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Vietnam's economy continues to 'attract' foreign investors

Tạp chí Doanh NghiệpTạp chí Doanh Nghiệp15/07/2024


DNVN - According to the Ministry of Planning and Investment , Vietnam's economy continues to prove its "attractiveness" to foreign investors. In the first 6 months of the year, foreign direct investment attraction increased significantly, with total registered capital reaching nearly 15.2 billion USD, up 13.1% over the same period in 2023.

The report on the direction and operation of the first 6 months of the year and the implementation of tasks for the last 6 months of 2024 of the Ministry of Planning and Investment said that in the first 6 months of 2024, the Ministry 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.

Delegates summarize the activities of the planning and investment sector in the first 6 months of 2024.

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. In the first 6 months of the year, foreign direct investment (FDI) attraction increased significantly.

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.

“This reflects that foreign investors are fulfilling their commitments in the Vietnamese market, and also reflects the economy’s capacity to absorb and disburse investment capital, promoting economic growth in 2024 and the following years,” the report emphasized.

Minister of Planning and Investment Nguyen Chi Dung said that in the last 6 months of the year, 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.

Minister Nguyen Chi Dung.

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.

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.

“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,” said Mr. Dung.

Hoai Anh



Source: https://doanhnghiepvn.vn/kinh-te/chinh-sach/kinh-te-viet-nam-tiep-tuc-hap-dan-nha-dau-tu-nuoc-ngoai/20240715041022276

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