VOV.VN - An array of programmes and overall solutions have been adopted by the Government aimed at accelerating the country’s economic recovery process amid the COVID-19 pandemic, with one of the important issues being how to restore aggregate demand.

The Ministry of Industry and Trade (MoIT) has said this year it will closely coordinate with several foreign multinationals like Samsung and Toyota to connect with local suppliers of materials and accessories, in an effort to seek alternative supply for imports in both short and long terms.

Vietnam has shown its attractiveness as a sustainable and long-term investment destination thanks to the country's numerous advantages, according to CEO of Nestle Vietnam Binu Jacob.

Despite serious impacts of the COVID-19 pandemic, foreign investments in Vietnam in the first nine months of 2021 rose, showing investors' trust and optimism about the country’s socio-economic recovery and development in the coming time, Deputy Minister of Planning and Investment Bich Ngoc has said.

VOV.VN - There will be eight groups of tasks and solutions to support economic recovery and development, with a particular focus on maintaining macroeconomic stability, controlling inflation, supporting businesses, and stimulating consumption demand.

Vietnam’s trade turnover in the first nine months of this year reached US$483.17 billion, a year-on-year increase of 24.4%, according to the General Statistics Office.

VOV.VN - Foreign direct investment (FDI) enterprises continue to view the nation as an attractive investment destination due to its political stability, improved administrative procedures, and its gradual reduction of inspections and unofficial costs, according to the provincial competitiveness index (PCI) 2020 survey.

VOV.VN - China tops the list of 14 countries who made investments into the Vietnamese wood industry, with a total of 23 projects throughout 2020.

Vietnam’s wood industry secured 63 new foreign direct investment (FDI) projects worth US$372.68 million in 2020, down 36% and 49% on-year, respectively.

More than 90% of domestic enterprises are small and medium-sized. The advantage of this business model is that it quickly responds to market fluctuations.