Business News

The industrial real estate sector has also been attracting new supply sources. On November 12, investment was approved for developing infrastructure at Hai Long IP in the northern province of Thai Binh. Covering an area of 297ha, the project is funded by Bao Minh IP Infrastructure Investment JSC with total capital of VND2 trillion ($87 million).

The foreign direct investment (FDI) in the first 11 months of this year exceeded 25.1 billion USD, according to the Ministry of Planning and Investment.

Economists urged policymakers to regularly conduct comprehensive reviews and studies of the current systems to identify shortcomings and limitations and quickly address them to help improve the quality of the Vietnamese labour force.

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According to the firm, Vietnam has maintained export momentum thanks to Free Trade Agreements (FTA), and it has also retained stability of the domestic financial and monetary market in the face of external challenges.

According to the Ministry of Planning and Investment's Foreign Investment Agency, Vietnam counted total foreign direct investment (FDI) inflows of about $25.1 billion in the first 11 months of the year, equivalent to 95 per cent of the previous year's total.

The event “Technological Investment Cooperation between Vietnam and South Korea” was hosted by Vietnam Investment Review in collaboration with Vietnam Blockchain Association (VBA), Korea NFT Content Association (KONCA), and NBN Korean TV Channel on November 28.

During the period, new capital registered in the country by foreign investors saw a yearly decline of 18 per cent to $11.5 billion while their capital contributions and share purchases also declined 7 per cent year-on-year to nearly $4.08 billion.