Localities get ready for fourth FDI boom

  • The Cai Mep-Thi Vai deep-water seaport in the southern province of Ba Ria-Vung Tau is an important factor that helps attract FDI to the southern region. VNA Photo: Hồng Đạt
    The Cai Mep-Thi Vai deep-water seaport in the southern province of Ba Ria-Vung Tau is an important factor that helps attract FDI to the southern region. VNA Photo: Hồng Đạt
  • The Japanese-invested Iguacu Vietnam Co. Ltd specialising in producing soluble coffee at the Phu My 3 Specialized IP in the southern province of Ba Ria-Vung Tau. VNA Photo: Hồng Đạt
    The Japanese-invested Iguacu Vietnam Co. Ltd specialising in producing soluble coffee at the Phu My 3 Specialized IP in the southern province of Ba Ria-Vung Tau. VNA Photo: Hồng Đạt
  • A FDI enterprise at the Phu My 3 Specialized IP in the southern province of Ba Ria-Vung Tau. VNA Photo: Hồng Đạt
    A FDI enterprise at the Phu My 3 Specialized IP in the southern province of Ba Ria-Vung Tau. VNA Photo: Hồng Đạt
  • Operation of a FDI enterprise at the Phu My 3 Specialized IP in the southern province of Ba Ria-Vung Tau. VNA Photo: Hồng Đạt
    Operation of a FDI enterprise at the Phu My 3 Specialized IP in the southern province of Ba Ria-Vung Tau. VNA Photo: Hồng Đạt
  • The Japanese-invested Sojitz Osaka Gas Co. Ltd at the Phu My 3 Specialized IP in the southern province of Ba Ria-Vung Tau. VNA Photo: Hồng Đạt
    The Japanese-invested Sojitz Osaka Gas Co. Ltd at the Phu My 3 Specialized IP in the southern province of Ba Ria-Vung Tau. VNA Photo: Hồng Đạt
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows. In the first quarter of 2024, Vietnam registered 6.17 billion USD of FDI capital poured in 17 out of 21 economic sectors, an increase of 13.4% over the same period. To attract high-tech projects, economists recommended that the Government improve competitiveness by building an appropriate investment incentive policy framework, especially when Vietnam started applying the global minimum tax regime on January 1, 2024. VNA Photo: Hồng Đạt

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