European businesses optimistic about Vietnam's trade and investment environment

Chia sẻ

(VOVWORLD) - European businesses are more optimistic about Vietnam's trade and investment environment as Vietnam attracted 31 billion USD of foreign direct investment in 2021, up 9% from 2020, and the processing and manufacturing industry attracted more than 18 billion USD.

A recent survey showed that up to 58% of European business leaders are predicting Vietnam’s economic growth in the first quarter of this year will gain 8 more points compared to the previous period. Do Nhat Hoang, Director of the Foreign Investment Agency under the Ministry of Planning and Investment, said investment projects in Vietnam are aiming for high added value.

He said he believes that Vietnam will receive more attention from investors who are, at present, interested in processing and manufacturing industry. "We are moving towards a high value-added, highly pervasive industry and bringing businesses to join supply chains and value chains", Hoang added. 

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