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Update news FDI
The country's great achievement of containing the spread of COVID-19, plus the EVFTA (EU-Vietnam Free Trade Agreement), will help Vietnam attract more FDI.
In order to attract high-quality FDI capital from the US, Vietnam needs to commit to strong reform, analysts say.
Experts say Vietnam has the opportunity to attract more foreign portfolio investment as central banks are launching $6 trillion in quantitative easing programs in 2020.
The Sino-American trade war together with supply chain disruptions due to the novel coronavirus pandemic has prompted many an investor to plan to relocate their production facilities in order to reduce their reliance on China.
Representatives of European organizations explained to Hanoitimes what the future holds for Vietnam–EU business cooperation on the sidelines of the “Hanoi 2020 – Investment and Development Cooperation” conference on June 27.
A number of high-tech agricultural projects have been proposed in Hanoi, a trend encouraged by the recent Hanoi investment promotion conference.
The government of Vietnam needs to improve the business environment and transport infrastructure, in addition to simplifying administrative procedures, to attract the expected new FDI 'wave'.
Nearly US$6 billion in foreign direct investment was poured into Viet Nam’s industrial parks (IPs), processing zones and economic zones (Ezs) in the first half of the year, according to the Ministry of Planning and Investment (MPI).
Vietnam has undergone profound changes since first opening its doors to FDI more than 30 years ago.
Studies have found that Vietnam’s taxation system offers many incentives to foreign invested enterprises (FIEs), but puts an increasingly heavy burden on Vietnamese enterprises and people.
Vietnam recorded a year-on-year decrease of 15.1 percent in foreign direct investment (FDI) inflows to 15.67 billion USD as of June 20, according to the Ministry of Planning and Investment (MPI).
Hanoi is going to present investment certificates for 229 projects with a total value of US$17.6 billion and sign 38 memoranda of understanding worth a combined US$28.6 billion, according to the Tuoi Tre Online website.
In general, foreign investors are seeking safe, stable investment environments with established real estate market practices, rule of law, and structured land ownership, with available financial support from banks.
Currently, there is a movement of foreign direct investment (FDI) capital flow from China to other countries, especially in the ASEAN region.
Experts warned that Chinese investors may flock to Vietnam to buy industrial zones (IZs) through merger and acquisitions (M&As) to prepare to receive an expected wave of foreign direct investment (FDI).
The capital city of Ha Noi as of Monday received 36 proposals for memorandums (MoU) of understanding for investment cooperation, which were estimated to be worth more than US$26 billion in total.
The overwhelming positive vote of the Vietnamese National Assembly on the EU-Vietnam Free Trade Agreement (EVFTA) and Investment Protection Agreement (EVIPA) confirms the strong Vietnamese commitment
The electronic industry of Vietnam is heavily dependent on FDI.
Vietnam should take stronger measures related to origin of goods and products to avoid risks of lawsuits or being taken advantage of by other countries to evade US import tariffs.
Industrial real estate is expected to be a highlight in Vietnam, especially after the EU-Vietnam Free Trade Agreement comes into being, analysts have said.