FDI into Latin America declines.

According to the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), foreign direct investment (FDI) in the Latin American region in 2023 reached over $184.3 billion, a decrease of 9.9% compared to 2022.

This decline is due to a 14% and 23% drop in FDI inflows into the region's leading economies, Brazil and Mexico. However, the Central America and Caribbean region saw significant FDI growth in 2023, with Costa Rica recording a 28% increase.

You may also like

Why is Russia repeatedly firing hypersonic missiles in Ukraine?(Dan Tri Newspaper) - Ukraine admits to shooting down Russia's powerful Zircon missile but suffers from a serious shortage of weapons capable of doing so, prompting Moscow to increase its attacks using this type of weapon.

Tensions in Hormuz are testing the fragile agreement between the US and Iran.Despite tensions in the Strait of Hormuz, a ceasefire between the US and Iran could be maintained if both sides gain strategic benefits.

China releases first images of its new generation fighter jet.The People's Liberation Army (PLA) of China has just released the first official images of an advanced fighter jet that experts believe is likely a sixth-generation fighter.

According to ECLAC Executive Secretary José Manuel Salazar-Xirinachs, FDI can help Latin America address challenges such as low-growth traps, instability, monopolies, inequality, social cohesion, and poor governance. Mr. Salazar-Xirinachs advised countries in the region to make greater efforts to sustain the effective development of FDI projects.

HOANG THANH

United States - Vietnam: Don't miss

Vietnam encourages US businesses to expand investment in high technology.On the morning of June 26th, at the Government Headquarters, Deputy Prime Minister Ho Quoc Dung received Mr. Jeff Place, Supply Chain Director of Coherent Group (USA). During the meeting, the Deputy Prime Minister affirmed that Vietnam encourages US businesses to expand investment, especially in high-tech, innovation, and semiconductor industries.

Encourage U.S. businesses to expand investment in high-tech sectors.Deputy Prime Minister Ho Quoc Dung said that Vietnam welcomes US businesses to continue expanding their operations in Vietnam, especially in high-tech industries and sectors with high added value.