Connect with us
Load WordPress Sites in as fast as 37ms!

Investment

Vietnam sustains FDI growth amid US-China trade war

Japan was the largest source country, with 429 newly granted FDI projects totalling $8.5bn, MPI figures show

Avatar

Published

on

Strong FDI figures in 2018 mark the sixth straight record year, following a string of strong realised FDI capital figures, estimated at $17.5bn in 2016, $15.8bn in 2015 and $14.5bn in 2014.

Growing FDI inflows have buttressed strong economic growth in Vietnam, which was reported as 7.08% in 2018 by the MPI, following 6.8% growth in 2017, 6.2% in 2016 and 6.7% in 2015, as reported by Bloomberg.

“We are seeing a number of companies moving from China to Vietnam, including British companies. The model in China is becoming more expensive, so Vietnam is offering a cheaper model, especially in clothing and manufacturing,” 


Peter Rimmer, head of the British Chamber of Commerce in Vietnam

Japan was the largest source country, with 429 newly granted FDI projects totalling $8.5bn, MPI figures show. South Korea came second from a capital expenditure perspective with 1043 projects totalling $7.2bn, followed by Singapore, Hong Kong and mainland China.

Companies from mainland China undertook 389 FDI projects in Vietnam in 2018, as manufacturing industries…

Realised FDI capital into Vietnam increased to $19.1bn in 2018, up 9.1% compared with 2017, according to a brief released on the Ministry of Planning and Investment (MPI) website on December 26, 2018.

Source link

0/5 (0 Reviews)

Advertisement Load WordPress Sites in as fast as 37ms!
Comments

Environment

Investing in Asia’s nascent green bonds market

The Asian Development Bank recently invested $20 million and $155 million in the maiden green bonds of AC Energy and B.Grimm Power

Asian Development Bank

Published

on

The global green bond market has ballooned as more renewable energy companies in the United States, Europe, and the People’s Republic of China issue instruments to finance plant development.

(more…)
0/5 (0 Reviews)
Continue Reading

Investment

Thailand to support aerospace sector via new incentives

Thailand’s MRO expenditure from 2015-2024 has been forecasted to reach a total amount of USD $10.6 billion

Avatar

Published

on

By

The Aerotropolis project, part of a 15- year aviation development plan for Thailand
The Aerotropolis project, part of a 15- year aviation development plan for Thailand

According to the state owned agency BOI, Thailand is positioned to become the leader of MRO in Southeast Asia by supporting a rapidly expanding aerospace sector via incentives

(more…)
4.2/5 (5 Reviews)
Continue Reading

Banking

Thailand to benefit from trade and investment diversion away from China

In a recent research report Moody’s identifies which Asian countries are most vulnerable to slower global trade volumes and which stand to gain.

Olivier Languepin

Published

on

Shifts In Production Chains Positive For A Few Sovereigns Over Time

In a recent research report Moody’s identifies which Asian countries are most vulnerable to slower global trade volumes and which stand to gain.

(more…)
3.5/5 (2 Reviews)
Continue Reading

Most Read

Must Read

Trending