• An Giang
  • Binh Duong
  • Binh Phuoc
  • Binh Thuan
  • Binh Dinh
  • Bac Lieu
  • Bac Giang
  • Bac Kan
  • Bac Ninh
  • Ben Tre
  • Cao Bang
  • Ca Mau
  • Can Tho
  • Dien Bien
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  • Da Lat
  • Dak Lak
  • Dak Nong
  • Dong Nai
  • Dong Thap
  • Gia Lai
  • Ha Noi
  • Ho Chi Minh
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  • Ha Nam
  • Ha Tinh
  • Hoa Binh
  • Hung Yen
  • Hai Duong
  • Hai Phong
  • Hau Giang
  • Khanh Hoa
  • Kien Giang
  • Kon Tum
  • Lai Chau
  • Long An
  • Lao Cai
  • Lam Dong
  • Lang Son
  • Nam Dinh
  • Nghe An
  • Ninh Binh
  • Ninh Thuan
  • Phu Tho
  • Phu Yen
  • Quang Binh
  • Quang Nam
  • Quang Ngai
  • Quang Ninh
  • Quang Tri
  • Soc Trang
  • Son La
  • Thanh Hoa
  • Thai Binh
  • Thai Nguyen
  • Thua Thien Hue
  • Tien Giang
  • Tra Vinh
  • Tuyen Quang
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  • Vinh Long
  • Vinh Phuc
  • Vung Tau
  • Yen Bai

VN lures 33,000 FDI projects worth US$394 billion so far

VGP – Viet Nam has so far attracted more than 33,000 FDI projects from 140 countries and territories, with a total registered capital of over US$394 billion, according to the Ministry of Planning and Investment (MPI).

05/18/2021 15:57

According to MPI Deputy Minister Nguyen Thi Bich Ngoc, amidst the complicated evolution of the COVID-19 pandemic, Viet Nam has remained steadfast with proactive and effective solutions aiming to realize the dual goal of pandemic fight and economic development.

As a result, Viet Nam was one of the few countries in the world to have achieved positive growth in 2020 (2.91%) and the economy is expected to grow by 6.7% this year.

Although global FDI has yet to show signs of resumed growth, Viet Nam’s FDI attraction results in the Jan-Apr period are quite positive with a total registered capital of more than US$12 billion. Particularly, newly pledged FDI increased by 24.7% over the same period last year.

This is a very encouraging figure, affirming the efforts and determination of the Government and all-level authorities in drawing foreign investment, Nguyen said, adding that Viet Nam has established a working group on promoting foreign investment cooperation to support multinational corporations and large foreign companies to promptly grasp investment cooperation opportunities in Viet Nam.

A series of laws related to investment and business such as the revised Law on Investment, the amended Law on Enterprises, and the Law on Investment in Form of Public-Private Partnership (PPP), have been adopted with many new points towards simplifying investment procedures, diversifying investment forms, and adding special investment incentive mechanisms for large-scale projects that meet the criteria and make significant contributions to Viet Nam’s socio-economic development.

In addition, as a signatory of the Regional Comprehensive Economic Partnership (RCEP), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the EU-Viet Nam Free Trade Agreement (EVFTA) and other free trade agreements, Viet Nam has seized many advantages in accessing the free market of 55 countries, including 15 member states of the Group of 20 (G20).

By Vien Nhu