Vietnam attracted nearly 15.2 billion USD in foreign direct investment (FDI) in the first six months of this year, a year-on-year increase of 13.1%, according to the General Statistics Office.

Strong disbursement of public investment, especially from the second quarter of this year, has helped increase demands and promote growth of economic sectors.

The private business sector has been an important driving force of the economy and is expected to raise GDP contribution to 55% by 2025, a top economist told the second Private Economic Forum 2023 in Hanoi on April 2.

Authorities of the northern province of Bac Giang have concentrated on mobilising and effectively using resources from all economic sectors to develop infrastructure facilities serving agricultural production and rural development.

Vietnam attracted over 10.8 billion USD of foreign direct investment (FDI) in the first four months of this year, equivalent to 88 percent of the amount recorded in the same period last year, according to the Ministry of Planning and Investment.

In the context of COVID-19 returning from July, the General Statistics Office (GSO) continues to conduct a survey on impacts of the pandemic on production and business activities for the second time.

The development of 5G in Vietnam will be the foundation for innovation for all economic sectors in the country, said Nguyen Phong Nha, deputy general director of the Authority of Telecommunications under the Ministry of Information and Communications.

The Hoang Anh Gia Lai (HAGL) Group donated 100,000 USD to the Lao Government on April 20 to help the country purchase medical supplies for its fight against COVID-19.

The Mekong Delta province of Kien Giang has injected more than 9.9 trillion VND (426.5 million USD) into transport infrastructure in service of local socio-economic development, the provincial Department of Transport said.

General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong on September 25 urged all-level trade unions to renew and improve the efficiency of their operation in the new situation.

A huge influx of foreign direct investment (FDI) is making its way into the fields of mechanical engineering, and manufacturing and processing, which are expected to fuel the supporting industry in the coming years if Vietnam issues effective policies, industry insiders have said.

The Ba Ria-Vung Tau Sea Festival will take place in Vung Tau city from August 28 to September 3, featuring a multitude of activities.

The changes in tax policy and investment incentives are the issues of greatest concern for foreign investors in Vietnam, said Bui Ngoc Tuan, Deputy General Director of the Audit and Advisory firm Deloitte Vietnam at a workshop on in Hanoi on July 10.

The Ministry of Planning and Investment and the World Bank Group co-organized an international workshop on “Economic Governance for a Facilitating State” in Hanoi on June 13.

The business community has put forward recommendations for the more effective implementation of the Government’s Resolution No.35/NQ-CP on supporting and developing enterprises through 2020 at a conference with the Prime Minister in Hanoi on May 17. ​

Hanoi will create the best possible conditions for overseas Vietnamese investors to run long-term business in the capital city, said Vice Chairman of the municipal People’s Committee Le Hong Son.