WORDS ON THE STREET 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.

RELATED NEWS
TAG: FDI Vietnam foreign businesses Covid-19 pandemic
Other news
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.
16:27, 2024/08/24
Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
20:15, 2024/08/11
Growing number of FDI firms moving to Vietnam
Over the past 20 years, Vietnam has emerged as a significant manufacturing hub, deeply integrated into global supply chains.