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

As the Government is focusing on accelerating the privatisation and divestment of State-owned enterprises (SOEs), attracting foreign investment is important to the success of the progress, according to the Committee for Management of State Capital at Enterprises (CMSC).

VOV.VN - By September 20 the total amount of foreign investment capital in new and existing projects through adjustment, capital contribution, and share purchases reached a figure of over US$21 billion, equal to 81.1% from last year’s corresponding period, according to the Foreign Investment Agency.

The 2020 Sourcing Fair Supporting Industries (SFS 2020) was held on September 17 to help companies in supporting industries expand their markets and join global supply chains.

Vietnam has become one of the world’s fastest growing economies since the country first opened up to foreign trade and investment more than three decades ago, with GDP last year being 12.5 times higher than in 2001.

VOV.VN - A total of 23 commodities recorded an export value of over US$1 billion during the opening seven months of the year, accounting for 87% of the country’s total export turnover, the General Statistics Office reported.

The Ministry of Planning and Investment (MPI) held a teleconference in Hanoi on July 28 to review its six-month performance and outline tasks for the remaining months of this year.