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.

More than 80 Japanese businesses participated in a conference on trade and investment promotion in the central city of Da Nang on August 28.

The Prime Minister has agreed to assign the Airports Corporation of Vietnam (ACV) as an investor of Long Thanh International Airport project.

During the working visit to Japan from August 24-30, the Hanoi’s high-level delegation led by Chairwoman of the municipal People’s Council Nguyen Thi Bich Ngoc attended the “Fukuoka - Hanoi Promoting investment, trade and tourism 2015” seninar on August 26.

Hanoi will create favourable conditions for businesses to access and carry out projects in the capital efficiently as scheduled.

Hanoi People`s Committee will organise a conference on August 24 to promote investment in industry, real estate, trade and services, and social infrastructure.

Since the “Doi Moi” (reform) policy was initiated in Vietnam in 1986, the country has experienced a rapid economic boom and become a favourite destination of foreign investors, said the German-based Tagesschau in an article on August 9.

The Ministry of Planning and Investment`s Foreign Investment Agency said Vietnam has attracted in the first seven months of this year 7.4 billion USD in foreign direct investment (FDI), up 8.8% over the same period of last year.

Vietnam needs to complete economic market institutions while promoting administrative reforms and creating favourable conditions for foreign businesses to invest in the country to improve the business climate.

According to Euromoney, the Vietnam Global Investment Forum will be organised in Hanoi on September 9.

Twenty years after joining the Association of Southeast Asian Nations, Vietnam has become an attractive destination for investors from the region, the Vietnam Investment Review reported, adding that ASEAN investments have greatly contributed to fueling the country’s economic development.

The Indian Ministry of Commerce and Industry will push clearance for the structure to promote investments in Cambodia, Laos, Myanmar and Vietnam (CLMV), according to local newspaper.

Vietnam Minister of Agriculture and Rural Development Cao Duc Phat on July 21 held a working session with his Lao counterpart, Vilayvanh Phomkhe on measures to bolster agri-forestry cooperation between the two countries.

Singapore took the lead ASEAN investors in Vietnam with 1,428 projects and a total investment of 32.2 billion USD, accounting for 60% of the total in the first half of this year, according to recent report of the Foreign Investment Agency under the Ministry of Planning and Investment.

In the framework of the official visit to the US, speaking before the US business community at the US Chamber of Commerce headquarters in Washington D.C. on July 8 (local time), General Secretary Nguyen Phu Trong emphasized that Vietnam welcomes and encourages more US businesses to invest in the country.

Since the normalisation of relations 20 years ago, the US has built its share in Vietnamese market towards becoming the country’s top investor, considering the huge potential of the impending Trans-Pacific Partnership agreement and the birth of the ASEAN Economic Community later this year.

According to statistics from the Foreign Investment Department, as of June 20, Japan invested 37.7 billion USD in 2,661 projects in Vietnam. Hanoi is second in the top localities attracting to Japanese investments with 4.1 billion USD in 661 projects.

Vietnam will bring various new opportunities to Japanese businesses, Prime Minister Nguyen Tan Dung affirmed at a business forum of the five countries in the Mekong region in Tokyo on July 3.

According to the Foreign Investment Agency under the Ministry of Planning and Investment, the Republic of Korea surpassed 48 countries and territories to become the top investing country in Vietnam, with total registered capital worth 1.52 billion USD.

Prime Minister Nguyen Tan Dung attended a ceremony on June 23 to mark the completion of the first phase of construction of the Hoang Anh Gia Lai Myanmar Centre in Myanmar during his visit to the country to attend the 7 th Cambodia-Laos-Myanmar-Vietnam (CLMV) Summit and the 6th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit .

There has been a rising trend of Hanoians buying properties in central and southern provinces.