Foreign investors fulfill their commitments in the Vietnamese market.

On July 15, the Ministry of Planning and Investment held a conference to review the work of the first 6 months of the year and tasks for the last 6 months of 2024.

Conference on reviewing the work of the first 6 months and tasks for the last 6 months of 2024 of the Ministry of Planning and Investment. (Source: MPI)

Speaking at the Conference, Minister Nguyen Chi Dung shared that the socio -economic situation in the first 6 months of 2024 achieved many important, quite comprehensive and very encouraging results, completing and exceeding expectations of many targets and tasks.

The above positive results were achieved thanks to the drastic, synchronous, effective, and focused implementation of many tasks and solutions by all levels, sectors, and localities, especially the planning, investment, and statistics sectors.

The Minister emphasized: "The results achieved give us more confidence and expectation, new motivation to strive to achieve higher than the 2024 target set by the National Assembly , especially in terms of economic growth."

Notably, regarding foreign investment, the report of the Ministry of Planning and Investment emphasized that Vietnam's economy continues to prove its "attractiveness" to foreign investors.

Total registered FDI capital reached nearly 15.2 billion USD, up 13.1% over the same period in 2023, of which newly registered capital increased by 46.9%. Disbursed FDI capital reached 10.84 billion USD, up 8.2%, the highest increase over the same period last year in the past 5 years.

The Ministry of Planning and Investment affirmed: “This reflects foreign investors fulfilling their commitments in the Vietnamese market, and at the same time reflects the economy’s capacity to absorb and disburse investment capital. Promoting economic growth in 2024 and the following years.”

In the first 6 months of 2024, the Ministry has advised competent authorities to issue and promulgate under its authority many resolutions and decrees to remove difficulties for investment and business activities.

Along with that, it is promoting the disbursement of public investment capital, infrastructure construction and import and export; appraising national target programs and important national projects. Completing 45 major projects and reports in the field of State management.

Minister of Planning and Investment Nguyen Chi Dung speaks at the Conference. (Source: MPI)

In the last 6 months of the year, Minister Nguyen Chi Dung said that it is necessary to focus on discussing solutions for organizing the implementation of planning; building and implementing new laws and regulations on bidding and cooperatives.

Along with that is the solution to disburse public investment capital. Summarize and evaluate pilot and specific mechanisms and policies, clarify effective policies to advise on expanding the scope of application.

It is necessary to set higher requirements and improve the effectiveness of coordination between the planning, investment and statistics sectors with ministries, sectors and localities to organize the development of the 2025 plan. Prepare to summarize and evaluate the 5-year plan for 2021-2025 and the directions and tasks for the 2026-2030 period.

At the same time, focus on solutions to promote disbursement of public investment capital, set requirements for the development of the 2025 Public Investment Plan and the 2026-2030 medium-term plan. At the same time, propose amendments to legal regulations on public investment, management and use of ODA capital, foreign preferential loans, laws on investment under the public-private partnership model, laws on planning, etc.

The Minister emphasized: “It is necessary to discuss solutions to strongly promote startups, innovation, digital transformation, green transformation, and circular economy. Strengthen regional connectivity, promote the effectiveness of Regional Coordination Councils; promote economic restructuring, and enhance economic autonomy.”

Source: https://baoquocte.vn/bo-ke-hoach-va-dau-tu-cac-nha-dau-tu-nuoc-ngoai-thuc-hien-dung-cam-ket-tai-thi-truong-viet-nam-278794.html