RoK group adds 100 million USD investment in Da Nang
The Republic of Korea's HS Hyosung on September 29 broke ground on a 100 million USD plant producing BCF yarn and carpets at Tam Thang Industrial Park in Thang Truong Commune, Da Nang City.
#investment policies
The Republic of Korea's HS Hyosung on September 29 broke ground on a 100 million USD plant producing BCF yarn and carpets at Tam Thang Industrial Park in Thang Truong Commune, Da Nang City.
Prime Minister Le Minh Hung received Cambodian Minister of Inspection Sok Soken in Ha Noi on September 29, during which he spoke highly of the effective coordination between the Government Inspectorate of Viet Nam and the Cambodian Ministry of Inspection.
Ho Chi Minh City stands ready to serve as a bridge and accompany localities and the business community in shaping a development space, attracting investment and generating new growth momentum. This will help promote the strengths of each locality in the southeastern region and the Mekong Delta, turning them into a new growth driver.
Viet Nam has long been an attractive destination for international capital flows, supported by many fundamental advantages. However, as investors become increasingly demanding and have more markets to choose from, the requirement is for growth to be transformed into investment opportunities capable of being implemented and expanded over the long term.
Viet Nam and Uruguay convened the fourth session of their Joint Committee on Economic, Trade and Investment Cooperation in Ha Noi on August 18, agreeing to expand cooperation and unlock new opportunities for bilateral trade and investment.
Thailand is currently Viet Nam's largest trading partner within ASEAN, while Viet Nam ranks as Thailand's sixth-largest trading partner globally. Bilateral trade reached 22.07 billion USD in 2025, with both sides aiming to increase the figure to 25 billion USD in the coming years. Thailand also has 805 valid investment projects in Viet Nam with a combined registered capital of 15.4 billion USD.
General Secretary of the Communist Party of Viet Nam Central Committee and State President To Lam requested the Vietnamese community in Singapore to continue serving as a bridge for the two countries’ friendship while meeting with staff of the Vietnamese Embassy and representatives of the Vietnamese community there on May 30 as part of his state visit to the country.
As part of his state visit to Singapore and attendance at the 23rd Shangri-La Dialogue, General Secretary of the Communist Party of Viet Nam Central Committee and State President To Lam on May 30 met with leaders of major Singaporean corporations, technology companies, financial institutions and banks with long-standing investments and business operations in Viet Nam.
General Secretary of the Communist Party of Viet Nam Central Committee and State President To Lam, accompanied by a high-ranking Vietnamese delegation, on May 30 visited the Singaporean Agency for Science, Technology and Research (A*STAR)’s Model Factory and the SMRT as part of his state visit to Singapore.
Marking the 51st anniversary of the Liberation of the South and National Reunification (April 30, 1975 – April 30, 2026), on April 28, Thai Nguyen province and investors simultaneously commenced construction of 10 projects with a total investment of 8,235 billion VND, creating new momentum to attract investment for socio-economic development.
Vietnamese Ambassador to Australia Pham Hung Tam met with Simon White, President of the Australia-Viet Nam Business Council in Queensland (AVBCQ), at the Vietnamese Embassy in Canberra on April 23 to promote stronger business and investment ties.
Prime Minister Le Minh Hung and President of the Republic of Korea (RoK) Lee Jae Myung on April 23 attended the Viet Nam – RoK Economic Forum in Ha Noi, where both called for advancing bilateral cooperation in industry, investment and science-technology.
Amid the global shift in investment flows, Viet Nam is increasingly seen not only as a promising and attractive destination, but also as a test of its policy adaptability in the era of technological innovation.
Deputy Prime Minister Ho Quoc Dung called on GS Energy to continue working closely with Vietnamese authorities and partners to explore solutions for developing local supply chains, enhance mutually beneficial cooperation and contribute to the sustainable development of both countries.
Proactive budget management, decisive disbursement of public investment, and a firm commitment to improving the investment environment are increasingly becoming key pillars, creating a foundation for sustainable growth for localities.
Foreign direct investment (FDI) inflows into Viet Nam continued to show resilience in 2025, with total newly registered capital reaching 38.42 billion USD, up 0.5% year-on-year, according to the National Statistics Office (NSO) under the Ministry of Finance.
Minister of Finance Nguyen Van Thang recently held a working session with Chinese Ambassador to Viet Nam He Wei to discuss ways increasing cooperation in investment, trade and finance.
Deputy Prime Minister Nguyen Chi Dung chaired the Viet Nam–Saudi Arabia investment roundtable in Riyadh on October 27 as part of his working trip to Saudi Arabia, calling for stronger bilateral cooperation and greater participation from Saudi investors in Viet Nam’s growing economy.
The ongoing visit to Mongolia by Sen. Lieut. Gen. Tran Quang Phuong, member of the Party Central Committee and Vice Chairman of the National Assembly (NA), is expected to give new momentum to the Viet Nam-Mongolia Comprehensive Partnership and make bilateral ties deeper and more substantive.
The Ministry of Industry and Trade (MoIT), in collaboration with the Ministry of Finance and the Korea International Cooperation Agency (KOICA), held a workshop to review the project on promoting the energy-saving and efficiency investment market under Viet Nam’s green growth action plan in Ha Noi on September 25.