Hanoi, July 9 -- Amid global economic uncertainty, Vietnam is recognised as an attractive destination for foreign investment, buoyed by macroeconomic stability, bold reforms, and a business-friendly climate, heard at the Techcombank Investment Summit in Hanoi on July 9.

Deputy Prime Minister Ho Duc Phoc told attendees that Vietnam remains steadfast in fostering a transparent and equitable environment for both local and foreign investors. He outlined four recent Politburo resolutions bolstering private sector growth, deeper global integration, sci-tech innovation, and streamlined legislation. Revisions to 28 laws are also in progress to cut red tape, free up resources, and level the playing field.

The Vietnamese economy is thriving, with...