According to the minister, in addition to ongoing projects, the visit opened new cooperation opportunities in transport, industrial cluster development, mineral downstreaming, and the chemical sector. These involve partnerships across state-owned enterprises, private firms, and foreign investors.
Singapore considers Hai Phong a crucial partner, especially in port development and investment, Ambassador Jaya Ratnam said, spotlighting the Vietnam – Singapore Industrial Park (VSIP) as a standout example of successful investment collaboration.
Prime Minister Pham Minh Chinh on March 30 chaired a meeting with the steering committee for reviewing, and settling difficulties for investment projects, aiming to seek solutions to stalled ones.
After the Lunar New Year (Tet) holiday, ministries, sectors, and localities have focused on accelerating the investment projects funded by the State budget.
Vietnam consistently protects the legitimate rights and interests of investors, creating favourable conditions for investors to operate effectively in the country, Prime Minister Pham Minh Chinh told Sheikh Hamad Bin Zayed Al Nahyan, Director of the Abu Dhabi Investment Authority (ADIA) of the UAE at their meeting on October 29.
Minister of Planning and Investment Nguyen Chi Dung on October 7 proposed a 7.6-8% economic expansion in Quarter 4 following positive results in the previous quarter, helping achieve and exceed the full year target of 7% growth.
Officials of the Mekong Delta province of Hau Giang held a working session on September 26 with representatives from Singaporean businesses, which are exploring investment opportunities in some areas of the locality.
A freeze-dried instant coffee factory will be built in the central province of Binh Dinh with an investment of over 2 trillion VND (80.74 million USD), the provincial Investment Promotion Centre has announced.
The Malaysian economy is projected to grow between 4 and 5%, supported by export recovery and resilient domestic demand, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.
Localities in the northcentral region have made concerted efforts and implemented various measures to attract investment, especially foreign direct investment (FDI), contributing to socioeconomic development in 2024.
The structure of public investment capital in the last few years has changed in line with Vietnam’s economic reforms, boosting the restructuring of industries, and regions as well as balancing socio-economic development and social welfare, said Minister of Planning and Investment Nguyen Chi Dung.
Vietnam’s overseas investment approximated 416.8 million USD during the first nine months of 2023, rising 4.6% year on year, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Over the past years, Laos has always attracted the most foreign direct investment (FDI) from Vietnamese enterprises and these projects have made important contribution to enhancing the two countries’ special relations, according to Lao officials.
Vietnam is soon to introduce a new set of national criteria aimed specifically at speeding the development of green industries in line with international standards, according to the Ministry of Planning and Investment (MPI).
Da Nang should issue a project to turn itself into a financial centre at the regional scale at an early date, said Luong Nguyen Minh Triet, Standing Deputy Secretary of the Party Committee of the central city, at a recent meeting of the committee.
Many projects on education and training funded by the World Bank (WB) have reported good results, affirmed Minister of Education and Training Nguyen Kim Son during his recent working session with Cristian Aedo, Practice Manager for the Global Practice Education in South Asia at the WB.
The northern province of Bac Giang is taking drastic measures to help solve difficulties for investment projects in an effort to boost production and business activities and economic development, according to the provincial Department of Planning and Investment.
