Deputy PM Pham Binh Minh made the comment at the Connections for Development Forum 2021, held in Hanoi, on April 26.

Deputy PM Pham Binh Minh spoke at the event. (Photo: sggp.com.vn)

He stressed that Vietnam has just finished the 5-year socio-economic development plan (from 2016 to 2020) and the 10-year socio-economic development strategy (from 2011 to 2020), and has just gone through a challenging year of 2020.

Even so, 2020 is still a successful year in the 5-year period (from 2016 to 2020) with positive growth of 2.91%, making Vietnam an attractive investment destination in Asia with the world’s fastest-growing national brand value, up 9 places to 33rd in the Top 100 most valuable national brands in the world.

As of December 2020, after over 33 years of developing and attracting FDI, the country lured 33,070 FDI projects with registered capital of more than 384 billion USD and implemented capital of about 231.8 billion USD, equivalent to 60.4% of the total valid registered capital. 

The foreign direct investment (FDI) sector will continue to be an important driving force behind great contributions to meeting the nation’s aspirations and prosperity goals, with the Government playing a vital role in dealing with crucial issues in terms of FDI attraction, said Deputy Prime Minister Pham Binh Minh.

The Deputy PM emphasized that the Government will focus on resolving main issues as a means of successfully attracting greater FDI inflows into the country in the future./.

BTA