Viet Nam has surpassed Mexico to become the leader in the “nearshoring” trend (companies moving production, services and logistics activities from a distant country to neighboring countries).
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
“Hanoi Sales Promotion” 2022 opened on July 8 in Times City, Hoang Mai ward, Hanoi, aiming to stimulate consumer demand and tourism, ease difficulties, promote production and business, improve enterprise competitiveness, and develop business modes.
As many as 45.4 percent of businesses in a recent survey conducted by the General Statistics Office (GSO) forecast that their production will increase in the first quarter of 2022 as compared to the fourth quarter of 2021.