A transaction office of Vietcombank in Laos (Photo: Vietcombank)
Hanoi (VNA) – Vietnam invested 49.3 million USDabroad in the first three months of 2020, with the US being the biggest recipient.
During the period, the country securedinvestment certificates for 27 projects worth 22.9 million USD, while sixothers were permitted to add 26.4 million USD.
Accommodation and food services attracted 14.7million USD, accounting for 29.9 percent of the total investment by Vietnamesefirms. They were followed by scientific and technological activities (12million USD, 24.4 percent) and processing – manufacturing (9 million USD, 18.3percent).
The US was the top recipient of Vietnamesecapital in the first quarter with 20.1 million USD, or 40.8 percent of thetotal. Singapore ranked second with 12.8 million USD, accounting for 26percent, and Cambodia stood third with 9.5 million USD, making up 19.3 percent.
Meanwhile, Vietnam granted investment licensesto 758 new projects worth 5.5 billion USD between January and March, up nearly45 percent year on year, according to the Foreign InvestmentAgency under the Ministry of Planning and Investment.
More than 230 existing projects registered to adjust theircapital with an additional 1.07 billion USD in the January-March period,equivalent to 82 percent of the same period last year.
Meanwhile, the value of capital contributionsand shares purchased by foreign investors in the country reached almost 2billion USD, equivalent to 34.4 percent of the same time in 2019./.
Vietnam’s total investment abroad was estimated at 508.14 million USD in 2019, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
The latest updates from the Foreign Investment Agency revealed that Vietnam invested 3.97 million USD abroad in January, more than three times higher than the same month last year.
Vietnamese businesses invested 30.3 million USD overseas in the first two months of 2020, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
The Mekong Delta city of Can Tho expects to attract 450 million USD in foreign direct investment (FDI) in the 2021-2030 period, according to a plan recently approved by the municipal People’s Committee.
Vietnam granted investment licenses to 758 new projects worth 5.5 billion USD in the first quarter of 2020, up nearly 45 percent from the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
A transaction office of Vietcombank in Laos (Photo: Vietcombank) 
