Many foreign firms seeking to invest in Vietnam
09/03/2009

 

Fifty companies from Belgium, Spain, Greece, France and Denmark will arrive in Vietnam next week to look for business opportunities.

 

Fifty companies from Belgium, Spain, Greece, France and Denmark will arrive in Vietnam next week to look for business opportunities.

The businesses operate in various areas including engineering, IT, diesel engines, transport and seaports.

Besides, another Japanese delegation of 30 enterprises will come to the Asian country this month after a recent visit by companies from Kansai region.

Late this month, a business mission from United Arabs Emirates will also tour Vietnam, the newspaper said, adding that the country will receive more foreign companies this year.

Analysts said despite of the global economic crisis, international investors are still pouring to Vietnam for its development potentials such as cheap and abundant labor costs, political stability and investment incentives.

The Vietnamese Ministry of Planning and Investment said that Vietnam will focus on disburse licensed FDI projects besides luring fresh FDI flows.

The MPI has recently sent a dispatch to provinces and cities to solve hurdles faced by their FDI projects.