FDI to hit record high in 2016

Since early 2016, there have been a number of newly-registered FDI projects, with an investment capital of 150 million USD. Many other investment projects, amounting to billions of USD, will also be implemented in the months ahead. This is attributable to favorable conditions that Vietnam offers multinational corporations and small- and medium-sized enterprises; 90% of tariff lines have been cut to 0% following a number of free trade agreements Vietnam has signed.