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Vietnam – safe destination for high-quality FDI: expert

Vietnam is considered a good land for high-quality foreign direct investment (FDI) influx in post-pandemic period, according to a foreign expert.
Vietnam – safe destination for high-quality FDI: expert ảnh 1Rice for exports (Photo: VNA)

Hanoi (VNA) – Vietnam is considered agood land for high-quality foreign direct investment (FDI) influx in post-pandemicperiod, according to a foreign expert.

Era Dabla-Norris, chief of the InternationalMonetary Fund (IMF) delegation in charge of Vietnamese issues, said PrimeMinister Nguyen Xuan Phuc’s decision to set up a special working group on FDIattraction to welcome the wave of shifting production to Vietnam after thepandemic was very praiseworthy. 

It showed the Government’s thoroughunderstanding of FDI’s importance and contribution to productivity and economicgrowth, she went on.

Vietnam’s efforts to improve the legal frameworkfor FDI attraction could help the Southeast Asian country lure high-qualityprojects in the coming time, she believed.

According to the IMF expert, many largeinternational corporations are seeking investment opportunities to diversifytheir supply chains. 

Vietnam has emerged as one of the brightestcandidates to welcome this capital flow thanks to its success in COVID-19prevention and control.

In addition, the positive economic prospectsafter reopening, the large population size and the increasing number of peoplejoining the middle class are also favourable factors helping Vietnam attractinvestment, she added./.
VNA
#high-quality foreign direct investment #FDI #International Monetary Fund (IMF) #Vietnamplus #Vietnam News Agency
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