Vietnam's ongoing efforts to streamline and restructure its administrative apparatus will not affect foreign investment procedures, as the core functions of state management remain unchanged, the Ministry of Foreign Affairs affirmed on December 20.

Secretary of Da Nang's Party Committee Nguyen Van Quang expressed his hope for stronger cooperation between the Vietnamese central city and Russia during his reception for Russian Ambassador to Vietnam Bezdetko Gennady Stepanovich on December 21.

VOV.VN - Prime Minister Pham Minh Chinh has highlighted economic and trading co-operation as an important pillar in the bilateral relationship between Vietnam and Switzerland, outlining that there is plenty of room for further development in the time ahead.

Green growth has become an inevitable choice and a goal that every country is aiming for.

As an economic locomotive, Ho Chi Minh City has always led the country in terms of investment attraction, drawing the attention of foreign investors from around the world.

Investment management firm VinaCapital said it expects Vietnam’s economy and stock market to “normalise” this year after the COVID-19 pandemic.

The northern province of Bac Ninh has so far this year attracted more than US$2 billion in foreign direct investment (FDI), thanks to innovations and increased efficiency of investment promotion activities.

Many provinces and cities as well as the central region of Vietnam have recently emerged as an attractive destination for foreign investors, according to experts.

While sustainable smart cities are considered a solution to sustain international business investments, for Vietnam experts have advised local cities and provinces to prioritise building them to attract FDI.

Vietnam is calling for foreign investments in 157 projects in the 2021-2025 period, according to a decision recently signed by Deputy Prime Minister Pham Binh Minh.