Processing pineapples at a plant in An Giang (Photo: VNA)
Of the 613 foreign-invested projects in 18 sectors licensed this year, electricity production and distribution ranked second in terms of FDI attraction with more than 5.4 billion USD, or over 38 percent of the total, followed by real estate with over 1 billion USD.
Head of the Ministry of Planning and Investment (MoPI)'s Foreign Investment Agency Do Nhat Hoang said FDI flows to key areas such as energy and manufacturing and processing are evidence of Vietnam's stability and prestige in FDI attraction.
Minister of Planning and Investment Nguyen Chi Dung recently issued a decision removing 58 administrative procedures in investment, thus helping enterprises save time and money.
The MoPI also announced 65 new administrative procedures in investment from the central to provincial levels, creating favourable conditions for investors.
- Ethiopia: Bringing Sustainable Economy Via Promoting FDI
- Africa: Foreign Doctorates Are Attractive
- Ethiopia: Persecution of Ethnic Amharas Will Harm Reform Agenda
- Ethiopia: Industrial Parks for Industrial Transformation
- South Africa: Minster Jeff Radebe
Manufacturing and processing sector playing key role in FDI attraction have 194 words, post on dtinews.vn at June 21, 2021. This is cached page on Talk Vietnam. If you want remove this page, please contact us.