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Vietnam approves strategy on foreign investment cooperation by 2030 | Business

Vietnam approves strategy on foreign investment cooperation by 2030 hinh anh 1Optrontec Vina, a Republic of Korea-invested company, in Ba Thien 2 Industrial Park, Vinh Phuc. Illustrative photo. (Source: VNA)

Hanoi (VNA) – Vietnam aims to raise the proportion of registered foreign investment flows from certain countries and territories to over 70 percent in the 2021 – 2025 period and 75 percent in 2026 – 2030.

 

The target is set in a 10-year national strategy on foreign investment cooperation recently approved by Deputy Prime Minister Pham Binh Minh.

The certain countries and territories comprise those from Asia (the Republic of Korea, Japan, Singapore, China, Taiwan (China), Malaysia, Thailand, India, Indonesia, and the Philippines); Europe (France, Germany, Italy, Spain, Russia and the United Kingdom), and the US.

The strategy also targets to increase the number of multinationals listed in Fortune Global 500 doing business in Vietnam by 50 percent by…

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