High-quality human resources to help Vietnam draw more FDI
To attract more foreign direct investment (FDI), Vietnam needs to pay attention to training high-quality human resources, accelerating administrate reform and developing and upgrading infrastructure, according to the European Chamber of Commerce (EuroCham).
High-quality human resources to help Vietnam draw more FDI (Photo: VNA)
Hanoi (VNA) – To attract more foreign direct investment (FDI),Vietnam needs to pay attention to training high-quality human resources, acceleratingadministrate reform and developing and upgrading infrastructure, according to theEuropean Chamber of Commerce (EuroCham).
The organisation said European businesses have planned to expand their investment in renewable energy, hi-tech manufacturing and processing, and researchand development (R&D) centre next year.
In a recent report, Savills Vietnam also emphasised the attractiveness ofinvestment in high value manufacturing industries in Southeast Asia and Vietnam.
Foreign businesses invested in 54 localities nationwide in 2022. - Illustrative image (Photo: VNA)
Compared to China, India, and other Southeast Asian countries, Vietnam is anattractive market for investment with relatively low risk. This creates animpetus for the capital flow of many technology companies, and businesses operatingin other fields in the US to invest in Vietnam.
According HSBC Bank(Vietnam) Ltd, Vietnam has become a hi-tech production centre in theworld. Large groups such as Samsung and LG of the Republic of Korea, and partners of Apple and Goertek, Foxconn andPagatron have poured tens of billion USD into Vietnam.
🌺 Statistics from the Ministry of Planning and Investment, as of December 20, 2022, the total newly-registered capital, adjusted capital, and capital contribution and share purchase hitnearly 27.72 billion USD, equivalent to 89% of the same period of 2021.
Foreign businessesinvested in 54 localities nationwide in 2022.
Recently, Samsung officially launched an R&D centre worth 220 million USD in Vietnam. The firm intended to turn the country into a strategic R&D base.
🦹 Dirk Hartmann, General Director of Tesa Site Hai Phong Co., Ltd, said when it selectedVietnam for its plant, the firm saw an attractive destination for investmentthanks to the country’s stable economic growth./.
Foreign direct investment (FDI) in real estate topped 4.4 billion USD as of December 20, accounting for over 16% of the total FDI capital registered in Vietnam, and up 1.8 billion USD year-on-year.
The Mekong Delta city of Can Tho recorded 12.64% growth in gross regional domestic product (GRDP) this year, its highest ever, announced the municipal Statistics Office on December 28.
Ho Chi Minh City absorbed about 3.94 billion USD in foreign direct investment (FDI) in 2022, up 5.4% year-on-year, according to the municipal People’s Committee.
Domestic private enterprises in the southern province of Dong Nai earned nearly 5.8 billion USD from export activities in 2022, a record so far, according to the provincial Department of Industry and Trade.
The People's Committee of Binh Duong province on January 4 held a ceremony to launch Korean, Chinese and Japanese-language versions of the Binh Duong Portal.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.