Want to be in the loop?
subscribe to
our notification
Business News
FOREIGN INVESTMENT INFLOWS PICK UP SLIGHTLY IN FIRST 11 MONTHS
As of November 20, foreign direct investment capital inflows into Viet Nam reached US$26.46 billion, an increase of 0.1 percent compared to the same period last year.
Specifically, the country granted investment certificates to 1,577 new projects with total investment capital of nearly US$14.1 billion, up 3.76 percent against the same period last year.
As many as 877 projects registered capital adjustment with total additional volume of US$8 billion, a year-on-year fall of 16,6 percent.
In addition, there were 3,466 instances of capital contribution and share purchase by foreign investors worth nearly US$4.4 billion USD, a decrease of 33 percent against the same period last year.
Foreign investors poured capital in 18 out of 21 economic sectors, in which processing and manufacturing accounted for 53 percent of the total registered investment capital.
Electricity production and distribution ranked second with US$5.7 billion accounting for 21.6 percent of the total investment capital, followed by real estate, and wholesale and retail with US$2.41 billion and US$1.27 billion, respectively.
Singapore was the biggest foreign investor in the reviewed period with registered capital of US$7.6 billion (making up 28.7 percent of the total investment capital). The Republic of Korea and Japan ranked second and third with US$4.36 billion and US$3.7 billion.
Source: VGP
Related News
THE MICHELIN-STARRED LONG TRIEU LAUNCHES AN EXQUISITE LUNAR NEW YEAR MENU AND A HOLIDAY GIFT
Lunar New Year is the most significant traditional festival for family reunions. To celebrate the upcoming Lunar New Year 2025, the Michelin-starred Long Trieu restaurant is delighted to present a special Tet menu and a curated collection of Glutinous Rice Cake and Radish Cake. Blending the timeless flavours of Cantonese cuisine with the unique essence of Vietnamese Tet, the menu not only features Long Trieu’s signature dim sum, seafood dishes, and honey-glazed barbecued pork but also offers innovative culinary creations that embody profound cultural values.
VIETNAMESE RETAIL INDUSTRY EXPECTS BRIGHT FUTURE AHEAD
With a young and dynamic population, rising incomes and increasing urbanisation, the sector is emerging as one of the most promising engines for economic expansion in the coming years.
VIETNAM’S STOCK MARKET GAINS TWO MILLION NEW ACCOUNTS IN 2024
Vietnam’s stock market witnessed robust growth in 2024, with over two million new investor accounts opened, reflecting a surge in market participation. By the end of December, the total number of domestic investor accounts exceeded 9.2 million, surpassing the country’s 2025 target a year early.
AVERAGE CPI IN 2024 INCREASES BY 3.63%
The average Consumer Price Index (CPI) in 2024 increased by 3.63% compared to 2023, meeting the target set by the National Assembly.
SPECIAL DISCOUNT FOR MEMBER OF HKBAV
"Whether it's celebrating New Year's Eve, toasting at a Spring Wine gathering, or heading home for the holidays, Want Want's 'Reunion Gift Bag' lets you send thoughtful gifts that are sure to leave a lasting impression."
BANK OF COMMUNICATIONS (HONG KONG) LTD. AND HONG KONG BUSINESS ASSOCIATION VIETNAM ESTABLISH FRIENDLY RELATIONSHIP
In early 2024, representatives from the Bank of Communications (Hong Kong) Ltd. (“the Bank”) visited the Hong Kong Business Association Vietnam (HKBAV) to explore the cross-border financial services needs of the overseas Chinese in Vietnam. The Bank was honorably invited to join the membership of HKBAV and became a member subsequently.