Minister of Planning and Investment Bui Quang Vinh said that FDI projects have been generating jobs for millions of workers.
According to the statistics of the Foreign Investment Agency, the country attracted more than 22.7 billion USD in newly registered and additional capital in 2015, increasing by 12.5% against 2014.
Foreign investors have been pouring their capital into 19 sectors, especially industrial processing and manufacturing, which draw 955 newly-registered investment projects and 517 with additional capital worth a combined 15.23 billion USD in 2015, accounting for 66.9% of the total registered investment.
Sixty-two nations and territories have implemented investment projects in Vietnam. The Republic of Korea tops with 702 newly-registered projects and 269 with additional capital totaling 6.72 billion USD, making up nearly 30% of the country's total investment capital.
Malaysia and Japan rank the second and third with 2.47 billion USD and 1.84 billion USD, accounting for 10.9% and 8.1% of the total investment capital in Vietnam.
In 2015, the foreign investment sector also recorded 115.1 billion USD in exports (including crude oil), rising annually by 13.8%, making up 70.9% of Vietnam’s total export turnover.
At present, the country, that is a partner of 55 global economies in free trade agreements, with over 90% of tariff lines having been cut to zero percent, has favourable conditions to become a strategic investment destination for both multi-national groups and small and medium-sized firms.
Head of the Foreign Investment Agency Do Nhat Hoang revealed that there will be more preferential policies for businesses, particularly regarding corporate income tax, import tax and land lease costs.
The Ministry of Planning and Investment will continue to call on foreign enterprises to invest in high-quality projects, as well as embrace links between FDI businesses and domestic partners, he stressed.
According to the statistics of the Foreign Investment Agency, the country attracted more than 22.7 billion USD in newly registered and additional capital in 2015, increasing by 12.5% against 2014.
Foreign investors have been pouring their capital into 19 sectors, especially industrial processing and manufacturing, which draw 955 newly-registered investment projects and 517 with additional capital worth a combined 15.23 billion USD in 2015, accounting for 66.9% of the total registered investment.
Sixty-two nations and territories have implemented investment projects in Vietnam. The Republic of Korea tops with 702 newly-registered projects and 269 with additional capital totaling 6.72 billion USD, making up nearly 30% of the country's total investment capital.
Malaysia and Japan rank the second and third with 2.47 billion USD and 1.84 billion USD, accounting for 10.9% and 8.1% of the total investment capital in Vietnam.
Samsung Electronics Vietnam Thai Nguyen employs over 200,000 workers.
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At present, the country, that is a partner of 55 global economies in free trade agreements, with over 90% of tariff lines having been cut to zero percent, has favourable conditions to become a strategic investment destination for both multi-national groups and small and medium-sized firms.
Head of the Foreign Investment Agency Do Nhat Hoang revealed that there will be more preferential policies for businesses, particularly regarding corporate income tax, import tax and land lease costs.
The Ministry of Planning and Investment will continue to call on foreign enterprises to invest in high-quality projects, as well as embrace links between FDI businesses and domestic partners, he stressed.
