HCM City''s preferential policies for the support industry in recent years has helped companies expand and secure contracts as suppliers with foreign-invested companies.
Viet Nam is among the top countries in attracting foreign direct investment in the Asia-Pacific region, but the rate of domestic small and medium-sized enterprises participating in the value chains of foreign-invested companies is rather low.
Foreign-invested companies in the southern region are speeding up investments and preparing for opportunities as Viet Nam is poised to join the Comprehensive and Progressive Agreement for Tran-Pacific Partnership (CPTPP).
Debts and non-performing loans of foreign-invested companies would now be also on the radar of the Debt and Asset Trading Company (DATC), Pham Manh Thuong, DATC’s general director, said at a Ministry of Finance press conference on Tuesday.
The ratio of individual animal farmers has significantly declined in the southern province of Dong Nai in the last two years, with foreign-invested companies often replacing them.
In a move widely regarded as a welcoming message from the National
Assembly to foreign investors, the Vietnamese government recently passed
an amendment to Article 170 of the Law on Enterprises.