MORE MONEY ADDED TO FDI PROJECTS
Several major foreign direct investments (FDI) projects increased their investment capital by hundreds of millions of US dollars in the first two months of 2022, according to the Foreign Investment Agency.
DOUBLE RISE IN VIETNAM'S ADDITIONALLY-REGISTERED FDI IN THE FIRST TWO MONTHS
Besides this, $3.6 billion were added to 142 projects currently underway, more than twice as high as a year ago in value and 23.5 per cent more in the number of projects. Overseas investors also poured $769.6 million into 400 share purchase deals, an increase of 41.7 per cent on-year.
MANY DRIVING FORCES FOR ECONOMIC GROWTH
Vietnam is among the countries with the highest vaccination coverage and the country has adopted safe, flexible adaptation to and effectively controlled the COVID-19 pandemic. These are considered important foundations for a quick economic recovery to realize the targeted GDP growth of 6-6.5%, the GDP per capita of US$3,900, and the disbursement of 100% planned public investment capital.
VIET NAM RECORDS $3.91B TRADE DEFICIT IN FIRST HALF OF FEBRUARY
In the first half of February, Việt Nam exported $8.75 billion worth of goods while its imports hit $12.66 billion. That brought the country's total trade value since the beginning of the year to $81.68 billion. During the period, the country also saw a trade deficit of over $2.5 billion.
STANDARD CHARTERED PREDICTS STRONG RECOVERY OF VIETNAM'S ECONOMY
The Ministry of Foreign Affairs (MoFA) and Standard Chartered Bank Vietnam on February 18 co-hosted the 2022 Economic Outlook and Green Finance Policy forum in Hanoi, which attracted over 120 participants, including representatives from state agencies, embassies, the Asian Development Bank, businesses, and economists.
VIETNAM'S NEW POSITION IN ATTRACTING FDI
Despite two years of struggling with the COVID-19 pandemic, Vietnam's international trade activities still set a new record by taking advantage of great opportunities from free trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU–Vietnam Free Trade Agreement (EVFTA).
FDI TO VIET NAM PREDICTED TO SURGE IN 2022
Việt Nam remains an attractive destination for Foreign Direct Investment (FDI), which is likely to experience a surge in 2022 after a long hiatus due to the pandemic, according to economic experts.
GOOD SIGNAL PROMPTS BOOMING YEAR OF FDI ATTRACTION
Foreign direct investment (FDI) flows increased sharply right in the first month of 2022. This showed strong investor confidence in Vietnam's economic recovery prospects and expectations for another prosperous year, driven by this important capital inflow.
