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Reforming to attract more FDI

by VTV415 February 2019 Last updated at 14:07 PM

VTV.vn - By the end of 2018, Vietnam's foreign investments had reached 340 billion USD, of which 191 billion USD had already been implemented.

This is a major accomplishment for Vietnam. However, fundamental changes in policy are necessary to attract more foreign investment. At a conference on institutional reforms to attract FDI in Binh Duong province on Thursday, Deputy Prime Minister Vuong Dinh Hue said that the opinions and suggestions of localities, ministries, and enterprises will be the foundation to develop new FDI attraction policies in the future.

The Deputy Prime Minister said in the future more power needs to be allocated to local governments in order to attract more multinational companies.

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