Foreign investors remain confident about Vietnam's business environment
Foreign investors poured nearly US$1.7 billion into Vietnam as of January 20.
Foreign investors poured nearly US$1.7 billion into Vietnam as of January 20.
The capital city ranks among the top localities in foreign direct investment attraction.
The country has gradually developed into a semiconductor manufacturing hub for the growth of the chip manufacturing sector.
Hanoi will seek measures to facilitate South Korean investments and address problems in compliance with legislation.
Between January and October, Hanoi remains among the top provinces and cities in terms of attracting foreign investment.
Between January and September, Hanoi's domestic companies earned a total of US$7.1 billion from exports, while FDI firms sold $6 billion worth of products to overseas markets.
A worsening global economic environment is taking its toll on the optimism amongst European business leaders in Vietnam.
Many ASEAN companies in recent years have found Hanoi a top choice for investment as the city is in good shape in terms of manpower, political stability, and business environment.
Vietnamese Government and officials vow to make improvements to the regulatory system and foster foreign investment in the future.
The Federation of Trade Unions of Seoul and the Hanoi Confederation of Labor are set to strengthen cooperation in the coming time.