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Singapore was Vietnam’s largest investor in 2021 with registered capital of U$10.7 billion or 34.4% of the total newly registered FDI projects.

It is unwise to bet against the ability of Vietnam and the Vietnamese to achieve targets and challenges they set themselves, said the CEO of HSBC Vietnam Tim Evans.

European investors have diversified investments in Vietnam to new fields, including telecommunications, finance, office leasing, retail, hi-tech farming, and pharmacy.

In the first nine months of 2021, Hanoi attracted US$922 million in FDI, ranking among the top five localities in Vietnam.

Vietnam continues to remain an attractive investment destination in the long term.

The FDI inflows to Vietnam have been stable compared to other countries in the region, which shows the continued trust and confidence of foreign investors.