Economy and commerce

Annual report on foreign investment for 2022 released in Vietnam

The 2022 annual report of foreign investment in Vietnam was announced at a ceremony in Hanoi on March 10.The report is authored by Prof., Dr. Nguyen Mai – President of Vietnam’s Association of Foreign-Invested Enterprises (VAFIE), with reference to documents of many prestigious international organisations ...

Viet Nam SDGs Investor Map makes debut

The UNDP in Viet Nam has launched the Viet Nam Sustainable Development Goals (SDGs) Investor Map, presenting 14 investment opportunities, all of which contribute to a more sustainable and inclusive Viet Nam.This map aims to secure the interest of international and domestic investors in sustainable ...

Unlocking private investment in science, technology, innovation development in Vietnam

The Ministry of Science and Technology, UNDP in Vietnam, and UNDP SDG Impact co-hosted a conference in Hanoi last week with policymakers, experts, investors, and businesses to explore barriers and opportunities to unlocking private investment to accelerate the development of science and technology (sci-tech) and ...

EIB Global to support Viet Nam's efforts to decarbonize electricity sector

EIB Vice-President Kris Peeters and Viet Nam Electricity Chairman Duong Quang Thanh have signed a memorandum of understanding paving the way for an increased EIB contribution to sustainable electricity generation.As part of the Vietnamese government’s target of achieving net zero emissions by 2050, EVN has ...

Thuy Dung

Building tools to "screen" FDI projects with potential risks

On November 16, the Viet Nam Chamber of Commerce and Industry (VCCI) held a workshop on “Screening tool for investment projects in Viet Nam”. The tool includes mandatory assessments of whether the project complies with investment laws in Viet Nam; mandatory assessments of potential economic, social ...

Thuỳ Dương

Vietnam must prepare for new wave of investments

Many provinces and cities across Vietnam have announced quite optimistic results in attracting Foreign Direct Investment (FDI) projects in the last months of the year. Vietnam was well able to control the Covid-19 pandemic, has maintained political stability, has an advantage of huge human resources, ...

The disillusionment about FDI and the middle-income trap

In order to avoid the middle-income trap, Vietnam needs to change its strategy on attracting foreign direct investment (FDI). FDI attraction over the last 30 years hasn’t succeeded as expected.As of the end of 2021, Vietnam had attracted $408 billion worth of FDI, ranked 18th ...

Tran Thuy

Forum highlights sustainable forest governance, timber trade monitoring

The Centre for Sustainable Rural Development (SRD) and the Vietnam Administration of Forestry co-organised a forum on sustainable forest governance and timber trade monitoring in Hanoi on August 22. It is one of the annual activities aiming to promote the efficiency of forest governance and ...

First Vietnam Data Summit to take place this month

Vietnam Data Summit 2022, the first of its kind in Vietnam, will be held by the Ho Chi Minh Computer Association (HCA) and Western Digital Vietnam in the southern city on June 24, heard a press conference on June 10.The summit will focus its discussions ...

Transport infrastructure key to Mekong Delta’s economic growth

A vast major economic zone covering 40,400 sq.km., the Mekong Delta boasts abundant advantages in agricultural production and investment attraction across a variety of fields. However, for years, the slow development transport infrastructure has hindered the development of the region, becoming a bottleneck that prevent ...

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