This is the time to install a filter to select foreign investors who are truly qualified, environmentally friendly and socially Vietnamese.
Vietnam attracted more than US$17.6 billion in foreign direct investment (FDI) in 2019 through November 20, a slight 7.2% increase from the same period last year, according to the Ministry of Planning and Investment.
The Ministry of Planning and Investment said in a report sent to the National Assembly (NA) that the capital revision for five metro line projects is being handled cautiously.
The Ministry of Planning and Investment has published a draft of Law on Public-Private Partnership (PPP). The current legal regime applicable to PPP forms part of various general laws, decrees, and relevant documents.
The occupancy rate at operational industrial parks (IPs) nationwide hits nearly 75 percent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.
$10.1bn in FDI came the way of IPs and EZs in the first nine months.
The amended Investment Law Plan introduced by the Ministry of Planning and Investment does not encourage offshore investment in real estate.
The Ministry of Finance’s (MoF) proposal to ease casino investment conditions in order to boost investment in special administrative-economic zones (SAEZs), particularly the one in Van Don received opposition from the Ministry of Planning and Investment (MPI) and the Ministry of Defence.
There were 326 industrial parks (IPs) established in Vietnam as of June this year, of which 251 have been put into operation with the average occupancy rate reaching nearly 74%, according to the Ministry of Planning and Investment’s Economic Zone Management Department.
Vietnam’s industrial and economic zones attracted 340 foreign-invested projects with a total newly-registered capital of 8.7 billion USD in the first six months of 2019, according to the Ministry of Planning and Investment’s Economic Zone Management Department.
On Monday, Ho Chi Minh City People’s Committee Office said it had sent a document to the Ministry of Planning and Investment, proposing the ministry to give the Southern city help and guidance to revise the total investment capital of two metro projects, Ben Thanh-Tham Luong and Ben Thanh-Suoi Tien.
More investors from South Korea than those from China have submitted bids for eight sections of the North-South Expressway, according to the Ministry of Planning and Investment (MPI) at a press briefing in Hanoi on June 27.
Over 890 projects in infrastructure with total investment of 221 trillion VND (9.43 billion USD) are being carried out in the Mekong Delta by 898 businesses from Ho Chi Minh City. The Ministry of Planning and Investment has proposed providing an additional VND45 trillion (US$1.93 billion) for urgent projects.
Foreign direct investment (FDI) approvals nationwide in the first 5 months of 2019 rose to $16.75 billion, up 69.1 percent over the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
The Ministry of Planning and Investment (MPI) proposed to set an investment capital threshold for PPP projects at VND200 billion (US$8.56 million).