Topic: FDI enterprises

38.79% of FDI enterprises were profitable last year, while those reporting losses accounted for nearly 54 per cent.

Government leader meets FDI enterprises for the second time in six months.

Key export items include computers, electronics, and garments and textiles.

1,300 enterprises nationwide have seen orders fall since last September.

Only some 30 per cent of enterprises in Vietnam’s supporting industry have joined global supply chains and value chains, according to the Ministry of Industry and Trade. This shows that the link between local and foreign enterprises is yet to be fully developed.

In an address to the 4th Vietnam Economic Forum on June 5, Prime Minister Pham Minh Chinh emphasized that Vietnam does not have a closed economy and insists on innovation, opening up, and building economic independence and self-reliance associated with extensive, substantive, and effective international integration. Domestic and foreign enterprises have both become key in building an autonomous and integrated economy. He also touched on the need to have a healthy and safe environment to support businesses in their development process.