Vietnam: Registered FDI reached US$4.29 billion in first two months of 2024

HANOI: Vietnam’s economic strength is reflected in controlled macroeconomic indicators. The country has increasingly affirmed and strengthened its important role in multinational corporations’ supply chain diversification strategy. 2024 will be the y…


HANOI: Vietnam’s economic strength is reflected in controlled macroeconomic indicators. The country has increasingly affirmed and strengthened its important role in multinational corporations’ supply chain diversification strategy.

2024 will be the year for foreign investors to seize opportunities and implement high-tech foreign direct investment (FDI) projects in Vietnam, Vietnam News Agency (VNA) reported.

Nguyen Bich Lam, former Director-General of the General Statistics Office, has granted an interview to Vietnam News Agency on the picture of FDI attraction and solutions to improve capacity and motivation to promote economic growth in the coming time.

The expert said in the first two months of the year, registered FDI reached US$4.29 billion, up 38.6% compared to the same period in 2023. The amount of FDI disbursement reached US$2.8 billion, an increase of 9.8% year-on-year.

Source: Emirates News Agency

Previous Article

India elected Co-Chair of ITU Digital Innovation Board

Next Article

Muslim Council of Elders: Ten years of building a culture of tolerance, human coexistence

Related Posts

US stocks close higher as markets await Fed decision

US stocks closed with gains Tuesday as markets await a key decision from the Federal Reserve. The central bank could keep interest rates unchanged after the conclusion of a two-day meeting Wednesday as the American banking industry has been rattled wi...