Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Capital city lures 1.12 billion USD in FDI in January-May
The capital city of Hanoi lured 1.12 billion USD in foreign direct investment (FDI) in the first five months of 2024, the General Statistics Office (GSO) reported.
 |
| Illustrative image (Photo: VNA) |
The capital city licenced 92 new projects with combined registered capital of more than 1 billion USD, while 64 existing projects registered to increase their investment capital by 36.8 million USD. Foreign investors allocated over 57.9 million USD to contribute capital and purchase shares in the reviewed period.
In May alone, the city attracted 17.3 million USD from 19 new FDI projects, 70.7 million USD from seven existing projects' increasing capital and 10.6 million USD from 19 foreign investors' capital contribution and share buying.
In the first five months, Hanoi had 12,900 newly established enterprises with registered capital of 124.3 trillion VND (4.9 billion USD), a decrease of 2% in the number of companies and a 3.5% in capital year on year.
Meanwhile, 5,400 businesses resumed their operations, an increase of 18.5% compared to the same period last year.
However, about 16,200 businesses temporarily suspended operations, up 29.4% on-year, while 1,700 enterprises were dissolved, up 14.8%.
In May alone, Hanoi had 3,248 newly established businesses with total registered capital of 28.2 trillion VND, up 2.1% in the overall number of companies, but down 28.9% in terms of capital. Around 945 businesses resumed operations in May, an increase of 74.7%./.
Bài liên quan
Dành cho bạn
Đọc thêm
Lynas secures Vietnam metal processing deal with LS Eco Energy
Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development
Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre
Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam
As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam
The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties
The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
