Vietnam should promote investment to revive its economy and strengthen its ability to respond to new risks despite its success in dealing with a crisis caused by the COVID-19 pandemic.

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 is likely to remain foreign investors’ favoured destination despite the COVID-19 resurgence ravaging across the country, The Australia Financial Review (ARF) said recently.

VOV.VN - The first eight month of the year saw Vietnam suffer trade deficit of US$3.71 billion, including US$20.36 billion from the domestic economic sector, according to figures provided by the General Statistics Office (GSO).

VOV.VN - Local businesses poured a combined total of US$575 million into newly-licensed and capital-added projects during the past eight months, representing an annual increase of approximately 74.1%, according to data given by the Foreign Investment Agency (FIA).

A webinar themed “Fostering investment cooperation between Vietnam and the Middle East: potential, opportunities and new approaches” was held in Hanoi on August 26.

The Minister of Transport recently requested the establishment of a special working group to boost the disbursement of public investment capital for projects in the transport sector.

The medical devices sector is one of Vietnam’s most promising for foreign investment due to its rapid economic development and rising demand for medical care, according to Madan Mohan Sethi, Consul General of India in Ho Chi Minh City.

VOV.VN - Vietnam regards economy-trade as a pillar and driving force behind Vietnam-US ties, said Prime Minister Pham Minh Chinh during a reception in Hanoi on August 25 for the visiting US Vice President, Kamala Harris.

Vietnam’s electronics industry is still growing despite the impact of the COVID-19 pandemic, said an article published on newswire entrepreneur.com.