We have been through more than 30 years of Doi moi (Renewal) and it almost as many years since the Law on Foreign Direct Investment (FDI) was issued. Since then, the FDI sector has affirmed the major role it plays in the...
Viet Nam has challenges to tackle if it wants to achieve economic targets and deeply integrate into the world''s economy in the context of new trade agreements.
Private firms should be more dynamic in developing linkages and
production chains to sharpen competitive edges as the country was
underway to integrate deeply into the global economy.
Despite 30 years of renewal, positive changes in its economy, and at one
time bearing the tag of "Asia''s Next Dragon", Viet Nam''s position in
global rankings has not improved to any great extent.
Newly registered and additional foreign direct investment (FDI) capital
in Viet Nam totalled US$20.8 billion in the first 11 months of the year,
representing a 54.2 per cent rise year-on-year.
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.