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World Bank: Philippines needs reforms on FDI

MANILA, Philippines — The Philippines should expedite the passage of key reform measures that would boost foreign direct investments (FDIs) and aid the country in its long-term recovery from the pandemic, the World Bank said. In a briefing with members of East Asia and the Pacific (EAP) press, World Bank president David Malpass said recovery […]

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Vietnam among top 20 FDI destinations in the world

For the first time, Vietnam is among the top 20 countries attracting the most foreign direct investment (FDI) capital in the world, according to World Investment Report 2021 by the United Nations Conference on Trade and Development (UNCTAD). In 2020, Vietnam ranked 19th globally as a FDI host country with $16 billion investment capital, up […]

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Vietnam GDP growth predicted to hit 6.2% in 2021: CIEM

A flexible approach in managing the twin goal helped the country keep the economy intact in the most complicated Covid-19 outbreak yet. In the most optimistic scenario, Vietnam’s GDP growth in 2021 would reach 6.2% year-on-year on the assumption that the pandemic is contained in August, higher than the 6% target set by the National […]

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