Investment

The country remains attractive for investors in search of new business opportunities.

The elevated section of the Nhon-Hanoi Station metro line will officially undergo a test run in early December.

Hanoi will seek measures to facilitate South Korean investments and address problems in compliance with legislation.

Vietnam is shifting from attracting FDI to cooperating with foreign investors on a fair basis for mutual benefits.

Capital markets have a big role to play in Vietnam’s transition to a climate-resilient and low-carbon economy, helping mobilize green capital.

Vietnam remains an appealing option for investors looking to diversify their supply chains.

The total FDI disbursement in Vietnam this year is projected to hit $21-22 billion, up 6.4-11.5% year on year.

It is expected that by late 2022, real estate demands would continue to stay low and investors may be forced to lower prices to attract buyers.

Among Vietnam cities, Hanoi is considered one of the most important destinations for investors, with a great talent pool and developed infrastructure.

Hanoi is taking steps to realize Politburo’s resolution No/15 on objectives for the development of Hanoi until 2030, with a vision to 2045, with investment in road infrastructure seen as a breakthrough solution.

FDI in Hanoi has been upward in recent years, especially as Vietnam becomes increasingly integrated into the global economy.

Rice remains the key product that Vietnam has sometimes offered Cuba for free over the past years while transferring farming techniques to the country of brotherhood.

The construction of critical industrial infrastructure has now become a priority as Hanoi is embarking on socio-economic recovery.

Vietnam’s semiconductor industry is estimated to exceed $6.16 billion by 2024.

According to planning for 2030, Hanoi and nine other provinces and cities would form a super metropolitan area. In this context, the eastern area would become a busy commercial center in the entire region.