Investment

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

Promoting a fair, transparent, predictable, and streamlined regulatory ecosystem that values innovation will help Vietnam continue to attract high-quality investment.

Vietnam has so far also outlined primary strategies to lure high quality foreign investment until 2030 under a Politburo resolution.

Foreign investors are heading to Vietnam to take advantage of both domestic and export markets thanks to the country’s signed free trade agreements.

The Vietnamese government now also places high expectation for new Korean investment, especially in advanced and new technologies.

In case of completing the deal, the Japanese company would raise its stake in Bao Viet to 22.09% and remains the Vietnamese insurer’s second largest shareholder.

Germany fully supports the Vietnam – EU relations, as well as the ratification of the EU – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA).

This would result in income per capita of VND136 million (US$5,871), significantly higher than Vietnam’s GDP per capita of US$3,000 in 2016 – 2020 and an estimated US$4,688 in 2021 – 2025.

According to forecasts of BMI Research, Vietnam’s food industry is expected to achieve annual growth of 10.9% in 2015-2020.

The public capital must be allocated based on market principles, said an expert.