Việt Nam has been overly reliant on FDI businesses and the country needs to pivot towards a comprehensive industrial ecosystem to support the development of domestic industries, said industry leaders and policymakers.
Streamlining paperwork and saving time for investors is a key in creating a smooth pathway for investors flocking to Đà Nẵng and a stable investment environment for all enterprises.
More Vietnamese businesses are investing in the robot manufacturing industry as demand for such products is growing rapidly in Viet Nam, experts have said.
Prime Minister Nguyen Xuan Phuc emphasised the important role of the Ministry of Planning and Investment (MPI) and asked it to take the initiative in solving development conundrums while addressing a conference in Ha Noi on Thursday.
The country''s trade deficit was estimated at US$200 million in June,
with the total export turnover being $12.1 billion and that of imports
being $12.3 billion.
Việt Nam enjoyed a trade surplus of US$12 million in the first nine
months of this year, with export turnover of over $96.27 billion and
import value of $96.26 billion.