Vietnam calls for investments in 157 projects during 2021-2025
Vietnam is calling for foreign investments in 157 projects in the 2021-2025 period, according to a decision recently signed by Deputy Prime Minister Pham Binh Minh.
Hanoi (VNA) – Vietnam is calling for foreign investments in 157projects in the 2021-2025 period, according to a decision recently signed byDeputy Prime Minister Pham Binh Minh.
The projects are in various fields, including transportinfrastructure, industrial and economic zone facilities, informationtechnology infrastructure, waste and wastewater treatment, education and health,culture-sports-tourism, agro-forestry-fishery, production and services.
The Ministry of Planning and Investment is tasked withguiding and inspecting the implementation of the decision; coordinating withministries, sectors and localities in making detail information about theprojects; organising events to popularise the list of the projects; reporting the investment promotion situation to the Prime Minister; and proposingsupplements or adjustments if necessary.
Despite impacts of the COVID-19 pandemic, the inflow offoreign direct investment (FDI) into Vietnam still rose 4.4 percent year onyear in the first nine months of 2021 to 22.15 billion USD.
An upturn was recorded in both values of investment to newprojects as well as additional capital to existing ones. Specifically, 12.5billion USD was poured into 2,212 newly-licensed projects, up 20.6 percent overthe same period last year, while 6.4 billion USD was added into underwayprojects, a rise of 25.6 percent./.
Foreign direct investment (FDI) is to continue flowing into Vietnam from Europe in the medium to long-term thanks to the EU-Việt Nam Investment Protection Agreement (EVIPA), which was ratified in August last year, experts said.
Vietnam has been an engaging contributor to ASEAN and a role model in FDI attraction in the region, Dr Oh Ei Sun, Principal Adviser for Pacific Research Centre of Malaysia, has told Vietnam News Agency in Malaysia.
Vietnamese ministries and agencies have paid attention to supporting foreign investors, including those from Japan, said Fujimoto Masayoshi, Chairman of the Japan-Vietnam Economic Committee.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
Illustrative image (Photo: VNA) 
