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Vietnam takes step to attract Global 500 firms

Vietnam has laid out key strategies to attract up to 50% of the Fortune-listed 500 global corporations in the future. The strategies, which are stipulated in the country's investment and cooperation strategy in the 2021-30 period, include the establishment of a fair, streamlined, and transparent investment and business environment, improved economic efficiency and competitiveness, and strengthened cooperation with foreign partners to develop the country's industrial infrastructure. The key strategies also include, finding new markets for made-in-Vietnam products, making full use of numerous free trade agreements, investing in R&D activities, as well as the development of innovation and creativity culture.

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