The event provided a platform for Vietnam to showcase its semiconductor potential and reaffirm its commitment to developing high-tech industries and strengthening international cooperation.

By creating a large number of jobs and promoting a green economy, the initiative is important in establishing Vietnam as a global hub for the circular textile sector.

Market size, growth potential, low labor costs, and stable political and social conditions continue to be Vietnam’s selling points in attracting foreign investors.

Vietnam remains huge opportunities for foreign investors, while Jardine Matheson would continue to explore investment options in the country’s priority sectors, said the UK-based conglomerate’s executive.

The weak linkage between the FDI businesses and the private sector may put the economy in a vulnerable situation, when foreign investors may leave the country easily once things turn bad, an expert has said.

Vietnam’s market is driven by young people who have higher spending on food and consumer products.

In 2018, the outstanding corporate bonds of these banks reached VND149.4 trillion (US$6.5 billion), down slightly by 0,8% against the end of 2017 and accounted for 4% of the banking system’s total credit.

Hanoi would support the development of three to five innovative startup incubators in the 2019 – 2025 period.

An additional 15% tariff was imposed on 3,243 items, including many consumer goods like clothing and watches, prompting companies across a wide range of industries to consider shifting production to Vietnam and other Southeast Asia nations.

Southeast Asia`s startup space has been led by Indonesia and Singapore, which claim six of the eight regional unicorns. Vietnam, however, "certainly has the potential to establish itself as Southeast Asia`s next leading startup ecosystem,” noted a joint research by ESP Capital and Cento Ventures.

Vietnam could become a variant of Silicon Valley of Asia in the near future, according to CPO of TiKi Sakshi Jawa.

With manufacturing moving to Vietnam, with more employment getting created there, people having higher disposable income, that starts a trend of consumption story, said executive at US investment firm General Atlantic.

The Vietnam production lines will be a key part of Google`s drive for growth in the smartphone market, aiming to ship some 8 - 10 million smartphones this year, double from a year ago, sources told Nikkei.

The OPEC Fund for International Development expects to become Vietnam’s credible partner in development, said the fund’s executive.

As of August 20, 540 new projects have been approved with total commitments of US$284 million in the eight-month period, while 130 existing projects have been injected an additional US$362 million.

FDI commitments in the January – August period reached US$22.6 billion, down nearly 7% year-on-year.

Having started operations in 2017, the 39.4-megawatt Dam Nai Wind facility is one of the first wind power projects in Vietnam to have been successfully brought online.

With a total investment of VND4.7 trillion (US$202.3 million), the airline plans to add six planes on average per year to expand its fleet to a total of 36 by 2025.

The disbursement of domestic capital in the January – July period reached 35% of the year’s plan, while that of foreign capital was much lower, at 8.6%.

The plant would cover an area of 300 hectares with production capacity of 1.5 million tons of ferrochrome carbon per year in phase 1, as well as one million tons of stainless steel and one million tons of non-ferrous metals per year in phase 2.

Vietnam, along with Singapore and Indonesia, has been named as the top countries where organizations see Belt and Road Initiative opportunities, according to PricewaterhouseCoppers.

As of the end of 2018, 376 companies had listed shares on the HNX worth VND127 trillion (US$5.48 billion), up 7.77% year-on-year.

Since last June, 33 listed Chinese companies have informed China`s two stock exchanges of their plans to follow their foreign counterparts out of the country to mitigate the prolonged trade war between China and the US.