Business News

Additionally-registered and purchasing shares of FDI capital kept rising at 92.5 and 74.5 per cent on-year, respectively, while the total foreign investment (FDI) inflows in the first four months decreased by 11.7 per cent.

Undergoing 47 years of change since national reunification, Vietnam has witnessed big strides with the major contributions from foreign investment, while the government vows to continue creating the best conditions for investors to perform in the country.

The inflow of foreign direct investment into Vietnam hit 8.1 billion USD in the first quarter of this year, according to the Ministry of Planning and Investment.

Vietnam's apparel exports in Q1 2022 jumped 22.5% year - on - year to 8.8 billion USD.

They are Nosco at the Quang Ninh seaport, Long Son at the Nghi Son seaport, Hai Ha in Quang Tri Province, VIMC Dinh Vu and FGG in Haiphong, Cai Mep Gemadept – Terminal Link and Cai Mep Complex in Vung Tau Province, Pacific Petro in Tien Giang, Giao Long Newport in Ben Tre and Duyen Hai 2 Thermal Power in Tra Vinh.

The consumer price surge triggered by the Russia-Ukraine military conflict will certainly cause inflation to exceed 4% this year, Associate Professor Dr. To Trung Thanh said at a seminar yesterday.

More than 36,500 new jobs were created in HCM City in the first quarter, 1,800 more than the same period last year, according to the municipal Department of Labour, Invalids and Social Affairs.

With this capital increase, Singapore continues to maintain its leading position in foreign investment flows into Vietnam in the first quarter, with a total registered capital of 2.29 billion USD, accounting for 25.7 percent of total investment capital into Vietnam.