NA Committee on Science, Technology and Environment and the Vietnam Chamber of Commerce and Industry (VCCI) yesterday held a meeting to collection opinions and proposals for the new draft Telecoms Law (amended).
Vietnam is assessed to have plenty of room to compete for foreign direct investment (FDI) against major competitors in the current global production shift, said Nguyen Bich Lam, former Director General of the General Statistics Office.
The total foreign investment capital in Vietnam in the first three months of this year was US$10.13 billion. According to many foreign enterprises, Vietnam is still the country with the safest and most attractive investment environment in Asia in the coming years. Meanwhile, many domestic enterprises complained that “there were still many thumbtacks under the red carpet".
37 Japanese enterprises had decided to invest in Vietnam. This is the latest information that the Japan External Trade Organization (JETRO) released at the end of December this year. According to analysts, not only Japanese enterprises but many foreign enterprises from Europe, the US, Singapore, and South Korea also choose Vietnam as their investment destination. It has made Vietnam become the safest and most attractive destination for foreign investors in 2021.
Mr. Nguyen Thanh Phong, member of the Central Party Committee, Chairman of the People's Committee of Ho Chi Minh City, on November 3 chaired a meeting on economic, cultural, and social situation and national defense and security in October and the first ten months of the year, and deploy missions and solutions for November.
As of early September this year, the total foreign investment in Vietnam reached US$19.5 billion, down 13.7 percent over the same period last year. However, among 1,797 newly-licensed projects, the registered capital reached $9.7 billion, up 6.6 percent in registered capital over the same period last year. This shows that the new-generation investment attraction policies have been gradually brought into play.
The representative of Samsung Vietnam recently confirmed that it is not true that Samsung may transfer a part of its smartphone production from Vietnam to India. Samsung's factories located in Bac Ninh and Thai Nguyen provinces are operating normally and Samsung Vietnam continues to be the group's global production base.