FDI and domestic firms in need of cooperation

by VTV403 May 2018 Last updated at 13:32 PM

VTV.vn - Since opening up to foreign direct investment (FDI) 30 years ago, Vietnam has faced issues regarding the interactions between the FDI and domestic sectors.

In 2017, the export turnover of the FDI sector was three times more than domestic companies. In fact, last year the domestic sector's excess of imports accounted for over 26.1 billion US dollars while the FDI sector had a trade surplus of over 28.8 billion US dollars, which resulted in Vietnam having a positive trade of over 2.7 billion US dollars. It can be said that the domestic sector is in need of a great leap, specifically for supporting industries and supply chain participation.

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-11-22 22:20 UTC