Vietnam is pushing ahead in its mission to become the ideal manufacturing hub for overseas investors by taking advantage of a largely pandemic-free landscape and building on 2020’s successes.
Foreign Direct Investment (FDI) registered in Vietnam hit US$28.53 billion in 2020 as of December 20, 2020, down 25% year on year, according to the Ministry of Planning and Investment. They disbursed US$19.98 billion of their registered value, down 2% year on year.
All goals and objectives in the 2020 Plan of the industrial and trade sector were successfully fulfilled to positively contribute to the overall economic growth of Vietnam at 2.91%.
Resolution 02/2021 is expected to continue to step up reforms to further improve the business environment and enhance national competitiveness.
In the festival days of the New Year celebration, people are filled with the joy of gifting meaningful presents to beloved ones, friends, and business partners. Let us be a part and share the joyous spirit with our fine wine selection, and our sophisticated Tet hampers, created by the enthusiastic and delicated Red Apron team.
1. Remittances to Hochiminh City increase by 8.2pct
2. The great banking profit paradox of Covid-hit 2020
3. Insurance Industry: Vast Room for Growth
4. State capital management commission completes tasks for 2020
5. Bright future tipped for Vietnam's e-commerce market
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1. Connecting equipment supply-bid cancel
2. Inlet device for separator supply-bid extend
3. Insulator washing equipment supply
4. Materials and equipment supply
5. Electric equipment and materials supply
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Despite COVID-19 restricting the flow of foreign buyers and investors to Vietnam, positive signs were reported from local buyers in the last quarter of 2020 for high-end residences, brightening up 2021.