Despite a decrease in foreign direct investment (FDI) inflows into Vietnam in recent months due to the impact of the COVID-19 pandemic, economists assessed Vietnam remains attractive to foreign investors and needs to take advantage of FDI attraction opportunities to boost economic growth.

The Vietnam-Russia oil and gas joint venture Vietsovpetro has maintained production cost for a barrel of crude oil at less than US$30, the lowest among Vietnamese oil and gas producers, according to the firm.

VOV.VN - Vietnamese tuna exports to a number of major markets have experienced a downward trajectory recently due to the increase in production and freight costs as a result of COVID-19 pandemic, according to industry insiders.

The Ministry of Industry and Trade has called on marine transport and logistics businesses to cut fees for container storage and warehousing for companies that have reduced operations due to the COVID-19 pandemic.

The quality of skilled labour in Vietnam is still not meeting minimum standards, according to Le Thi Xuan Quynh, an official from the Central Institute for Economic Management.

Vietnam is at risk of losing out on major pepper export markets due to increasing logistics costs, according to the Vietnam Pepper Association (VPA).

VietnamBriefing, a business news website on doing business in Vietnam, recently published an article highlighting the country’s special factors in attracting foreign investors compared to other regional production sites.

The Hanoi People’s Committee recently issued a directive on improving the city’s Provincial Competitiveness Index (PCI) in 2021, given the fact that many of its sub-indexes have tended towards decline even though its overall position in the national rankings has remained unchanged in recent years.

The People’s Committee of Dong Nai province has approved investment plans for four local roads, most of which are directly connected to Long Thanh International Airport - a driving force for investment and economic development in the southern region.

Bus companies, railway and airline firms have been struggling to survive amid the impacts of COVID-19 for a year and a half.