Vietnamplus

The UK – Vietnam Free Trade Agreement (UKVFTA) is said to contribute to promoting the influx of quality foreign direct investment (FDI) into Vietnam.

Foreign direct investment (FDI) is to continue flowing into Vietnam from Europe in the medium to long-term thanks to the EU-Việt Nam Investment Protection Agreement (EVIPA), which was ratified in August last year, experts said.

Vietnam has emerged as a destination for large tech firms as the trade dispute between the US and China continues to intensify with no end in sight. However, whether and how much Vietnam can take advantage of the shifting FDI flow out of China remains to be seen.

About 20.2 billion USD of foreign direct investment (FDI) flowed into Vietnam from the year’s beginning to July 20, down 13.4 percent year on year, according to the General Statistics Office (GSO).

As of February 20, foreign investors have poured 8.47 billion USD into Vietnam, 2.5 times higher than the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

The southern province of Ba Ria-Vung Tau has set a goal to develop logistics into a major service sector with a focus on seaport development.

Despite several ups and downs over the last decade, the flow of foreign direct investment (FDI) into Vietnam’s property market has managed to sustain stable growth.

In the first six months of 2017, the total amount of newly registered capital, additional investment and share purchase reached 19.22 billion USD, up 54.8 percent year on year.

In the first five months of 2017, total foreign direct investment (FDI) into Vietnam, including newly register capital, additional investment and share purchase, amounted to 12.13 billion USD, up 10.4