Tags Foreign direct investment

Tag: foreign direct investment

Manufacturing and processing sector playing key role in FDI attraction

The manufacturing and processing sector has taken the lead in attracting foreign direct investment (FDI) since the beginning of this year, pulling in 6.1 billion USD, or over 43 percent of the total.

FDI firms enjoy US$5.5 billion in trade surplus in two months

Foreign direct investment (FDI) firms’ import-export value reached US$68.52 billion in the first two months of 2021, a surge of 31.5 per cent from the same period last year, according to the General Department of Vietnam Customs

Faith abounds in growth prospects

Despite a decline in state budget revenue, remittances, and foreign direct investment, Vietnam is expected to see positive growth with a surplus in current account this year thanks to a rise in export turnover and foreign currency reserves.

Manufacturing helping to weather health crisis

Despite receiving a heavy toll caused by the health crisis, the Vietnamese economy is expected to keep its highest economic growth in Asia this year thanks in part to its surging manufacturing industry led by foreign direct investment driving exports forwards.

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