The successful signing of EVFTA agreement will create great opportunities for businesses and investors of both sides in the future. From an export perspective, EU is a big trading partner of Vietnam with a market of 512 million people and high income. This will be a fertile land for Vietnam's spearhead exports such as textiles, footwear, agricultural products, wooden products.
According to the General Statistics Office of Vietnam, the foreign direct investment (FDI) from the beginning of the year to June 20, 2019 reached a record high of 1,723 newly approved projects with a registered capital of over US$7.4 billion.
Representatives of the provincial Department of Planning and Investment said most of the projects were high-tech, environmentally friendly and suitable for the province’s investment attraction policy.
Speaking at the 11th session of the 9th municipal People’s Council in Da Nang on Tuesday, Ho Ky Minh, vice chairman of the city's People’s Committee, attributed the results to investment attraction activities organised as part of the city's policy to focus on investment this year.
Producers are often key exporters in their sectors accounting for a majority of the city’s total industrial output while at the same time creating jobs for local people. Their businesses are also highly competitive and sustainable.
The statistics released at the teleconference on preliminary results of the 2019 Vietnam Population and Housing Census show that of the total 96,208,984 people, the male population amounts to over 47.8 million, accounting for 49.8% of the total, and the female population is over 48.3 million, representing 50.2%, the local media reported.
The publication, to be published on an annual basis, provides an overall picture of the development of domestic businesses arranged according to sectors, business types and localities, serving as reference for the Government, ministries, sectors and localities in designing strategies, plans and policies for sustainable and effective development of businesses on both national and local scales, Lâm said.
More foreign investors have also injected capital to buy shares of or contributed capital to Vietnamese businesses, totalling around $8.12 billion so far, nearly doubling the figure in the same period last year.