Representatives from organisations and agencies at the book launching ceremony. (Photo:VNA) Hanoi (VNA) – The Vietnam - Myanmar FriendshipAssociation and the International Investment Research Institute (ISC) on May 31launched a book on Vietnam’s direct investment abroad and in Myanmar.
The book, the first featuring Vietnam's outward direct investment (ODI), provides necessary information for Vietnamese state management agencies andbusiness community, especially those that have been planning to investabroad, to be more aware of the role of ODI fordeveloping countries like Vietnam.
It also reviews Vietnam's overseas investment in the the 1999-2022 period and gives recommendations to the Government on orientations and solutions to promote the ODI in line with the country's socio-economicdevelopment strategy from now to 2030.
In the appendix, in addition to the opinions of experts andmanagers on overseas investment experience, the authors introduce the analysisand assessment of the investment environment of some countries that are major strategic partners of Vietnam for readers' reference.
The book consists of four chapters: outwardinvestment activities in the world; overview of Vietnam's overseasinvestment; Vietnam's direct investment in Myanmar; and orientationsand solutions to promote Vietnam's investment overseas and in Myanmar.
Chu Cong Phung, Chairman of the Vietnam - Myanmar FriendshipAssociation, said that Myanmar boasts great potential, opening up long-termopportunities for Vietnamese investors despite difficulties in the country.
President of the Vietnam Union of Friendship OrganisationsAmbassador Nguyen Phuong Nga said that the book is useful for Vietnamesepolicymakers and businesses, especially those who are looking to invest abroad,including Myanmar. Through the book, Vietnamese businesses will have access to a lot ofuseful information from which they can make successful, and effective investment decisions./.
