Vietnam has remained an attractive destination for foreign investors in 2017 with total FDI capital registered in the country hitting a record high of 35.88 billion USD, up 44.4 percent against last year.
The government of Vietnam welcomes all feedback and recommendations of domestic and foreign investors to improve local policies for better business climate, said Prime Minister Nguyen Xuan Phuc on December 18.
The southern province of Dong Nai has attracted 1.02 billion USD in foreign direct investment (FDI) so far this year, exceeding its target for the year.
The Vietnam Dong (VND) is among the most stable currencies in Asia this year, said the US-based Bloomberg News, echoed by similar views from Vietnamese economists who were confident that the stability would remain until the year end thanks to the economy’s positive signs.
About 28.24 billion USD in foreign direct investment (FDI) was poured into Vietnam between January and October, up 37.4 percent year on year, said the Foreign Investment Agency under the Ministry of Planning and Investment.
Ho Chi Minh City was the most attractive destination for foreign investors, luring 3.74 billion USD in the first nine months of this year, accounting for 14.6 percent of the country’s total 25.4 billion USD.
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
Foreign direct investment (FDI) inflow to Vietnam is expected to increase in 2017, said Do Nhat Hoang, Director of the Foreign Investment Agency under the Ministry of Planning and Investment.
Despite an increase in the number of foreign direct investment projects, Vietnam has so far this year posted a 1.3 percent drop in registered capital to 12.26 billion USD.
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