The total amount of foreign investment poured into Vietnam this year to September 20 reached 21.2 billion USD, equivalent to 81.8 percent of the same period last year, reported the Ministry of Planning and Investment.

The COVID-19 pandemic could provide a good opportunity for the Vietnamese fisheries sector to increase its share in oversea markets, especially with foreign rivals engulfed by lockdowns or other forms of restrictions, experts have said.

The Vietnamese Government's support for the local pharmaceutical industry will remain steadfast, according to Fitch Solutions.

As usual, the end of the third quarter is the time when the Ministry of Planning and Investment (MPI) releases the basic figures needed to evaluate the implementation of the socio-economic development plan of a specific year, including 12 basic targets.

Despite having great potential, Vietnamese rice-based products remain rudimentary and unpolished, severely hampering their ability to compete on the global market, according to industry experts.

Developing craft village-based tourism has been eyed as a direction for boosting socio-economic factors in many localities in the Red River Delta. However, such a model has not yet been well implemented, requiring a new approach in building a sound model which can preserve and promote the cultural values of traditional villages while facilitating tourism growth.

After slowing down in the first few months of 2020, FDI inflow into Vietnam has increased sharply in recent months.

As a means of compensating for a drop in export orders due to the impact of the COVID-19 epidemic, several local textile and garment businesses are striving to seize upon opportunities brought about by the EU-Vietnam Free Trade Agreement (EVFTA).

Vietnam has become one of the world’s fastest growing economies since the country first opened up to foreign trade and investment more than three decades ago, with GDP last year being 12.5 times higher than in 2001 and growth averaging 7.26 percent from 2001 to 2010.