The Ministry of Industry and Trade (MoIT) held a conference in Hanoi on February 22 to deploy Vietnam's hydrogen energy development strategy to 2030 with a vision until 2050.
Vietnam became the 10th largest trading partner of Singapore in January, with two-way trade turnover reaching over 2.9 billion SGD (2.16 billion USD), up 18.08% over the same period last year, according to the Vietnam Trade Office in the island nation.
BAC GIANG – The businesses, especially enterprises
with foreign direct investment (FDI) operating at the industrial parks of Bac
Giang province continue maintaining a good growth rate, many are investing to
expand the production and wishing to recruit more workers, reported the
provincial Industrial Park Management Board.
Localities in the northcentral region have made concerted efforts and implemented various measures to attract investment, especially foreign direct investment (FDI), contributing to socioeconomic development in 2024.
The current shift in global investment flow presents a rare opportunity for Vietnam to mark a turning point in its foreign investment cooperation process towards the two major goals of increasing registered capital and selecting high-quality capital, thereby enhancing the position of Vietnam in the value chain.
The year 2024 continues to look good for Vietnam’s foreign investment attraction, as right from the beginning of this year, the country has attracted a host of projects.
Vietnam’s outbound investment in January is estimated at 16.2 million USD, up nearly eight times compared to the same period last year, according to the Ministry of Planning and Investment.