A recovery in the global investment flow will open up a bright future for Vietnam’s investment attraction, according to experts.

Singaporean businesses are increasingly investing in new data centres in Vietnam to serve the rising demand for data storage solutions in Vietnam.

The euphoria among young investors in the last weeks seems to be dying down now, with many F0 investors realising that the stock market is no longer an easy place to reap profits.

Vietnam should learn from India and Singapore’s experiences in attracting foreign startups, Dao Quang Binh, Head of Market Development Division at TECHFEST 2021, said.

While sustainable smart cities are considered a solution to sustain international business investments, for Vietnam experts have advised local cities and provinces to prioritise building them to attract FDI.

More Japanese investors are actively entering Vietnam's renewable energy market to satisfy increasing energy demand.

Despite a slowdown in M&A during the pandemic, investors still expect a rebound in deal-making in Vietnam thanks to the country's long-term growth potential.

Denmark’s LEGO Group that specializes in toy production globally for kids has decided to invest more than US$1 billion in a project to build a plant in Binh Duong province, southern Vietnam.

Investors from the United States have continued to inject money into a total of 1,135 projects nationwide, with a total registered capital of over US$10 billion as of November, despite negative impacts caused by the COVID-19 pandemic.

The number of accounts owned by foreign individuals and organisations in Vietnam’s stock market had hit more than 38,000 as of September 2021, a year-on-year surge of 34.7 percent.

American companies in Vietnam are continuing to strive for a return to normal operations as some struggle with labour issues and flexible adaption to a post-pandemic world.

The growth of e-commerce will lead to an upswing in warehouse demand in Vietnam, which is still in a relatively nascent stage and accounts for only 5.5 percent of total retail sales, he said.

Amkor Technology will invest $1.6 billion between now and 2035 to build a plant to manufacture, assemble and test semiconductor products on a site of 23ha in an IP in Bac Ninh Province.

Vietnam is assessed to have plenty of room to compete for foreign direct investment (FDI) against major competitors in the current global production shift, said Nguyen Bich Lam, former Director General of the General Statistics Office.

Vietnam attracted US$2.72 billion in new foreign investment approvals in November, raising the total in the January-November period to US$26.46 billion. 

Only 1% of American businesses plan to withdraw from Vietnam, according to the latest survey of the American Chamber of Commerce in Vietnam (AmCham Vietnam).

Most foreign invested enterprises have reopened their factories after lockdown and are optimistic about business performance for the last months of the year.

Japanese investors poured approximately US$3.4 billion into Vietnam from January to October 2021, soaring 90% compared with the same period last year.

Several banks are currently issuing dividend paying shares as well as making strong efforts in finding more foreign strategic investors to increase capital. 

Vietnam will continue considering foreign investment one of its important drivers for socioeconomic development over the next four years, with its ambitious plan to attract more high-quality funding.