The Embassy of Vietnam in Myanmar on December 17 hosted a webinar on “Foreign Investments in Myanmar in the Context of COVID-19 Pandemic”, bringing together officials from both countries.

VOV.VN - Through the participation in a number of free trade agreements (FTAs) alongside several major economies, the nation will continue to welcome the shift of export orders and production hubs by foreign corporations and enterprises.

VOV.VN - The Regional Comprehensive Economic Partnership (RCEP) is expected to boost regional and global supply chains and the economy of ASEAN members and partners.

Vietnamese investors poured a total of US$490.4 million in projects abroad in the first 11 months of 2020, up 6.9% year-on-year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

VOV.VN - Vietnam will need US$150 billion, equal to half of its current overall GDP, in order to invest in power projects nationwide over the course of the following decade, according to a seminar held on November 24 that discussed ways to mobilise international capital for independent power projects.

Vietnam has tremendous opportunities to attract foreign investment as global companies are seeking for a destination promising continuity, World Bank Country Director for Vietnam Carolyn Turk said during an interview with the Vietnam News Agency.

The disbursement of public investment sourced from the State budget reached VND354.6 trillion (nearly US$15.3 billion) during the past 10 months, an increase of 34.4% compared to the same period last year, according to the General Statistics Office (GSO).

Despite expectations to the contrary, Vietnam’s existing rules easing access to conditional business lines in civil aviation have been unable to improve the sector’s investment picture, with financiers calling for relaxation of foreign ownership limits.

VOV.VN - The UK’s former Prime Minister Tony Blair glowingly spoke of Vietnam’s achievements in the COVID-19 fight and being among economies enjoying positive growth in 2020 during his phone talks with Deputy Prime Minister and Foreign Minister Pham Binh Minh on October 27.

The southern province of Binh Duong, which is a major destination for foreign investment in Vietnam, has been focusing on developing industrial parks.