Over the last decade, Viet Nam has become a top destination for investment in manufacturing thanks to lower labour costs, simpler supply chain integration, better free trade access, and relative political stability.
A conference entitled "Hai Phong city – North Vietnam''s new
manufacturing centre" took place in Bangkok, Thailand, on October 25 to
seek to attract more investments from Thailand and Japan.
GTNFoods (GTN) has increased its foreign holdings ratio to the maximum
level of 100 per cent. The company will also stop using its former name,
Thong Nhat Investment and Manufacturing JSC, and will now use GTNFoods
as its official name.
The total foreign direct investment (FDI) registered in the country
topped US$20.23 billion in 2014, according to the Ministry of Planning
and Investment''s Foreign Investment Agency.
The Foreign Investment Agency''s latest figures showed that disbursed
foreign direct investment (FDI) hit US$11.2 billion in the first 11
months of this year, rising 6.2 per cent year-on-year.
