Workers at Canon Electronic Vietnam Co.Ltd in Pho Nui A Industrial Park in Hung Yen Province. (Photo: VNA)
Hanoi (VNA) – Vietnam remains a safe and attractive destinationfor foreign investors despite complicated developments of the COVID-19 pandemic.
Accordingto a report from the Foreign Investment Agency (FIA) under the Ministry of Planningand Investment, foreign investors registered to pump 23.74 billion USDinto Vietnam during the first 10 months of 2021, surging 1.1 percent overthe same period last year. Ofthe sum, over 13 billion USD was injected into newly-licensed projects, up 11.6per cent year-on-year, while the remainder of over 7.09 billion USD came tooperating projects, up 24.2 per cent.
Theagency attributed the slight increase in foreign direct investment compared to the same period last year to the country’s selective investment policy which focuses onlarge-scale projects with added value.
Thetravel restrictions and quarantine policy also influenced the decision-makingof foreign investors.
However,according to economic experts, a 1.1 percent year-on-year increase in registeredFDI capital in 10 months is still considered a "bright spot" of the economygiven that the complicated situation of the COVID-19 pandemic in Vietnam fromthe end of April this year.
Talkingabout Vietnam's prospects for attracting FDI, Warrick Cleine – Chairman and CEOof KPMG in Vietnam and Cambodia said that Vietnam created both macroeconomicand social stability which would encourage more investment as investors lovethe safe and predictable business environment.
Vietnam’sother advantage was the economic growth and the government’s engagement withthe global community, he said.
AlainCany, chairman of the European Chamber of Commerce said that Vietnam was apromising market for foreign businesses in many fields from car imports toprivate education.
🤡 Inaddition, the country also has a lot of potential for production and export.Thus, he recommended foreign businesses continue including Vietnam in theirinvestment plans./.
Vietnam has shown its attractiveness as a sustainable and long-term investment destination thanks to the country's numerous advantages, according to CEO of Nestle Vietnam Binu Jacob.
Despite impacts of the COVID-19 pandemic, the inflow of foreign direct investment (FDI) into Vietnam still rose 4.4 percent year on year in the first nine months of 2021 to 22.15 billion USD.
Investment during the pandemic has proved challenging for investors across the globe. However, hopes for this top-performing Asian economy are growing as the Vietnam market has outperformed other international peers thanks to its GDP growth amid COVID-19 last year, according to the Bangkok Post.
Vietnam is still seen as an attractive destination and the problems of 2021 do not mean that foreign investors will turn away, according to a recent report by Singapore Institute of International Affairs (SIIA).
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Workers at Canon Electronic Vietnam Co.Ltd in Pho Nui A Industrial Park in Hung Yen Province. (Photo: VNA)
