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Indian-born RMIT Senior Lecturer Dr. Majo George shared his thoughts on a Vietnamese company's strategic move to tap into one of the world's most populous nations and rapidly expanding other markets.

As of February 20, Vietnam has attracted more than 39,500 FDI projects with a total registered capital of nearly US$473.1 billion.

By 2030, the country aims to have approximately 5,000 kilometers of expressways.

Transport infrastructure projects remain a priority with an estimated fund of VND422 trillion (US$17.2 billion).

The city would focus on accelerating the construction progress of key and large projects in 2024.

The No.2 urban railway line is expected to play a crucial role in the public transportation network, easing the ever-increasing severe traffic congestion in the capital's central area.

In 2024, Hanoi's public investment plan is set at VND81 trillion (US$3.3 billion), 1.4 times higher than the 2023 plan.

Vietnam promised to balance the interests of the government, the general public, and businesses while sharing risks to ensure the legitimate rights of investors.

Hanoi's industrial and commercial sector has been focusing on green growth - a trend that catches investors' attention.

Vietnam calls for investment in high technology while ensuring a better investment climate for investors, emphasizing institutional framework, infrastructure, and manpower.

Vietnam's business sector is poised for growth in 2024, according to the latest EuroCham survey.

Laos looks forward to continued exploration and investment by Vietnamese companies in sectors where the former excels, including clean agriculture, agro-processing, mining, and clean energy.

The Vietnamese Government is formulating highly competitive policies to attract investment in the semiconductor industry.

In 2023, the city attracted US$2.94 billion in foreign direct investment (FDI), a 70.5% increase over the previous year.

Adani expects to invest in Vietnam's thermal power plants and participate in the development of both the renewable energy industry and key thermal energy projects.

The Belgian companies have shared a common desire to explore and pursue opportunities to co-operate with Vietnamese.