Although Vietnam always eyes to attract investors from US and Europe, intra-ASEAN investors are so important to the country, especially since foreign direct investment (FDI) is slowing down globally due to the COVID-19 pandemic’s impacts and geopolitical conflicts.

VOV.VN - The government of Vietnam should revise foreign direct investment (FDI) attraction and utilization policies, focusing on key fields such as green growth and digital transformation as well as connecting supply chains of Vietnamese and FDI businesses, including transnational firms.

A conference linking hundreds of Hanoi and Singaporean enterprises was held in the capital city of Hanoi on March 7.

VOV.VN - The Vietnam-Japan Joint Initiative (VJJI) has significantly contributed to improving the local business environment and raising the country’s overall competitiveness in terms of foreign direct investment (FDI) attraction.

As much as US$332.3 million in foreign investment was poured into Ho Chi Minh City in the first two months of this year, up 43.1% year on year, the municipal Statistics Office reported.

Despite the global recession that has hit e-commerce markets in the world’s biggest economies, Vietnam appears well positioned, in contrast, and is expected to grow through this phase, according to an article published on the foreign investment consulting firm Dezan Shira & Associates' Vietnam Briefing website.

Foreign ownership limits at credit institutions were expected to be raised to an appropriate level to attract foreign investment, which plays an important role in improving operational efficiency and accelerating the banking sector's restructuring.

VOV.VN - Foreign businesses continue to place their trust in Vietnam’s investment climate, pouring a large amount of capital into the country.

VOV.VN - Vietnam is likely to attract roughly US$ 36-38 billion in foreign direct investment (FDI) this year, while last year’s figure neared US$22.4 billion, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

VOV.VN - The total import-export turnover of foreign-invested enterprises (FIEs) last year reached US$506.83 billion, representing an annual rise of 9.3% and making up more than two thirds of the country’s trade value, according to the latest statistics released by the General Department of Vietnam Customs.