Despite a decrease in foreign direct investment (FDI) inflows into Vietnam in recent months due to the impact of the COVID-19 pandemic, economists assessed Vietnam remains attractive to foreign investors and needs to take advantage of FDI attraction opportunities to boost economic growth.

Recent announcements made by foreign investors on additional investment to expand production in Vietnam reflect their trust in Vietnam’s prospects for economic recovery, reported the Dau tu (Investment Review) newspaper.

Representatives of foreign invested enterprises and business associations in the central city of Da Nang have made a number of proposals to the city on measures to recover production, one of which is to speed up COVID-19 vaccination for workers, in the hope of quickly resuming full production.

VOV.VN - Despite the complicated nature of developments relating to the COVID-19 pandemic, Vietnamese overseas investment during the opening nine months of the year surged by 32.4% on-year to reach US$572.3 million, according to the Ministry of Planning and Investment.

Foreign investment into Vietnamese startups is predicted to increase although the COVID-19 pandemic has left negative impacts on the economy, according to experts.

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.

VOV.VN - A seminar was virtually held in both Hanoi and Tokyo on September 22 with the aim of supporting local firms to connect with Japanese counterparts amid the COVID-19 pandemic developing in a complicated manner.

Vietnam may attract about US$30 billion in foreign direct investment (FDI) in 2021, posting a year-on-year rise of 2%, economists forecast, pointing to positive signs in FDI attraction in the first eight months of 2021 despite the complexities of COVID-19.

Positive signs of investment inflows have been seen during meetings between National Assembly Chairman Vuong Dinh Hue and executives from many big European firms on the occasion of Hue's working visit to the European Parliament and a number of European countries from September 5-11.

Authorities in the northern province of Quang Ninh on September 19 to present an investment registration certificate to a US$365.6 million project of Jinko Solar Vietnam Co. Ltd., an affiliate of the Jinko Solar Holding Co. Ltd.