Topic: foreign investment

Foreign investors continue to eye the potential Vietnam holds in the semiconductor and chip space.

Foreign investment, both new and additional, posted encouraging results in the opening five months of 2024.

Northern Quang Ninh province will need to improve local human resources if it hopes to meet its target of attracting $3 billion in FDI this year.

Major investments coming from Japan, Singapore, South Korea and the US.

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

Local authorities to determine difficulties facing projects and provide solutions.

Mr. Park JongHo, CEO of IT recruitment platform TopDev, has said that Vietnam has promising IT human resources in terms of quality and quantity as well as market potential. A wave of foreign investment has brought the opportunity for Vietnam’s IT labor market to expand and become more vibrant.

The Thu Thiem - Long Thanh and Bien Hoa - Vung Tau railway lines in the southern region, with total investment of more than VND90 trillion ($3.8 billion), have been approved by the government and competent agencies for investment have been assigned. Both projects are included in the railway network plan for the 2021-2030 period and vision to 2050, and are also on the national list of projects calling for foreign investment.

Analysts and observers believe Vietnam remains a promising investment destination despite new capital falling.