Ministry of industry and trade

Ford Viet Nam was one of the firms most affected by the first wave of COVID-19 in the auto industry. Its plant in northern Hai Duong Province was invested US$82 million for expansion at the beginning of this year and was expected to be complete in the middle of 2022. Due to the pandemic, since March 27, production activities had to be halted for social distancing. Many foreign experts have yet to come to Viet Nam to work for the firm. After the pandemic subsided, the factory was back in operation in mid-July. … [Read more...] about Auto firms urged to have suitable business plans amid COVID-19

Don Lam, co-founder and CEO of investment fund VinaCapital, said the COVID-19 crisis exposed serious weaknesses in many supply chains around the world, and the WTO predicts that the pandemic to cause a 30 per cent fall in global FDI flows. The world has in fact been slowly de-globalising since the financial crisis of 2008, he said. … [Read more...] about Vietnam expects imminent new wave of foreign investment

Other members are from the Ministry of Planning and Investment; the Government Office, the Ministry of Foreign Affairs; the Ministry of Public Security; the Ministry of Finance; the Ministry of Industry and Trade; the Ministry of Agriculture and Rural Development; the Ministry of Science and Technology; the Ministry of Culture, Sports and Tourism; the Ministry of Labour, Invalids and Social Affairs; the Ministry of Information and Communications; and the State Bank of Vietnam. … [Read more...] about Working group established to promote foreign investment in Vietnam