Politburo member, Head of the Party Central Committee's Economic Commission Tran Tuan Anh emphasised the huge potential for Vietnam to lure abundant, high-quality investment from the US at his reception for US Treasury Secretary Janet Yellen in Hanoi on July 20.
Prime Minister Pham Minh Chinh and his Malaysian counterpart Anwar Ibrahim showed their elation at the positive development of the bilateral relations, especially since the establishment of the Strategic partnership in 2015 during their talks in Hanoi on July 20.
Diversification of investment partners has been the key to the strategy pursued by President Joko Widodo’s administration.
Of late, Indonesia’s President Joko “Jokowi” Widodo has been hard at work promoting foreign investment in Indonesia’s future new capital, Nusantara, slated to replace Jakarta as the center of administration by 2024.
Projects with investment from Vietnamese enterprises in Laos are currently operating effectively, thereby creating jobs, increasing incomes for thousands of local workers, and supplementing revenue for the Laos state budget.
Việt Nam’s farm produce such as rice and coffee is acutely vulnerable to El Nino.
The Asian Development Bank kept its economic growth forecast for the Philippines this year and next on the back of robust investment and private consumption.
Describing ASEAN (The Association of Southeast Asian Nations) as a crucial pillar of India’s Act East Policy, External Affairs Minister S Jaishankar on Thursday said it plays an important role in the emerging dynamic of the Indo-Pacific.