Welcoming the new wave of FDI


Source: vietnamnet.vn vietnamnet.vn

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Vietnam needs to lure foreign investment but should not forget domestic enterprises. “In the past, we had the opportunity to receive foreign direct investment (FDI) but were not successful. In fact, we only became an outsourcing place," said Nguyen Xuan Phu, Chairman of Sunhouse Group at a recent seminar entitled "Vietnam is ready to welcome the wave of FDI: Opportunities and challenges," organized by the Association of Small and Medium Enterprises in Hanoi. Phu said: “As an outsourcing place, we have to suffer from environmental pollution, the negative side of FDI and pay the price. Therefore, we should consider FDI...