Investors consider Vietnam as safe investment destination after COVID-19
Many investors have considered Vietnam as a safe investment destination with a lot of advantages after the COVID-19 pandemic is pushed back, heard a meeting of permanent government members chaired by Prime Minister Nguyen Xuan Phuc in Hanoi on May 22.
Hanoi (VNA) - Many investors have considered Vietnam as a safe investment destination with a lot of advantages after the COVID-19 pandemic is pushed back, heard a meeting of permanent government members chaired by Prime Minister Nguyen Xuan Ph🌼uc in Hanoi on🐽 May 22.
The meeting also saw the attendance of leaders from several ministries, sectors and provinces and cities which have attracted large sums of foreign direct investment (FDI), and economic experts. According to experts, the investment flow is expected to be poured into four industries: information technology and high technology, electronic equipment, e-commerce and logistics, consumer goods and retail. Therefore, localities should recognise and seize this opportunity to draw investment. PM Phuc said Vietnam has achieved initial successes in fighting COVID-19, but it isnecessary to focus on developing the country to realise the dual target ofpreventing the pandemic and boosting socio-economic development. ThePM asked the participants to deliberate concrete measures to optimise theinvestment flow shifted to Vietnam, especially from major multinational groupsand high-tech firms.
Hesuggested attracting selective projects, aiming at big multinational groupsutilising new cutting-edge and environmentally friendly technologies.
The Government leader requested building aproject to address bottlenecks for investors such as land clearance and humanresources.
Heagreed on the establishment of a working group in charge of this matter, which is headed ཧby the Minister of Planning and Investment.
Emphasisingthe role of the communication work, PM Phuc suggested promoting Vietnam as anattractive investment for investors and tourists.
TheGovernment, localities and sectors must create optimal conditions in terms ofproduction premises, necessary and attractive incentives, administrative procedures, and humanresources, he said.
Attracting foreign investment with high-tech and high addedvalue projects is an essential trend, the PM said, adding that authorities should make it ea෴sier for alleconomic sectors, particularly 🥂the private one, to successfully do business in Vietnam./.
Prime Minister Nguyen Xuan Phuc on May 20 reported on the anti-COVID-19 work and key solutions for socio-economic recovery and development, calling for joint concerted efforts and high resolve to weather difficulties and perform tasks as best as possible.
The Government needs to do more to revive the business sector, Dr Tran Hung Son, Deputy Director of the Institute for Development and Research in Banking Technology under the Vietnam National University-HCM City has said.
The US-based Brookings Institute on May 20 ran an article attributing Vietnam’s success in COVID-19 containment to its improved governance and policy coordination.
Foreign investors are speeding up the restructuring and reallocation of their production networks globally, with Vietnam considered a bright candidate for investment given its location within the world’s most dynamically-developing region.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Prime Minister Nguyen Xuan Phuc (Photo: VNA) 
