Fdi

The number of Vietnamese women accounts for half of the labor force but less than one-fourth of overall management roles.

Hanoi’s mayor called for local governments to provide support for businesses affected by the pandemic, and review current existing supporting programs to ensure greater efficiency.

Japan regained the position of largest investor in Vietnam for the first two months of 2021 with US$1.64 billion, or 30% of the total registered FDI.

The success of Samsung and Intel has led to other tech giants, such as Google and LG, shifting their supply chain to Vietnam.

Vietnam’s stable social-political environment and a fast-growing market are the country’s advantages in attracting investment capital from Japan, said the head of JETRO in Hanoi.

Singapore was the largest investor in the first month of 2021 in Vietnam with an investment capital of US$680.7 million, or 33.8% of the total.

Strong currency inflows from trade surpluses and FDI will support the VND, while an adequate foreign reserve position will also allow the central bank to ease off its foreign currency purchases over the near term.

Vietnam is having a golden chance to make a breakthrough in economic development by taking advantage of science, technologies and innovation.

Thanks to its successful Covid-19 containment, Vietnam saw one of the highest GDP growth rates in the world in 2020.

IFC wants to provide large financial packages in both mid- and long-term for Hanoi in waste treatment, transportation and smart lighting.