“China has emerged as a global leader in technology, innovation, and clean energy. Vietnam can should find ways to attract foreign direct investment (FDI) from China and developed countries like the United States, Europe, Japan, and South Korea. This will enable Vietnam to acquire knowledge, upgrade production capabilities, and keep pace with global trends in semiconductors and green technology,” said Professor Dr. Vo Xuan Vinh from the Business Research Institute of the University of Economics in HCMC during a conversation with The Saigon Times. In the midst of the ongoing Russia-Ukraine military conflict, another potential hotspot emerged in late 2023 – the Israel-Hamas conflict in the Gaza Strip. Meanwhile, the Sino-American trade war shows no signs of abating, directly affecting the manufacturing and business activities of the world’s two largest economies. Against this backdrop, Vietnam’s political stability, efforts to improve the investment and business environment, proactive FDI attraction initiatives at both local and national levels, the “China plus one” strategy adopted by multinational corporations with manufacturing bases in China, and China’s investment promotion policies aimed at seeking overseas profits have collectively propelled Vietnam to achieve a new FDI attraction record in 2023, totaling US$36.6 billion. This remarkable figure represents a […]
“China has emerged as a global leader in technology, innovation, and clean energy. Vietnam can should find ways to attract foreign direct investment (FDI) from China and developed countries like the United States, Europe, Japan, and South Korea. This will enable Vietnam to acquire knowledge, upgrade production capabilities, and keep pace with global trends in semiconductors and green technology,” said Professor Dr. Vo Xuan Vinh from the Business Research Institute of the University of Economics in HCMC during a conversation with The Saigon Times. In the midst of the ongoing Russia-Ukraine military conflict, another potential hotspot emerged in late 2023 – the Israel-Hamas conflict in the Gaza Strip. Meanwhile, the Sino-American trade war shows no signs of abating, directly affecting the manufacturing and business activities of the world’s two largest economies. Against this backdrop, Vietnam’s political stability, efforts to improve the investment and business environment, proactive FDI attraction initiatives at both local and national levels, the “China plus one” strategy adopted by multinational corporations with manufacturing bases in China, and China’s investment promotion policies aimed at seeking overseas profits have collectively propelled Vietnam to achieve a new FDI attraction record in 2023, totaling US$36.6 billion. This remarkable figure represents a […]
“China has emerged as a global leader in technology, innovation, and clean energy. Vietnam can should find ways to attract foreign direct investment (FDI) from China and developed countries like the United States, Europe, Japan, and South Korea. This will enable Vietnam to acquire knowledge, upgrade production capabilities, and keep pace with global trends in semiconductors and green technology,” said Professor Dr. Vo Xuan Vinh from the Business Research Institute of the University of Economics in HCMC during a conversation with The Saigon Times. In the midst of the ongoing Russia-Ukraine military conflict, another potential hotspot emerged in late 2023 – the Israel-Hamas conflict in the Gaza Strip. Meanwhile, the Sino-American trade war shows no signs of abating, directly affecting the manufacturing and business activities of the world’s two largest economies. Against this backdrop, Vietnam’s political stability, efforts to improve the investment and business environment, proactive FDI attraction initiatives at both local and national levels, the “China plus one” strategy adopted by multinational corporations with manufacturing bases in China, and China’s investment promotion policies aimed at seeking overseas profits have collectively propelled Vietnam to achieve a new FDI attraction record in 2023, totaling US$36.6 billion. This remarkable figure represents a […]
HCMC - U.S. businesses would invest US$8 billion in projects in Vietnam provided that the country ensures clean energy supply for their operations, according...
HCMC - From June 18 to June 29, residents in HCMC can witness Energy Observer Odyssey, the first hydrogen-powered, zero-emission vessel to be self-sufficient...
HCMC – The U.S. Agency for International Development (USAID) and the Korea International Cooperation Agency (KOICA) on June 8 signed a memorandum of understanding...
HCMC – Vingroup has begun work on the VND4-trillion first phase of what is the country's first electric vehicle battery manufacturing factory in the...
HCMC – Local renewable energy developer CME Solar Investment (CMES) has completed the debt financing transaction from responsAbility Investments AG (responsAbility), a Swiss asset...
As soon as the 26th United Nations Climate Change Conference of the Parties (COP26) wrapped up, Vietnam has responded to the conference’s messages through...