Foreign investors maintain interest in Vietnam
- Friday, May 7, 2021
Despite a year-on-year slip in foreign direct investment (FDI) to Vietnam in the first four months of the year, foreign investors still signed major deals in the country and confirmed its ongoing investment appeal.
Japan’s Sumitomo Mitsui Finance Group (SMFG) outlaid 1.37 billion USD for 49 percent of FE Credit. (Illustrative image)
Vietnam has shown the world its capability to accelerate clean energy solutions, with the highest installed capacity of solar power in Southeast Asia and the government’s commitment to boosting energy supply and strong public demand for improved air quality, the Malaysia-based Techwire Asia news website said in an article on August 19.
A project to repair and upgrade a road running through Xuan Ai, Vien Son, Yen Phu and Yen Hop communes in Van Yen district with a total investment of 75 billion VND (3.28 million USD) was launched last weekend.
The People’s Committee of Yen Bai province has approved a plan to select contractors to construct a road connecting Highway No. 37 with Noi Bai - Lao Cai Expressway (the third phase) with a total investment of 359.74 billion VND.
Construction has started on a road linking Luc Yen district of Yen Bai and Bao Yen district of the neighbouring province of Lao Cai, which was approved by the Chairman of the Yen Bai People’s Committee in Decision No.3125 dated December 11, 2020.