The attraction and use of foreign direct investment (FDI) in the past 30 years have proven that the door-opening policy of the Party and State of Vietnam is a correct choice in line with the development trend of the era and the country’s situation, Minister of Planning and Investment Nguyen Chi Dung said.
Vietnam attracted 12.33 billion USD in foreign direct investment (FDI) in the first four months of 2020, a year-on-year decrease of 15.5 percent due to the impact of the COVID-19 pandemic, according the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
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 foreign direct investment (FDI) as there have been signs of a switch in capital flows away from China and to ASEAN member countries.
The disbursement of foreign direct investment (FDI) posted an increase of 3.1% in January - November over the same period last year to total US$16.5 billion, despite a fall in the registered FDI inflow.
Vietnam’s industrial real estate market has been becoming a magnet for foreign direct investment (FDI) enterprises thanks to robust growth of macro-economy.
Ho Chi Minh City drew US$3.71 billion in foreign direct investment (FDI) over the past nine months, up 64.3 percent year on year, according to the municipal People’s Committee.
PSNews – Japan, with its investment of 4.808 billion USD, making up 37.2% of this year’s foreign investment in Vietnam, has topped the list of 62 countries and territories investing in the country in the first 7 months of 2017.
Northern Bac Ninh province licensed 149 foreign direct investment (FDI) businesses with a total registered capital of US$454 million in the first ten months of 2016, doubling last year’s figure.