The tribunal will investigate whether the alleged dumping and subsidizing of “cold-reduced flat-rolled sheet products of carbon steel” from these countries have harmed Canada’s steel industry.

Foreign investments, including those made by Japanese firms, are a driving force for Vietnam’s development and improvement of national competitive capacity, said President Tran Dai Quang.

Vietnam’s foreign investment capital attraction has been showing signs of recovery in the in first five months of this year after consecutive decreases, thanks to the issuance of the first casino licence in the past 10 years to Laguna Lang Co Integrated Resort. 

Extending lease period from 70 to 99 years will only benefit real estate investors and land speculators, opponents argue.

New foreign direct investment (FDI) approvals in the January-May period fell by a staggering 30% from a year earlier due to the absence of new mammoth projects, according to the General Statistics Office of Vietnam.