Foreign investors still eye Vietnam amid COVID-19 outbreak

TIN LIÊN QUAN
	MOFA ready to protect Vietnamese amid rising COVID-19 infection in South Korea
	Vietnam ready to protect Vietnamese in RoK amid COVID-19 fears

Illustrative image. (Source: VNA)

In January, the total newly registered capital, capital contributed and shares purchased by foreign investors reached 5.33 billion USD, up 179.5 percent against the same period last year.

The investment disbursement was estimated at 1.6 billion USD, a year-on-year rise of 3.2 percent.

According to head of the foreign investment department under the Ministry of Planning and Investment Do Nhat Hoang, a major group from the US is considering the registration of new projects worth billions of USD in Vietnam.

Businesses of other countries have also arrived in Vietnam to study power and infrastructure projects.

The Japan External Trade Organisation (JETRO) reported that 122 Japanese businesses have decided to remove their production activities from China and over 42 percent of the firms surveyed revealed that Vietnam is a leading destination.

Director General of the General Statistics Office (GSO) Nguyen Bich Lam has forecast the outbreak of COVID-19 could speed up the removal of production facilities of foreign investors in China to other countries, including Vietnam.

WHO praises Vietnam’s response to COVID-19 outbreak The World Health Organization (WHO) has recently recognized Vietnam's good responses to the COVID-19 outbreak and her readiness competence to urgent medical issues.

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