At the Dialogue Session, speakers said that, since the Covid-19 pandemic, global trade has encountered difficulties and obstacles. Rising inflation and reduced spending by Western countries have severely affected the export of goods from ASEAN countries.

Overview of the Dialogue session

However, recently, ASEAN has remained a bright spot in attracting foreign investment in the region. For outside investors, ASEAN is still the most attractive investment region. This reflects investors' confidence in the long-term prospects of a developed economy. A consistent increase in foreign investment is critical for ASEAN to move up its value chain and consolidate its importance in global trade.

Speakers also commented that during the past time, Viet Nam has received significant foreign investment capital flows and has become a bright spot attracting investment in the global production supply chain. Viet Nam has quickly moved up the value chain, developing into an important electronics assembly center. Many investments have been poured into the technology, electronics, and semiconductor supply chain in Viet Nam. New foreign investment capital poured into the manufacturing sector is increasing surprisingly. Despite the trade downturn, this trend brings hope for Viet Nam's recovery post Covid-19 pandemic.

Speakers discuss related contents at the Dialogue session

However, the speakers also said that there are still many challenges in attracting foreign investment in the coming time. According to the speakers, infrastructure, human resources, commitment to ESG strategy (Environment, Social and Governance), Net Zero strategy, etc. are challenges in investing in ASEAN in general and Viet Nam in particular.

Ms. Huynh Dinh Thai Linh - CEO, World Trade Center Binh Duong New City introduces the investment environment in Binh Duong

At the Dialogue session, Ms. Huynh Dinh Thai Linh - CEO, World Trade Center Binh Duong New City introduced the investment environment in Binh Duong and the province's green and sustainable international trade and trade promotion activities; especially attracting investment in Science and Technology Industrial Park on the platform of industry 4.0. The Industry - Service - Urban Complex with a total area of 4.196 hectares including: High-tech industrial parks, commercial and service areas and new urban areas, of which 1.000 hectares are planned to build and develop Binh Duong New City. In particular, the province's industrial parks are invested in synchronous, modern, and convenient technical infrastructure for investors.