High FDI disbursement and prospects for attracting high-tech giants

With foreign direct investment (FDI) disbursement reaching a record high of approximately US$25.35 billion last year, strong FDI inflows are expected into Vietnam this year, particularly in the manufacturing and high-tech sectors, according to insiders.

Nguyen Thi Huong, general director of the General Statistics Office (GSO), pointed out that the high FDI disbursement shows the confidence of foreign investors in the local business environment. It also demonstrates that the FDI sector has been increasingly making significant contributions to the country’s overall economic growth.

Keep reading…