(VOVworld) – A conference discussing policies to attract foreign resources was held in Ho Chi Minh city on Friday.

Oil refinery project in Nhon Hoi industrial park in Binh Dinh province (Photo: VNE)

Managers, economists, and investors attending the event agreed that 25 years after the enforcement of the Investment Law, the foreign direct investment, FDI, sector has always taken the lead in industrial growth, playing a positive position in national development and international economic integration. So far, over 100 countries and territories have invested in 15,300 projects in Vietnam worth 223 billion USD.
FDI to Vietnam this year accounts for 23% of social investment, contributing 3.7 billion USD to the state budget and generating direct and indirect employment for 6 million people. Delegates recommended measures to effectively use FDI, such as selecting high quality projects which use environmentally friendly technology, opening the financial market, and allowing the market price mechanism under the state management.