As of September 20, FDI inflows into Vietnam increased by 4.4 percent year-on-year to 22.15 billion USD, reported the Foreign Investment Agency under the Ministry of Planning and Investment.
Vietnam reeled in more than 19 billion USD from FDI attraction in the first eight months of this year, according to the Ministry of Planning and Investment.
Representatives of foreign invested enterprises and business associations in the central city of Da Nang have made a number of proposals to the city on measures to recover production, one of which is to speed up COVID-19 vaccination for workers, in the hope of quickly resuming full production.
Recent announcements made by foreign investors on additional investment to expand production in Vietnam reflect their trust in Vietnam’s prospects for economic recovery, reported the Dau tu (Investment Review) newspaper.
Despite a decrease in foreign direct investment (FDI) inflows into Vietnam in recent months due to the impact of the COVID-19 pandemic, economists assessed Vietnam remains attractive to foreign investors and needs to take advantage of FDI attraction opportunities to boost economic growth.