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Home Vietnam

Vietnam remains attractive destination for foreign investors

WNAM: by WNAM:
March 23, 2024
in Vietnam
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Vietnam remains attractive destination for foreign investors
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Hanoi(WNAM Monitoring): Vietnam’s economic strength is reflected in controlled macroeconomic indicators and the country has increasingly affirmed and strengthened its important role in the supply chain diversification strategy of multinational corporations. 2024 will be the year for foreign investors to seize opportunities and implement high-tech foreign direct investment (FDI) projects in Vietnam.

Nguyen Bich Lam, former General Director of the General Statistics Office has granted an interview to Vietnam News Agency on the picture of FDI attraction and solutions to improve capacity and motivation to promote economic growth in the coming time.

The expert said in the first two months of the year, registered FDI reached 4.29 billion USD, up 38.6% compared to the same period in 2023.  The amount of FDI disbursement reached 2.8 billion USD, an increase of 9.8% year on year.

Lam acknowledged that in the context of uncertainties and fierce strategic competition, the fragmented world economy has reduced and reshaped international investment flows, however, the country is still an attractive market for foreign investors, because its economy has recovered and developed in a relatively stable fashion.

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