The northern province of Hung Yen has focused on creating a safe, effective and competitive investment environment to turn the locality into a “promising land” for enterprises, particularly foreign investors.

Hanoi recorded nearly US$2.53 billion in foreign direct investment (FDI) registered during the first nine months of 2023, maintaining its top position in FDI attraction in Vietnam, said the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

A number of large enterprises from the Republic of Korea (RoK) are continuing to pour investment into Vietnam, turning the Southeast Asian country into their leading manufacturing hub in the world.

A programme to promote cultural exchange and elevate the Vietnam – Republic of Korea ties to a new height will be held in the northern province of Thai Binh on December 1-2.

Nearly 1,000 foreign enterprises from 28 countries and territories, including giants such as Boeing, Walmart, and Central Retail, have entered Vietnam to explore investment opportunities and seek partners since early September.

Many US large corporations have invested billions of dollars in Vietnam as they have seen the strong development of the economy.

VOV.VN - Prime Minister Pham Minh Chinh encouraged leading US firms to invest in the attractive and lucrative Vietnamese market during their working lunch in New York on September 21 (local time).

VOV.VN - Steady FDI commitment and disbursement reflects the continued interest of foreign investors’ in business opportunities in the Vietnamese market despite global uncertainties, according to the World Bank (WB) in its Vietnam Macro Monitoring edition for August.

Difficulties in securing investment capital, advanced technologies and inadequate skilled labour resources are some of the challenges faced by Vietnam in the implementation of the National Strategy for Green Growth for the 2021-2023 period, with a vision to 2025.

The Vietnam-Australia trade and investment promotion forum and a conference promoting trade and investment in Vietnam's northern province of Thai Binh took place in Sydney on September 11, aiming to facilitate direct contact and exchange of cooperation, business, and investment opportunities between Vietnamese and Australian government agencies, organisations, and firms.