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Vietnam honours FDI businesses
For the first time a number of FDI enterprises and entrepreneurs that have recorded the most outstanding production in and business performances Vietnam will be honored at a ceremony in Hanoi on September 20.
Under the spotlight will be 85 FDI businesses and 15 entrepreneurs currently operating in the country and two Vietnamese businesses investing in Laos, said Mai Thanh Hai, President of the Vietnamese Association of Foreign Investment Enterprises (VAFIE), who will host the event, at a press conference on September 16.
Vietnam’s Golden FDI Prize will be presented to the country’s best enterprises and entrepreneurs, as a recognition of the contributions FDI enterprises have made to the national development and global integration.
During the ceremony, The VAFIE will hold a conference on the theme “for a friendly and developed Vietnam” to mark the country’s three-year membership of the World Trade Organisation.
Since the Law on Foreign Investment came into force 20 years ago, the FDI sector has become an important driving force behind the national economy.
At present, more than 10,000 FDI enterprises, with a combined investment capital of US$174 billion, are operating in Vietnam. They have generated direct jobs for nearly 2 million people and created indirect work for millions of others.
vov, vietnamplus
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