The COVID-19 outbreak is accelerating the shifting of corporate mindsets on diversifying from China and onboarding the trend of “make where you sell”.

Singapore rose to become the biggest foreign investor in Vietnam in the first four months of 2020 with 5.07 billion USD, accounting for 41 percent of the total.

While the ongoing pandemic is taking a severe human and economic toll worldwide, deal-making activity in Vietnam is likely to maintain momentum as corporate leaders are being asked to make strategic decisions for hunting capital.

JP Morgan says Vietnam’s banks are an outstanding investment opportunity in Southeast Asia, while a report from Bao Viet Securities says the banking sector is very promising.

After a tough 2019, the real estate market has continued experiencing many hardships because of Covid-19.

Despite the 21 percent decrease in FDI decrease in Q1, Kizuna, which leases ready-made workshops in Long An province, is still moving ahead with its plan to expand production.

Apple is running a large recruitment campaign in Vietnam, while many other foreign technology firms are considering pouring capital into projects in the country.

Since the issuance of Vietnam’s Law on Foreign Investment in 1987 right after the doi moi policy was adopted, Vietnam has continuously revised its policies to keep improving the opportunities for international investors. 

Since national reunification in 1975, Vietnam’s economy has grown from strength to strength. Senior economist Nguyen Mai writes about how the economy has developed in that time, with foreign direct investment serving as one of the key driving forces.

The $1.386 billion added investment will help accelerate Long Son Petrochemical Complex that has fallen behind schedule.

Hefty sums found their way to Vietnamese e-wallets from diverse partners during the year, turning the segment into one of the investment hotspots.

Vietnam is looking forward to receiving high-quality investments from Europe once the EU-Vietnam FTA (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) take effect.

With the novel coronavirus pandemic and trade tensions driving the shift of production lines from China to Southeast Asia, Vietnam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike.

The ongoing coronavirus pandemic has upended economies worldwide, and Vietnam must take urgent measures to handle this period of instability.

The COVID-19 pandemic has had a serious impact on Vietnam’s economy but it’s also believed to create the conditions to attract more FDI as there have been signs of a switch in capital flows away from China and to ASEAN member countries.

As Vietnam has a fertile consumer finance market, more foreign players are considering joining the bandwagon by tying up with local peers.

The State Bank of Vietnam (SBV) has withdrawn the licences of the representative offices of Kookmin from South Korea and Commonwealth Bank of Australia.

Ba Ria-Vung Tau has just approved the site for the $1 billion relocation project of the existing Vung Tau airport.

Explaining the appreciation of the US dollar recently, Nguyen Duc Do from the Finance Academy said that in the current uncertainty, investors have sold their assets and sought shelter in the dollar. 

Vietnam’s foreign investment picture in the first quarter of 2020 showed the hardest downtrend in over a decade since the 2003 SARS pandemic, as the current coronavirus continues to thrash manufacturing, real estate, retail, services, and tourism.