Thirdly, Viet Nam should not compete with other countries to court more foreign capital by only offering investment incentives, as this can distort resource allocation and will not have a meaningful impact in the long run. The country will be more attractive to foreign investors if it can correct its weaknesses and shortcomings, such as improving the capacity of capital absorbency, perfecting logistics infrastructure, upgrading workers’ skills and ability, and reforming institutions. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
Foreign investment act
Don Lam, co-founder and CEO of investment fund VinaCapital, said the COVID-19 crisis exposed serious weaknesses in many supply chains around the world, and the WTO predicts that the pandemic to cause a 30 per cent fall in global FDI flows. The world has in fact been slowly de-globalising since the financial crisis of 2008, he said. … [Read more...] about Vietnam expects imminent new wave of foreign investment
In an article published on the website of the Ministry of Foreign Affairs of the Czech Republic, he noted that the revised law, which is to take effect at the beginning of 2021, will improve conditions and incentives for foreign investors. … [Read more...] about Czech expert lauds changes in Vietnam’s foreign investment attraction policy
Can Vietnam could take advantage of new foreign investment strategies? Over the past few decades, many companies worldwide have come to China, seeking a place to set up production bases and do business as they were lured by the country’s low labour costs and enormous domestic consumer market, … [Read more...] about Working group established to promote foreign investment in Vietnam
Employees of an FDI firm are seen at work. Up to 12 provinces in Vietnam did not attract any new valid FDI projects from January to July – PHOTO: LE HOANG HCMC – Up to 12 provinces in Vietnam— Ninh Thuan, Cao Bang, Quang Tri, Quang Binh, Ca Mau, Dien Bien, Kon Tum, Gia Lai, Son La, Soc Trang, Khanh Hoa and Dong Thap—did not record any new foreign direct investment (FDI) projects during the first seven months of this year, according to a report of the Foreign Investment Agency under the Ministry of Planning and Investment. … [Read more...] about Many localities attract no foreign investments in Jan-Jul