US attracts most Vietnamese investment in three months
Tuesday, March 31,2020AsemconnectVietnam - Vietnam invested 49.3 million USD abroad in the first three months of 2020, with the US being the biggest recipient.
During the period, the country secured investment certificates for 27 projects worth 22.9 million USD, while six others were permitted to add 26.4 million USD.
Accommodation and food services attracted 14.7 million USD, accounting for 29.9 percent of the total investment by Vietnamese firms. They were followed by scientific and technological activities (12 million USD, 24.4 percent) and processing – manufacturing (9 million USD, 18.3 percent).
The US was the top recipient of Vietnamese capital in the first quarter with 20.1 million USD, or 40.8 percent of the total. Singapore ranked second with 12.8 million USD, accounting for 26 percent, and Cambodia stood third with 9.5 million USD, making up 19.3 percent.
Meanwhile, Vietnam granted investment licenses to 758 new projects worth 5.5 billion USD between January and March, up nearly 45 percent year on year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
More than 230 existing projects registered to adjust their capital with an additional 1.07 billion USD in the January-March period, equivalent to 82 percent of the same period last year.
Meanwhile, the value of capital contributions and shares purchased by foreign investors in the country reached almost 2 billion USD, equivalent to 34.4 percent of the same time in 2019.
Source: Vietnamplus.vn
HCM City sees over 22% rise in FDI inflows in Q1
Seafood market Update: The Seafood Expo North America
DAILY: Vietnamese coffee prices increased by 1000 VND on March 31
DAILY: Vietnamese pepper prices remained unchanged on March 31
Q1 trade of agro-forestry-fisheries products exceeds 20 billion USD
Reference exchange rate down 3 VND on March 31
Imports of materials for animal feed production in February and first two months
Vietnam expected to export 7 million tonnes of rice this year: Ministry
Goods retail sales, service revenue rise almost 14% in Q1
Vietnamese banks remain attractive to foreign investors
Rice market Update: 2023 set to be favourable for Vietnamese rice enterprises
DAILY: Vietnamese pepper prices fell by 500 VND on March 30
DAILY: Vietnamese coffee prices fell by 300 VND on March 30
Vietnam runs trade surplus of 4.07 bln USD in Q1
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...