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Foreign investors still eye Vietnam amid SARS-CoV-2 outbreak

Foreign investors still pay great attention to Vietnam albeit the complicated developments of the acute respiratory disease caused by SARS-CoV-2 which started to hit the world earlier this year.
Foreign investors still eye Vietnam amid SARS-CoV-2 outbreak ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) –
Foreign investorsstill pay great attention to Vietnam albeit the complicated developments of theacute respiratory disease caused by SARS-CoV-2 which started to hit the worldearlier this year.

In January, the total newly registered capital,capital contributed and shares purchased by foreign investors reached 5.33billion USD, up 179.5 percent against the same period last year.

The investment disbursement was estimated at 1.6billion USD, a year-on-year rise of 3.2 percent.

According to head of the foreign investmentdepartment under the Ministry of Planning and Investment Do Nhat Hoang, a majorgroup from the US is considering the registration of new projects worthbillions of USD in Vietnam.

Businesses of other countries have also arrivedin Vietnam to study power and infrastructure projects.

The Japan External Trade Organisation (JETRO)reported that 122 Japanese businesses have decided to remove their productionactivities from China and over 42 percent of the firms surveyed revealed thatVietnam is a leading destination.

Director General of the General StatisticsOffice (GSO) Nguyen Bich Lam has forecast the outbreak of SARS-CoV-2 couldspeed up the removal of production facilities of foreign investors in China toother countries, including Vietnam./.
VNA

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