In eleven months of 2019, total newly registered and additional capital and share purchase by foreign investors reached 31.8 billion USD, up 3.1 percent compared to the same period last year.
China was the biggest among the 65 countries and territories investing in new projects in Vietnam during the first seven months of 2019, data of the General Statistics Office show.
Recruitment demand, especially senior positions in consumer electronics and real estate, is expected to increase as more companies relocate from China to Vietnam, according to the latest report from Navigos Group.
The issuance of the Law on Foreign Investment in Vietnam in 1988 marked a turning point in the country’s efforts to draw foreign direct investment (FDI). After 30 years, FDI enterprises have formed an
The Vietnamese Government always encourages and creates favourable conditions for Singaporean businesses to invest in Vietnam, particularly in building a hi-tech zone in the central city of Da Nang.
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
Since the normalisation of relations 20 years ago, the US has built its
share in Vietnamese market towards becoming the country’s top investor,
considering the huge potential of the impending Trans-Pacific
Partnership agreement and the birth of the ASEAN Economic Community
later this year.
Foreign investors have chosen to invest their money in other provinces
and cities during the first months of this year in place of major cities
such as Hanoi and Ho Chi Minh City.
The
movement demonstrates the considerable improvement in provinces and
cities’ investment environment over the past time.
The Vietnam mission to the United
Nations, WTO and other international organisations held a Vietnam
business forum in Geneva on Dec. 3, right after the 7th WTO Ministerial
Meeting.