Vietnam sees record-high foreign investment from TPP


HANOI: Vietnam expects disbursed foreign direct investment to reach a record high this year after the government eased business regulations, luring investors seeking to benefit from the Trans-Pacific Partnership (TPP) trade pact.

Disbursed foreign direct investment in 2015 should be about US$14bil, US$1.5bil more than last year, Planning and Investment Minister Bui Quang Vinh said in an interview while attending a conference in Hanoi on Saturday. Pledged foreign investment is forecast to increase over last year’s US$21.9bil.

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