Vietnam’s success in attracting foreign direct investment (FDI) at present is considered one of the brightest points in the country’s economy, said the Secretary General of the United Nations Conference on Trade and Development (UNCTAD) in Hanoi on December 18.
At a seminar on
According to the UNCTAD, the Vietnamese Government should encourage FDI businesses to invest in telecommunications, electricity, transport and education.
According to a report by the Foreign Investment Department, since the Foreign Investment Law became effective almost 20 years ago, Vietnam has attracted more than 7,300 projects totalling around US$70 billion from Singapore, the Republic of Korea, Taiwan, Japan and Hong Kong. The nation is expected to attract more than US$16 billion in FDI this year.
VOVNews/VNA
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