Opportunities

EuroCham’s Whitebook makes recommendations for Vietnam to attract more foreign direct investment.

EVFTA takes effect at the right time as Vietnam is recovering from the Covid-19 pandemic and the deal is expected to boost the Vietnam-EU relations.

Vietnam is a safe and reliable environment for investment and international trade.

The Trump administration is speeding up shifting of global supply chains from China.

Vietnam is stimulating key transport projects and other infrastructure ones to support development and economic recovery in post-Covid-19. And this is a good opportunity for investors.

Vietnam’s insurance market remains highly attractive for foreign investors though the coronavirus pandemic impacts on the industry in the short term, Truong Vinh Phuc, partner of Audit Services at KPMG Vietnam, told Hanoitimes.

The German businesses saw the Vietnamese government has taken decisive and forceful action against the impact of the coronavirus crisis and expect these measures to be taken as fast as possible.

Capichi, a Vietnamese food Vlog platform, has been launched on March 25 with projection to Southeast Asian markets.

Vietnam has strong fundamental drivers for foreign private equity interest and will continue to attract more investments even after the Covid pandemic is contained, Usman Akhtar, Bain & Company partner, told Hanoitimes.

Despite huge interest, German healthcare companies face challenges to access the Vietnamese market.

While Vietnam is making good progress in the implementation of SDGs, significant investments are needed.

If Vietnam continues to contain the Covid-19 epidemic at its current level or better, the country will improve further its already-impressive FDI attraction.

“The EVFTA is a clear commitment for reliable trade based on transparent rules.”

In Vietnam, the greatest SDG investment opportunities are found in transport infrastructure and improving digital access.

To lure more foreign investment in infrastructure, Vietnam needs to have a clear public-private partnership (PPP) framework.

Both SK Group and South Korea’s National Pension Service (NPS) would contribute US$430 million to the fund.

In addition to being positive on cross-border investment, 62% of respondents in Vietnam expect to increase their domestic investment in the next 12 months, higher than other economies such as China, Japan and Singapore.

South Africa, with a population of over 56 million, is Africa’s most developed economy and already an important market for Vietnamese enterprises.

The bill, which amends the Law on Investment 2014 and will be discussed at the National Assembly’s eighth session next month, includes the two long-awaited changes regarding foreign investors.

The EVFTA will help Vietnam improve the quality of foreign investment, attracting more capital in a number of industries in which the EU is strong such as processing and manufacturing, hi-tech applications, clean energy and financial services.