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Ho Chi Minh City, Vietnam’s largest economic hub in the south, has attracted US$ 1.2 billion in foreign direct investment (FDI) in the first six months of the year, up 12.2 percent compared to the same period in 2014.
Vietnam will eliminate limits on foreign ownership in many listed companies, seeking to sustain a rally in the nation’s equities and spur growth.
More than 60 investors and representatives from apparel companies and financial institutes from different countries gathered in a workshop held in northern Nam Dinh province in June 2015 to discuss policies to attract investment to the locality and its Rang Dong Garment and Textile Industrial Zone.
Exports for the agriculture, forestry and aquatics sector for the six months leading up to July were down 2.8% year-on-year to US$14.42 billion, according to the latest monthly report of the Ministry of Agriculture and Rural Development (MARD).
The disbursement of foreign direct investment (FDI) in Vietnam in the first half of the year reached US$6.3 billion, up 9.6% from a year ago.
Big American and Vietnamese companies will share investment opportunities in Vietnam at a roadshow in the US on July 7.
The central province of Ha Tinh called for more Japanese investment inflows during a meeting in Hanoi on June 18.
The southern province of Binh Duong recorded a trade surplus of approximately US$1.1 billion in the first six months of this year, according to the provincial Statistics Office.
Vietnamese cannot manufacture products at low costs in Vietnam but can do so in foreign countries.
Skills mismatch and the relevance of skills to business needs are major concerns in Vietnam’s tourism industry, experts have said.
Nguyen Ngoc Dong, Deputy Minster of Transport, spoke to online news website Viet Nam plus about the need to begin a study on the feasibility of building a North-South express.
Foreign individuals and overseas Vietnamese are not required to have temporary residence registration or permanent registration in the area where the houses for transaction are located.
