In the 46 years since national reunification, Vietnam’s development has witnessed great strides with major contributions from foreign investment, which has been targeted to continue being an important driver of the domestic economy.

The Ministry of Industry and Trade (MoIT) has proposed removing the rule in a decree that says foreign investors are allowed to hold no more than 35% of shares in petroleum trading businesses.

Vietnam will lure more foreign investment in the high-tech industry by offering more incentives and amending requirements for high-tech businesses.

The country needs to well prepare for conditions to compete with its rivals in attracting foreign investment.

Despite the recent resurgence of the COVID-19 pandemic, the majority of foreign businesses remain optimistic for 2021 with some expansion plans.

Vietnam’s effective control over the COVID-19 pandemic along with it signing a host of new free trade agreements has resulted in many global tech giants shifting their investment to the country.

The wave of high-tech companies investing billions of US dollars in Vietnam is already materialising, raising the question for the country on exactly how to absorb all the incoming capital.

HCM City is seeking foreign investment over the next five years for seven major projects, including four metro lines.

Foreign investors had poured more than $28.5 billion into the Vietnamese market as of December 20, equivalent to 75 percent of the amount in the same period last year.

While most investors in the world are still focusing on the pandemic and its impact on global markets, South Koreans in Vietnam have other issues to worry about as they are preparing to tackle one of the biggest business challenges:

Vietnam needs support from international partners to cope with losses due to climate change and the COVID-19 pandemic, according to an official from the Ministry of Agriculture and Rural Development (MARD).

Vietnam had attracted a total of 26.43 billion USD in FDI this year as of November 20, equal to 83.1 percent of the figure in the same period last year, according to a recent report from the Ministry of Planning and Investment.

Vietnam had attracted a total of $26.43 billion in FDI this year as of November 20, equal to 83.1 percent of the figure in the same period last year, according to a recent report from the Ministry of Planning and Investment.

Foreign direct investment (FDI) inflows in Vietnam are set to record strong growth as the world moves past the novel coronavirus (COVID-19) epidemic, with plenty of investment coming from overseas Vietnamese, according to insiders.

ASEAN countries need to choose between recovery based on wasteful competition for investment or coordination, cooperation, and joint hands to generate sustainable tax revenue to spend on health, education,

Vietnam is determined to develop the economy in depth and shorten the time it takes to become a country with a high average income. To achieve this goal, the external force is important, but the internal one is the key decisive factor.

Vietnam has tremendous opportunities to attract foreign investment as global companies are seeking for a destination promising continuity, World Bank Country Director for Vietnam Carolyn Turk said.

Despite expectations to the contrary, Vietnam’s existing rules easing access to conditional business lines in civil aviation have been unable to improve the sector’s investment picture, 

Vietnam attracted US$23.48 billion worth of FDI in the first 10 months of this year, equal to 80.6 per cent of the figure in the same period last year, the Ministry of Planning and Investment (MPI) has reported.

The number of foreign investment projects in Vietnam's education sector have increased by 321 compared to five years ago, the registered capital has also increased by over US$3.5 billion.