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./.
The inflow of foreign direct investment into Vietnam hit 10.8 billion USD in January - April period, according to the Ministry of Planning and Investment
Vietnam attracted over 10.8 billion USD of foreign direct investment (FDI) in the first four months of this year, equivalent to 88 percent of the amount recorded in the same period last year, according to the Ministry of Planning and Investment.
The Vietnam Association of Foreign Invested Enterprises (VAFIE) released an annual report on foreign investment in Vietnam last year at a meeting in Hanoi on May 10.
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