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Foreign direct investment increased sharply

Việt NamViệt Nam02/06/2024

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Since the beginning of the year, foreign investors have invested in 47 provinces and cities nationwide. The disbursed capital of foreign investment projects reached US$8.25 billion, an increase of 7.8% compared to the same period last year. This result affirms the attractiveness of Vietnam's investment environment and is a plentiful source of foreign currency for the economy .

Many localities across the country have proactively and diligently prepared conditions to attract investment, such as clean land, human resources, renewable energy, and administrative procedure reforms. Foreign investors also believe that good infrastructure, a stable workforce, efforts in administrative reform, and dynamism in investment promotion are important factors contributing to attracting foreign investment. Many large domestic and international economic organizations have recently predicted that Vietnam's GDP growth in the second quarter and this year will be among the "fastest-growing countries," thereby contributing to the overall growth of the Asian region.

Source: THNM News Bulletin, June 2nd, 2024


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