Vietnam – safe destination for high-quality FDI: expert

Vietnam is considered a good land for high-quality foreign direct investment (FDI) influx in post-pandemic period, according to a foreign expert.
Vietnam – safe destination for high-quality FDI: expert ảnh 1Rice for exports (Photo: VNA)

Hanoi (VNA) –
Vietnam is considered agood land for high-quality foreign direct investment (FDI) influx in post-pandemicperiod, according to a foreign expert.

Era Dabla-Norris, chief of the InternationalMonetary Fund (IMF) delegation in charge of Vietnamese issues, said PrimeMinister Nguyen Xuan Phuc’s decision to set up a special working group on FDIattraction to welcome the wave of shifting production to Vietnam after thepandemic was very praiseworthy. 

It showed the Government’s thoroughunderstanding of FDI’s importance and contribution to productivity and economicgrowth, she went on.

Vietnam’s efforts to improve the legal frameworkfor FDI attraction could help the Southeast Asian country lure high-qualityprojects in the coming time, she believed.

According to the IMF expert, many largeinternational corporations are seeking investment opportunities to diversifytheir supply chains. 

Vietnam has emerged as one of the brightestcandidates to welcome this capital flow thanks to its success in COVID-19prevention and control.

In addition, the positive economic prospectsafter reopening, the large population size and the increasing number of peoplejoining the middle class are also favourable factors helping Vietnam attractinvestment, she added./.
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.