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 can expect to encounter numerous difficulties in attracting foreign direct investment (FDI) in 2014, according to the Ministry of Planning and Investment and Planning.

Foreign investors bought more than VND6,800 billion, or US$325 million in stocks in Viet Nam, up more than 55% from 2012, according to the State Securities Commission of Viet Nam.

Hanoi has set a goal of attracting US$1.3 billion in foreign direct investment (FDI) in 2014, despite failing to meet its annual FDI targets over the past two years.

The Government has recently issued a resolution on raising maximum holdings of a foreign strategic investor in a Vietnamese credit institution.

Despite 2013’s economic difficulties, Vietnam attracted more than US$21 billion in registered foreign direct investment (FDI), a 54.5% improvement on 2012. But experts warn the country risks lagging behind without stronger efforts at reform.

The Government has recently issued a decree on re-registration and transformation of foreign direct investment (FDI) businesses and changes of business co-operation contract (BCC) projects.

Viet Nam is one of the world’s top nine remittance-receiving countries, with some US$11 billion in 2013, a year-on-year rise of 4.7 percent.

Vietnam lured a total of US$21.6 billion in foreign direct investment (FDI) in 2013, a year-on-year increase of 54.5%, according to the Foreign Investment Agency.

The People’s Committee of central Thua Thien- Hue province has decided to invest VND9 billion to restore and develop its traditional craft villages between 2014 and 2015.

More than one hundred representatives from economics institutes and Central Highland provinces gathered at an economic forum in La Lat city, Lam Dong province, on December 29.

Vietnam’s 126 investment projects totally capitalised at US$3.023 billion had been licensed in Cambodia by October 2013.

Cambodian PM Hun Sen has affirmed his government will create a favourable business environment for Vietnamese investors in the country.

Vietnam’s overseas investment aims to boost its economic growth and raise its prestige on the international market. However, it remains limited.

The foreign direct investment (FDI) sector gained a trade surplus of around US$ 14 billion in 2013, according to the General Statistics Office (GSO).

Philippe L. Ahoua, the International Finance Corporation’s (IFC) Asia Pacific Region Treasury Client Solutions Spokesperson, has detailed the corporation’s intentions to invest in Vietnamese small and medium-sized enterprises (SMEs) in the near future.

Central provinces have attracted 66 new FDI projects capitalized at nearly US$1.5 billion, bringing the total amount of investment capital to US$25.5 billion.

Commercial banks are expecting a sharp increase in overseas remittances as 2013 draws to a close, estimating a yearly total approaching US$11 billion.

Deputy Prime Minister Nguyen Xuan Phuc has highlighted north-western Vietnam’s 25.6% poverty rate - triple the national average - while speaking at a December 14 conference on promoting investment in the region.

Dutch Minister of Infrastructure and the Environment Schultz Van Hagen on December 16 handed over the “Mekong Delta Project” to Viet Nam at a High level meeting on a shared framework for Mekong Delta Development.

Member countries of the Greater Mekong Sub-region (GMS) are unanimous in drawing up a list of potential projects worth US$50 billion under a new Regional Investment Framework (RIF) agreement.