Vietnam news in brief - August 30
Check out the latest news about Vietnam.
Vietnam Foreign Investment
US$165 million aluminum alloy plant to be built at VSIP Nghe An
Work on the project will begin this month and the plant will be fully operational in October 2024.
Vietnam's FDI outlays in 10 months jump 15% to exceed $17 billion
The total FDI disbursement in Vietnam this year is projected to hit $21-22 billion, up 6.4-11.5% year on year.
Vietnam remains attractive for high-quality FDI
Vietnam continues to show its attractiveness to foreign investors, especially with its portfolio of high-quality projects.
Vietnam ready to become global production hub
The country boasts 335 industrial parks with a combined area of 100,000 hectares, which will be expanded to meet the growing demand of domestic and foreign investors.
FDI in Vietnam rises to 5-year high in Q1
The report added that out of 65 countries and territories investing in Vietnam in the first three months of 2022, Singapore took the lead with $2.29 billion, or 25.7% of the total.
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Amended Capital Law to develop Hanoi’s cultural industries
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