70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Investment / News
Foreign businesses continue to expand investment in Vietnam
Ngoc Mai - Tu Anh 18:18, 2021/10/21
The Government has set up taskforces specialized in addressing concerns of businesses that have been severely affected by the pandemic.

Foreign investors continue to show strong commitments to doing business in Vietnam and have been expanding their presence in the country.

 Spokesperson of the Ministry of Foreign Affairs Le Thi Thu Hang. Source: MoFA

Spokesperson of the Ministry of Foreign Affairs Le Thi Thu Hang gave the statement in a monthly press conference held today [October 21].

“Vietnamese authorities stand ready to provide the maximum support to foreign businesses and investors and get all economic activities back to normal and avoid possible disruption in the supply chains,” Hang said.

Hang added the Government has set up multiple taskforces specialized in addressing concerns of businesses who have been severely affected by the pandemic.

As of September 20, Vietnam attracted over US$22.15 billion in FDI commitments, an increase of 4.4% year on year. Of the total, foreign investors registered over 1,200 fresh projects with total registered capital of $12.5 billion, down 3.78% in project number but up 27.6% in value against the same period of last year.

According to Hang, drastic measures from the Government and the active response of the public have gradually put the pandemic situation in Vietnam under control.

Hang referred to the Government’s recently issued resolution No.128/NQ-CP on October 11 on safe and flexible adaptation to the pandemic by saying the Government aims to soon get socio-economic activities back to the new normalcy as soon as possible.

“The goal is to ensure a single Covid-19 strategy being adopted nationwide right in 2021 to avoid inconvenience for the people and businesses,” Hang said.

TAG: FDI Vietnam foreign businesses Covid-19 pandemic
Other news
16:36, 2024/04/29
Over US$4.6 billion poured into Vietnamese startups in past decade
Technological innovation has become an important factor driving Vietnam's sustainable economic development amid the uncertain global economic issues.
19:59, 2024/04/23
Nvidia, FPT invest US$200 million in AI factory
Nvidia will help local businesses in accelerate digital transformation and make Vietnam an AI powerhouse.
12:23, 2024/04/08
US-based Rosen Partner to invest in world-class entertainment complex projects in Vietnam
The project is expected to crystallize and showcase Vietnam's unique cultural values to the world.
15:07, 2024/03/13
Foreign capital set to dominate Vietnam’s M&A landscape
The positive trend of foreign capital in the M&A market this year follows the momentum of 2023, where the top five largest deals involved foreign investors.
19:51, 2024/03/04
Samsung to invest US$1 billion annually in Vietnam
Samsung's R&D center currently employs 2,400 engineers, with Vietnamese engineers playing a crucial role in researching AI features for the new Galaxy S24 phone series.
15:05, 2024/02/29
Thai bank acquires Vietnamese finance company
Thailand's fourth-largest bank has agreed to acquire all the equity of Home Credit Vietnam for US$865 million.