Recently, Foxconn announced it has injected an additional $23.40 million into Fulian Precision Technology Component, a subsidiary in Vietnam.

The figure increasing by 34.7% as compared to the same period last year.

Vietnam needs to fully address the shortcomings in its economy as it pursues higher growth, with the Party General Secretary calling for a new, groundbreaking resolution on private sector development.

The group produces 10.5 million tons of raw coal in Q1.

Some 68 per cent of European business leaders in Vietnam said they would recommend the country as an investment destination.

Vietnam has coordinated closely and proactively with the U.S. to negotiate for fair tariff solutions and promote the two-way trade in a mutually beneficial manner, according to Deputy Prime Minister Ho Duc Phoc.