Vietnam’s total investment abroad reached US$570.1 million in the first seven months of this year, nearly 2.3 times higher than the same period last year, with the largest investment poured into the US, according to Foreign Investment Agency.
Vietnam raked in US$16.7 billion in foreign direct investment (FDI) in the first seven months of 2021, down 11.1% from the same period last year, data from the Ministry of Planning and Investment (MPI) shows.
To provide favorable conditions for investors in industrial and economic zones, Ha Giang Economic Zones Authority has strengthened administrative reform and actively accompanied businesses.
To make transformational changes in perception, action, spirit and attitude of administrative agencies and public employees in service of people and enterprises, companionship and sharing is defined as a key solution to enhance the business investment climate, said Mr. Luong Van Doan, Director of the Department of Planning and Investment of Ha Giang province, in an interview granted to Vietnam Business Forum. Duy Binh reports.
FDI enterprises have been playing an important role and contributing to the socio-economic development of the country, especially in manufacturing and export of goods and creating jobs.
Despite the adverse impact of the COVID-19 pandemic, Vietnam and Singapore have maintained steady growth in both trade and investment. “In order to attract quality FDI, it is also important to develop a clear and facilitative legal framework,” said Mr. Seck Yee Chung, Vice-President of the Singapore Business Group, in an interview with Vietnam Business Forum when asked about how Vietnam can attract quality investment. Thu Ha reports.
The COVID-19 pandemic has strongly affected investors, including those from Korea. Vietnam Business Forum’s reporter has an interview with Mr. Kim Han Yong, Chairman of the Korea Chamber of Commerce in Vietnam (Korcham), to learn about difficulties faced by businesses and economic recovery prospects in Vietnam. Ha Linh reports.
After 35 years of renovation and opening up, Vietnam has become one of the most successful countries in attracting foreign direct investment (FDI) in the region.
Despite difficulties caused by the COVID-19 pandemic, Vietnam’s agriculture is a good performer that manages to maintain its supporting role in the economy. However, agriculture has not received proper investment while Vietnam has a great advantage in agriculture.
After 35 years of renovation and opening up, Vietnam has become one of the most successful countries in attracting foreign direct investment (FDI) in the region.
Vietnam is among the top expansion destinations for ASEAN companies looking for growth opportunities in the 10-nation bloc, according to a survey commissioned by Standard Chartered for its “Borderless Business: Intra-ASEAN Corridor” report released on July 8.
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