Fdi

The new crafting facility will be the company’s third manufacturing site and first outside Thailand.

Vietnam needs to pay special attention to the risk of imported inflation as the current low inflation in the country is partly due to low consumer demand.

Foreign direct investment (FDI) would help create breakthroughs for the country to move forward, especially in terms of capital, technology, corporate governance, and human resources training.

Vietnam’s consistent investment policies would ensure long-term stability for investors in the future, Prime Minister Pham Minh Chinh has said.

Thanks to strong fundamentals, Vietnam’s economy would gradually rebound at least for the coming six months until its momentum becomes stronger in the second half of 2022.

The dialogue aims at improving the business environment and enhancing national competitiveness in 2021.

The Vietnamese Government promotes foreign investments in projects ranging from transport infrastructure to education, healthcare, and services worth over US$70 billion.

Hanoi has shown strong will in addressing concerns of foreign businesses and ensuring an ideal investment environment for them to commit to long-term operation.

The Government has set up taskforces specialized in addressing concerns of businesses that have been severely affected by the pandemic.

The capital city is committed to creating favorable conditions for foreign businesses to make long-term investments and protect the lawful rights of all investors.