Vietnam seeks higher-quality FDI: experts

Vietnam seeks higher-quality FDI: experts

While Vietnam needs foreign capital to develop the economy, it also requires advanced technologies to become involved more deeply in the global supply chain.

Samsung rejects NGO report on worker mistreatment

Samsung rejects NGO report on worker mistreatment

A non-governmental organization (NGO) report said workers at two factories of Samsung Electronics Vietnam do not have employment contracts and noise there is higher than permitted levels.

US$35 million aquatic feed plant opens in Dong Thap

US$35 million aquatic feed plant opens in Dong Thap

The Sao Mai Group put its aquatic feed processing plant, worth VND800 billion (US$35 million), into operation in southern Dong Thap province’s Sao Mai Industrial Complex on November 21.

Efforts needed to improve FDI quality

Efforts needed to improve FDI quality

Vietnam attracted 24,397 foreign direct investment (FDI) projects worth US$312.9 billion from 128 countries and territories in the first 10 months of this year. However, experts said that the projects’ influence on the economy is still modest, necessitating a change in mindset to lure investment.

Working on new ways to lure FDI

Working on new ways to lure FDI

As local salaries rise and global trends shift, Vietnam is drafting a new foreign direct investment attraction strategy for the upcoming years, with a focus on some prioritised sectors to bring added value to the economy.