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First-ever report on foreign investment in Vietnam released

An annual report on foreign investment in Vietnam, the first of its kind, was released at a ceremony in Hanoi on May 12.
First-ever report on foreign investment in Vietnam released ảnh 1Illustrative image (Source: vneconomy.vn)
Hanoi (VNA) – An annual report on foreigninvestment in Vietnam, the first of its kind, was released at a ceremony in Hanoion May 12.

The report was published by the Scienceand Technics Publishing House in coordination with the compiling council of theannual report on foreign investment in Vietnam.

It is expected to give an insight into foreign directinvestment (FDI) in Vietnam and issues that need to be tackled so as to raise theefficiency of FDI attraction and to serve socio-economic development, saidDr. Phan Huu Thang, former head of the ForeignInvestment Agency under the Ministry of Planning and Investment, and chairmanof the compiling council.

The report also analysed regional and global FDI trendsover the past three years, as well as opportunities and challenges to Vietnamin this regard, and gave recommendations to improve the efficiency of State managementover foreign investment.

Associate Prof. Dr. Tran Dinh Thien, member of theGovernment’s advisory group and former Director of the Vietnam Institute ofEconomics (VIE), noted that the report has satisfied a pressing need of Vietnam’sdevelopment process, and helped the world understand more about the country./.
VNA

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