Topic: foreign capital

Foreign investors have registered $1.91 billion in investment during August.

The Ministry of Education and Training (MoET) held a conference on cooperation and investment in education both in-person and online on September 15. As of the end of June, Vietnam had attracted 605 foreign-invested education cooperation projects from 33 countries and territories with total investment of more than $4.57 billion. The number of foreign-invested educational institutions accounts for 17 per cent of the more than 3,800 non-public educational institutions in the country. At the university level, Vietnam has more than 400 joint training programs with foreign partners.

A goal of industrial development through setting up industrial parks is being pursued by many localities in Vietnam.

Foreign investors posted an unexpected net withdrawal in the first session of the new month on September 5. There remain many stocks going against the trend and attracting strong capital inflows, however, such as steel and chemical fertilizer.

On August 9, Minister of Planning and Investment Nguyen Chi Dung, on behalf of the government, asked the National Assembly Standing Committee for comments on three matters, including the addition of more than VND4 trillion ($172 million) from foreign capital and unallocated central budget funds to the medium-term public investment plan in the 2021-2025 period.

As the difficulties in the domestic market increase, many real estate enterprises are turning to foreign financial sources.