Two-way trade between Vietnam and Laos is estimated at US$1.3 billion in 2021, a year-on-year rise of 30.3%, according to Deputy Minister of Industry and Trade Tran Quoc Phuong.

The annual roundtable conference between Ho Chi Minh City officials and the Japanese business community has become an effective communications channel, contributing to building close ties between the two sides, delegates said an event marking 20 years of the conference on December 14.

A conference to promote investment from the Republic of Korea (RoK) in the northern province of Thai Binh was held online on December 13 by the Vietnamese Embassy in the RoK, the Korea Chamber of Commerce and Industry (KCCI) and the provincial People’s Committee.

The northern province of Quang Ninh always prioritises calling for investment from and creating the most favourable conditions for investors from Taiwan (China), especially in the fields of processing, manufacturing, electronics and semiconductor industries in its industrial zones.

The Government Office has issued the Notice No.262/TB-VPCP dated October 5, 2021 on the Prime Minister’s conclusions at the nationwide teleconference with ministries, centrally-run agencies and localities on stepping up the disbursement of public investment capital this year.

Vietnam will work to create an open and transparent business environment and offer favourable conditions for US investment projects in the country, said Minister of Industry and Trade Nguyen Hong Dien.

The LG Display Vietnam Hai Phong Co. Ltd., has recently raised its investment by US$1.4 billion, bringing the total investment of the entire project to US$4.65 billion.

Vietnam prioritises foreign investment projects in high technology, innovation, research and development, and projects that create favourable conditions for Vietnamese enterprises to participate in the value chain.

The southern province of Long An led the country in attracting foreign direct investment (FDI) capital in the first half of this year, despite the COVID-19 pandemic.

The Ministry of Finance has continued to cut a number of charges and fees to support and remove difficulties caused by the COVID-19 pandemic for businesses and individuals.