vietnamese counterpart Pham Minh Chinh.
