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.
Eleven-month FDI inflows near US$31.4 bln
Viet Nam attracted nearly US$31.4 billion in foreign direct investment (FDI) as of November 30, a year-on-year rise of 1 percent, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
 |
| Illustrative image |
During January-November, foreign investors injected US$17.39 billion in 3,035 new projects, up 0.7 percent and 1.6 percent in terms of capital and number of projects, respectively.
Meanwhile, 1,350 projects had their capital increased with a total amount of more than US$9.93 billion, up 40.7 percent in the project number, and up 12.9 percent in capital year-on-year.
Capital contributions and share purchases by foreign investors fell by 39.7 percent to US$4.06 billion.
Foreign investors poured investment capital in 18 out of 21 economic sectors, with the processing and manufacturing industry attracting the largest share of over US$20.2 billion, or 64.4 percent of the total.
The real estate sector came second with more than US$5.63 billion, followed by wholesale and retail sale industry with nearly US$1.37 billion, and electricity production and distribution with US$1.12 billion.
Singapore was the biggest investor among 110 countries and territories investing in the nation in the reviewed period with nearly US$9.14 billion. South Korea was the runner-up with US$3.89 billion.
Bac Ninh was the top recipient destination with nearly US$5.04 billion, followed by Quang Ninh and Ho Chi Minh City, with US$2.29 billion and US$2.28 billion, respectively.
In the January-November period, the amount of disbursed investment valued US$21.68 billion, up 7.1 percent against the same period last year./.
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.
