Vietnam sees improvements in FDI attraction: investor
Vietnam’s foreign direct investment (FDI) attraction policy has been improved significantly as foreign investors are now allowed to pour capital into almost areas, a businessperson has said.
Washington D.C. (VNA) – Vietnam’s foreigndirect investment (FDI) attraction policy has been improved significantly asforeign investors are now allowed to pour capital into almost areas, a businesspersonhas said.
Ann Huynh, Chairwoman of 3SI Inc investment company basedin Virginia, the US, told the Vietnam News Agency (VNA) that Vietnam’sinfrastructure has been upgraded and administrative procedures have been streamlined.
North American investors are interested in emergingmarkets, especially Vietnam, in suchareas as high-tech and electric vehicle manufacturing, she said, noting thatthey want to learn about the country’s incentives, orientations and infrastructure.
Regarding cooperation between Vietnam and the US,Huynh said it has been expanded and growing fruitfully, from economy,investment and trade to national defence and security, agriculture, tourism,education and war consequence settlement.
She, however, pointed to obstacles to foreigninvestors regarding policies and investment licensing, noting her hope thatadministrative procedures will be further reformed to facilitate operations offoreign enterprises.
Illustrative image (Source: VNA)
So far this year, FDI channeled into Vietnam neared8.9 billion USD, with new capital surging after a slight decrease in the firstthree months.
According to the Ministry of Planning and Investment’sForeign Investment Agency (FIA), there were 750 new projects granted investmentlicences worth over 4.1 billion USD, up 65.2% and 11.1% annually, respectively.
A total of 386 projects had their capital added for atotal of 1.66 billion USD, a 19.5% increase in quantity and reduction of 68.6%in value against the same period last year. The growth, despite the associateddecrease, reflected investors’ confidence in Vietnam’s business climate and decisionsto expand their existing projects.
Also in the four months, foreign investors did 1,044transactions of capital contribution and share purchases, with theircontributed capital exceeding 3.1 billion USD, up 70.4% year-on-year. Theyinvested in 18 economic sectors, mostly in processing and manufacturing withover 5.1 billion USD or 57.8% of their total investment.
The number of countries and territories investing inVietnam in the period amounted to 77. Singapore took the lead by pouring closeto 2.2 billion USD into the market, followed by Japan with nearly 2 billion USDand China with 752 million USD./.
So far this year, foreign direct investment (FDI) channeled into Vietnam neared 8.9 billion USD, with new capital surging after a slight decrease in the first three months.
Ho Chi Minh City has attracted 979.65 million USD of foreign direct investment (FDI) so far this year, down 23.45% year on year, according to the municipal People’s Committee.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Illustrative image (Source: VNA) 
Illustrative image (Source: VNA) 
