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Provinces and centrally-run cities in the Southern Key Economic Zone are now more selective in attracting foreign direct investment (FDI) by giving priority to high-tech, environmentally-friendly and less labour-intensive projects.
With ASEAN expected to see a brighter investment outlook ahead, further facilitation of a more competitive facilitation environment leveraged by trade deals is helping Vietnam attract more funding from nations such as Thailand, Singapore, and Japan.
Prime Minister Pham Minh Chinh met with his Singaporean counterpart Lee Hsien Loong on the sidelines of the ongoing 42nd ASEAN Summit in Labuan Bajo, Indonesia, on May 10.
LABUAN BAJO (Vietnam News/Asia News Network): Vietnamese Prime Minister Phạm Minh Chính met with his Singaporean counterpart Lee Hsien Loong on the sidelines of the ongoing 42nd Asean Summit in Labuan Bajo, Indonesia, on Wednesday (May 10).
Singapore firms in Jiangsu are attracted by its preferential policies, lush natural environment and proximity to major cities. Read more at straitstimes.com.