Vietnam should take advantage of being the second country in Southeast Asia to sign a free trade agreement with the EU to attract FDI from Europe.

Hanoi has set up six task force teams specialized in accelerating disbursement of public funds.

Coastal areas in Vietnam are set to receive attention from investors similar to those in China and Thailand, according to CBRE.

The focus of the government’s support this time would be for enterprises with high spillover effects to the economy, especially in fields of aviation, tourism and consumer products.

Due to the city’s budget constraints, it is essential for local authorities to ensure the utmost efficiency in the spending of public money, the Hanoi’s mayor has said.