More than 120 large corporations wish to invest in Vietnam

Update: 08:13 | 01/10/2020

Deputy Minister of Foreign Affairs Bui Thanh Son said that more than 126 large corporations that are shifting their investments are looking to invest in Vietnam.

The diplomat made the statement at a seminar held between Vietnam’s chief representatives abroad for the 2020-2023 term and the Committee for the Management of State Capital at Enterprises in Hanoi on September 29.

120 large corporations, invest in Vietnam, important tasks,  economic diplomacy, trade and investment cooperation, major economic corporations

At the seminar held in Hanoi on September 29.

Deputy Minister Son said that one of the important tasks of Vietnam’s chief representatives abroad is economic diplomacy, towards the promotion of trade and investment cooperation between Vietnam and other countries.

He noted that Vietnam is now a bright spot in investment attraction that is appreciated by many countries and major economic corporations in the world and the movement in the global investment chain is heading to Vietnam.

Through the reviews by Vietnamese representative agencies abroad, more than 126 large corporations are relocating their investments and wish to invest in Vietnam. This is a big opportunity for Vietnam to foster investment cooperation and select high-quality investment inflows, Son added.

Chairman of the Committee for the Management of State Capital at Enterprises Nguyen Hoang Anh said that the Vietnamese Government is boosting the equitisation and divestment of State-owned enterprises, thus the attraction of foreign investment capital is of great significance.

Amid the serious impacts of the Covid-19 pandemic on the global economy, the connection of domestic enterprises with Vietnam’s chief representatives abroad is also important, thus helping enterprises to take advantage of opportunities, promote foreign trade activities, and attract investment, Anh noted.

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Source: NDO

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