Hanoi (VNA), April 19 -- As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.

The shift in global production chains, especially in core technology, chip technology, and future technology industries, is opening up many opportunities for Vietnam to attract high-tech FDI capital.

In the first quarter of 2024, Vietnam registered 6.17 billion USD of FDI capital poured in 17 out of 21 economic sectors, an increase of 13.4% over the same period.

During a working session with Vietnam's Minister of Planning and Investment Nguyen Chi Dung in China late last month, Chinese Minister of Commerce Wang Wentao said th...