Hanoi recorded encouraging results in investment attraction and disbursement during the first half of 2024, and is poised to push ahead with this work in the coming time.

Facing recent shortage of electricity for economic and daily activities, especially in May, the Vietnam Oil and Gas Group (Petrovietnam) has exerted efforts to maximise its provision of fuel for power generation and optimise operation of its power plants to help ease pressure.

The State Capital Investment Corporation (SCIC) announced on January 14 that its pre-tax profit soared over 36 percent in 2020, hitting an estimated 6.58 trillion VND (around 286 million USD).

The State Capital Investment Corporation (SCIC) has declared an estimated pre-tax profit of nearly 6.6 trillion VND (286.3 million USD) in 2020, up 36 percent compared to the target set for the year.

The flow of foreign direct investment (FDI) into Indonesia dropped by 5.1 percent from 317.8 trillion Rp (21.61 billion USD) in the first nine months of 2019 to 301.7 trillion Rp in the same period of 2020, the Indonesian Investment Coordinating Board (BKPM) has reported.

Foreign investors still pay great attention to Vietnam albeit the complicated developments of the acute respiratory disease caused by Covid-19 which started to hit the world earlier this year.

The State Treasury disbursed a total of 107.7 billion VND (4.6 million USD) as investments in the first half of 2019, equivalent to only 29.7 percent of the set target.

Deputy Prime Minister Vuong Dinh Hue recently requested that ministries, sectors, and localities speed up the allocation of public investment, amid the slow disbursement of public investment in the first two months of 2019.

The State Capital Investment Corporation (SCIC) divested State capital from 120 businesses in 2015, earning 94.49 trillion VND (200.17 mln USD) from a book value of 1.68 trillion VND (74.9 mln USD).