Member of the Party Central Committee and Deputy Prime Minister Nguyen Van Thang delivered a keynote address at the 6th Vietnam Connect Forum, highlighting that new-generation FDI should work with Vietnam to create new value and capabilities.
Initiated by Viet Nam, the Forum was designed to create an open, inclusive and forward-looking space for leaders, scholars and business representatives to discuss strategic issues facing ASEAN and the region, according to the Foreign Ministry’s Spokesperson.
As of May 7, total public investment disbursement reaching VND153.9 trillion (approximately $5.9 billion), equivalent to 15.2% of the annual plan assigned by the Prime Minister.
Public investment has a crucial role to play in technological development, particularly in fields where private capital is reluctant to become involved initially.