VOV.VN - Low labour costs, a geographical location close to Asian supply chains, and Japan and the Republic of Korea (RoK)'s efforts to promote greater overseas investment are considered as three factors in boosting Vietnamese foreign direct investment (FDI).

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’s industrial production recorded an increase of 4.82% in added value compared to 2020, according to figures from the General Statistics Office (GSO).

VOV.VN - Vietnam posted a trade surplus for the sixth consecutive year, a move that has significantly contributed to stabilising the macro-economy, curbing inflation, and helping the local economy to gain more foreign currency reserves, according to experts.

VOV.VN - The total new, adjusted capital and share purchases by foreign investors reached US$31.15 billion as of December 20, representing a year-on-year rise of 9.2%.

VOV.VN - The Malaysian National News Agency (Bernama) has praised Vietnam’s efforts to fulfil some economic targets set for 2021 despite the impact of the COVID-19.

VOV.VN - Despite numerous enduring difficulties caused by the prolonged COVID-19 outbreak, Vietnam has managed to secure a GDP growth rate of 2.58% this year, beating off recent projections by the World Bank and the Asian Development Bank.

VOV.VN - Despite the negative impact of the COVID-19 pandemic, Vietnam has attracted US$31.15 billion in foreign direct investment (FDI) as of December 20, a year-on-year rise of 9.2%, according to the latest statistics from the Ministry of Planning and Investment.

If it does not take advantage of opportunities, Vietnam will need at least two more decades to reach the per capita added value in the processing and manufacturing industry for newly industrialized countries.