Disbursement of FDI projects also rose by 9.8 per cent year-on-year to $2.58 billion, hitting a three-year record high. Notably, foreign investment in science and technology surged sharply, helping it for the first time rank third in the hottest sectors in the country’s FDI attraction. “The US, for example, invested some US$300 billion in foreign markets every year while the investment in Việt Nam was less than $1 billion,” Toàn said. According to experts, the inflows of high-quality investors, especially big names, will help Việt Nam solidify its position as a global manufacturing powerhouse besides appealing to many other big components suppliers to the country. “It is also necessary to put investment protection regulations in the laws since multinationals with high-tech projects are very interested in this.
Source: Viet Nam News March 11, 2019 04:41 UTC