Vietnam needs to have a law on the supporting industry to aid its development, according to the chairman of the Vietnam Chamber of Commerce and Industry (VCCI).

VOV.VN - The opening ten months of the year saw industrial zones (IZs) and economic zones (EZs) across the country attract 591 foreign direct investment (FDI) projects, with newly and additionally registered capital reaching approximately US$8.3 billion, according to figures released by the Ministry of Planning and Investment.

Prime Minister Nguyen Xuan Phuc has required newly-appointed Ambassadors and heads of Vietnamese representative offices abroad to work to deepen cooperative ties with foreign countries and territories.

Vietnam’s underdeveloped fabric production is making it difficult for textile and garment businesses to take advantage of free trade agreements, including the Europe – Vietnam Free Trade Agreement (EVFTA).

VOV.VN - Local industrial parks (IPs) and export processing zones (EPZs) in HCM City have attracted US$591 million in newly-registered and adjusted capital by early November, representing an increase of 7.16% from last year’s corresponding period, according Ho Chi Minh City Export Processing zone and Industrial Park Authority (HEPZA).

VOV.VN - With a stable economic political environment, a potential market, and extensive international integration, the nation has captured the attention of plenty of businesses and corporations from France, therefore opening up plenty of opportunities for broader investment co-operation to occur.

VOV.VN - Vietnam attracted a total of US$23.48 billion in foreign direct investment (FDI) during the opening ten months of the year with Singapore leading the way at US$7.51 billion, making up 31.9% of overall investment in the country, according to statistics released by the Ministry of Planning and Investment.

VOV.VN - The Eurasian Times has recently published an article on Vietnam’s success in attracting foreign direct investment (FDI), saying the Southeast Asian nation has emerged an FDI hub in Asia.

HCM City is enacting numerous solutions to facilitate FDI into the city by focusing on infrastructure and administrative procedures, as the fund poured into it has been dwindling this year.

As of the beginning of October, Ho Chi Minh City has licensed nearly 30,000 new businesses with combined registered capital totaling VND667 trillion (US$28.64 billion), according to the municipal Department of Planning and Investment.