General Secretary of the Communist Party of Việt Nam (CPV) Central Committee Tô Lâm on Tuesday received General David Petraeus, a Partner at the Kohlberg Kravis Roberts (KKR) global investment firm and Chairman of the KKR Global Institute.
From January to October, the manufacturing and processing sector attracted the lion''s share of foreign investment with $17.1 billion, down 14 per cent year-on-year, which is equivalent to 62.6 per cent of the total.
To reach this goal, the province is taking measures to improve the business environment, enhance workforce quality and promote investment opportunities.
The total registered foreign direct investment (FDI) in Việt Nam reached nearly US$21 billion as of August 31, up 7 per cent over the same period last year.
The department''s director Nguyễn Hữu Nguyên said new projects came from countries and territories such as South Korea, Taiwan (China), Japan and Singapore.
Aside from harnessing domestic resources, it is important to attract foreign investment to optimise the potential and advantages of ethnic minority and mountainous areas, according to experts.
Hải Phòng is considered a bright spot in luring foreign capitals and is among the top localities in the country in foreign investment attraction, Head of the Hải Phòng Economic Zone Authority (HEZA) Lê Trung Kiên told a conference in the city on Tuesday.
The capital secured US$17.3 million from 19 new FDI projects, $70.7 million from seven existing projects'' increasing their capital and $10.6 million from 19 foreign investors'' capital contributions and share buying.
According to the report, foreign investment inflows into Việt Nam in the reviewed period also saw a modest increase of 4.5 per cent to nearly $9.27 billion.
FDI has been a major growth driver for the Vietnamese economy and is expected to continue the upward trend in the context of rising demand for diversifying the supply chain of multinational manufacturers, in which Việt Nam has increasing appeal...