The Vietnam Chamber of Commerce and Industry (VCCI) has proposed increasing the support for research and development (R&D) costs to over 50% for foreign direct investment (FDI) businesses, it said in policy feedback requested by the Ministry of Planning and Investment.

Strengthening linkages and cooperation between foreign-invested and domestic enterprises will contribute to promoting the sustainable development of the Vietnamese wood industry, according to insiders.

VOV.VN - While global foreign direct investment (FDI) last year increased by just 3%, FDI inflows into Vietnam witnessed an upturn of 32.1%, thereby affirming the attractiveness of the local investment climate, according to the 2023 FDI annual report released on March 26.

More than 300 domestic and foreign businesses and manufacturers will attend the Vietnam Global Manufacturing Forum 2024 (VGMF2024) to explore investment and business cooperation opportunities.

Vietnam's economic strength is reflected in controlled macroeconomic indicators and the country has increasingly affirmed and strengthened its important role in the supply chain diversification strategy of multinational corporations. 2024 will be the year for foreign investors to seize opportunities and implement high-tech foreign direct investment (FDI) projects in Vietnam.

Vietnam will experience a breakthrough in foreign direct investment (FDI) attraction to the fields of technology, renewable energy, health, banking and real estate, according to world media.

VOV.VN - Prime Minister Pham Minh Chinh has asked the FDI business community, foreign investors and partners to focus on three “pioneer" areas and three “acceleration” ones in green growth at a meeting with FDI enterprises and the annual Vietnam Business Forum (VBF 2004) themed “FDI enterprises pioneer in green growth strategies” held in Hanoi on March 19.

VOV.VN - The foreign-invested sector is considered to be a key driving force to develop the economy, accelerate international ties, and support local businesses in engaging in further involved in global value chains, said Minister of Planning and Investment Nguyen Chi Dung at the Vietnam Business Forum on March 19 in Hanoi.

The industrial real estate segment has emerged as a driver of the property market after sailing through the economic storm last year thanks to the foreign direct investment (FDI) influx, experts have said.

Representatives of foreign business associations have proposed several solutions to improve the investment and business environment in Ho Chi Minh City at a meeting with municipal officials hosted by the Investment & Trade Promotion Centre of the city on March 14.