High-tech FDI drives Vietnam's economic evolution
High-tech foreign investments will continue to propel Vietnam’s economic growth for years to come, Michael Kokalari, chief economist at investment fund VinaCapital, has said.
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High-tech foreign investments will continue to propel Vietnam’s economic growth for years to come, Michael Kokalari, chief economist at investment fund VinaCapital, has said.
President Nguyen Xuan Phuc received Indian Ambassador Pranay Verma in Hanoi on September 20, appreciating the outgoing diplomat’s contributions to the two countries’ cooperation in all aspects, especially during the two years of the COVID-19 pandemic.
Southern HCM City topped the country in foreign direct investment (FDI) in the first eight months of 2022, accounting for 16.1 per cent of the national figure, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
Various investment promotion activities have been organised recently by authorities of Hai Phong to popularise the northern city as a dynamic and potential destination for investors.
Vietnam is currently the Republic of Korea (RoK)’s third largest trading partner, while the RoK has become the largest direct investor in the Southeast Asian nation.