HSBC experts highlight the strong appeal of business opportunities in ASEAN, with Vietnam standing out as a key bright spot.

As of April 20, total registered foreign investment in Vietnam had reached 9.27 billion USD, an increase of 4.4% compared to the same period of 2023.

Total newly-registered foreign investment capital, adjusted and contributed capital to buy shares and buy contributed capital of foreign investors totalled 4.29 billion USD as of February 20, up by 38.6% compared to the same period in 2023. The disbursement of FDI capital is projected at some 2.8 billion USD, reflecting a 9.8% increase against the same period last year.

Bilateral trade between Japan and Vietnam has grown over 90-fold in the past three decades, thanks to proactive efforts in trade liberalisation, making Japan Vietnam’s fourth-largest trading partner,

Among the 1,300 European businesses inquiring about the investment climate in Vietnam, up to 63% listed the country among the top 10 destinations for foreign direct investment firms.

Northern Vietnam has attracted many international giants, especially those in electronics, thanks to its complete infrastructure.

Despite COVID-19, foreign investors’ new capital registered in Vietnam reached 22.15 billion USD in the first nine months, up 4.4 percent compared to the same period last year, as heard at the Government Portal’s online conference held on September 27 with the participation of a number of localities housing foreign direct investment (FDI) projects.

FDI enterprises have been gradually recuperating from the coronavirus outbreak thanks to the assistance from local authorities and the government’s efforts to contain the pandemic.

Foreign investors still pay great attention to Vietnam albeit the complicated developments of the acute respiratory disease caused by Covid-19 which started to hit the world earlier this year.

Vietnamese economy in 2019 thrived with strong development of Industrial Parks (IPs) and Economic Zones (EZs). They drew a large amount of foreign investment during the year.

Vietnam has climbed in the ranking of best countries in which to invest this year, surpassing other Southeast Asian nations, such as Malaysia, Singapore and Indonesia.

Vietnam is the biggest beneficiary in the shift of the investment flow from China amidst the Sino-American trade war, according to Maybank Kim Eng senior economist Chua Hak Bin.

Vietnam attracted 35.46 billion USD in total foreign direct investment in 2018, equivalent to 98.8 percent of the previous year’s figure.

The flow of foreign direct investment (FDI) into real estate in Ho Chi Minh City has followed the same trend as with the FDI movement into the country, with the property sector always among the top FDI recipients in recent years.

A conference will be held on October 4 to look back on the last 30 years of Vietnam’s efforts to attract foreign direct investment (FDI), said Minister of Planning and Investment Nguyen Chi Dung.

Japan poured 6.88 billion USD, 30 percent of the total foreign direct investment (FDI), into Vietnam in the first seven months of 2018, the biggest figure among 96 countries and territories investing here.

Japan overcame 86 countries and territories to become the largest foreign investor in Vietnam in the first six months of this year, with 6.47 billion USD, or 31.8 percent of the total registered capital.

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.

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.

In the first 9 months of 2017, the flow of FDI into Vietnam amounted to 25.47 billion USD, up 34.3 percent from the same period last year.