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Vietnam jumped 12 places in the Economist Intelligence Unit (EIU)’s latest business environment rankings which measure the attractiveness of doing business in 82 countries with 91 crucial indicators.
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<h4 style="text-align:justify">Vietnam jumped 12 places in the Economist Intelligence Unit (EIU)’s latest business environment rankings which measure the attractiveness of doing business in 82 countries with 91 crucial indicators.</h4> <p style="text-align:justify"><img alt="vietnam shows significant improvement in business environment eiu picture 1" src="https://media.vov.vn/sites/default/files/styles/large/public/2023-05/congthuongvn_1.jpg" title="vietnam shows significant improvement in business environment eiu picture 1" /></p> <p style="text-align:justify">The report highlights that Vietnam, along with Thailand and India, is considered the Asian country that has made the most progress in terms of business environment development.<br /> <br /> Thailand leaped 10 places and India six. Meanwhile, Singapore topped the rankings.<br /> <br /> In the first four months of this year, FDI channeled into Vietnam neared US$8.9 billion, with new capital surging after a slight decrease in the first three months.<br /> <br /> According to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA), there were 750 new projects granted with investment licences worth over US$4.1 billion, up 65.2% and 11.1% annually, respectively.<br /> <br /> A total of 386 projects had their capital added for a total of US$1.66 billion, a 19.5% increase in quantity and reduction of 68.6% in value against the same period last year. The growth, despite the associated decrease, reflected investors’ confidence in Vietnam’s business climate and decisions to expand their existing projects.<br /> <br /> Also in the four months, foreign investors did 1,044 transactions of capital contribution and share purchases, with their contributed capital exceeding US$3.1 billion, up 70.4% year-on-year. They invested in 18 economic sectors, mostly in processing and manufacturing with over US$5.1 billion or 57.8% of their total investment.<br /> <br /> The number of countries and territories investing in Vietnam in the period amounted to 77. Singapore took the lead by pouring close to US$2.2 billion into the market, followed by Japan with nearly US$2 billion and China with US$752 million.</p> <p style="text-align:justify">https://english.vov.vn/</p>
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