Investment

As of February, Vietnam disbursed around $2.7 billion in FDI, a sharp rise of 7% against the same period of last year.

The project is expected to raise the income of rice farmers and economic efficiency in agricultural production in the Red River Delta.

The project will not only help strengthen Vietnam’s logistics and freight sector but also the logistics performance of the ASEAN block.

The project, once completed, would be essential for the development of the domestic industrial sector and put the country on the map of the world’s major exporters of petrochemical products.

Vietnam stands firm as a safe, attractive, and high potential investment option for foreign investors in 2022, said Minister of Planning and Investment Nguyen Chi Dung.

This pharmaceutical park is expected to be a strategic lever to turn Vietnam into a leading pharmaceutical research, development and production base in Southeast Asia.

The goal would be to fully disburse 100% of the allocated funds in 2022 with high quality and efficiency.

With Vietnam’s strong commitment at the COP26 last November to reach net-zero by 2050, the development and investment in renewable energy projects are of strategic national importance.

The latest purchase put Phuc Long’s valuation at $355 million.

The project, invested by An Phat Holdings, is considered the largest green materials factory in Southeast Asia.

With such sluggish construction progress, Long Thanh International Airport may not be able to become operational by 2025 as planned.

European companies ended 2021 more positive and optimistic about the trade and investment environment in Vietnam.

As part of the Dialogue, a round-table will be held in June bringing together Vietnamese and Australian businesses to discuss economic opportunities.

Vietnam remains an attractive market in the eyes of investors with clear advantages such as a quality workforce and a large domestic market of high potential.

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.

The Vietnamese creative startup ecosystem is drawing an increasingly active participation.

The project is set to proceed under the public-private partnership (PPP).

During the 10-month period, Vietnam’s M&A market attracted over US$8.8 billion, a surge of 18% against 2020 and 13.7% compared to the pre-pandemic period in 2019.

The ODA would help realize the Government’s vision of ensuring inclusive growth by accelerating the development level of poor provinces/cities that otherwise would not be able to mobilize domestic funds.

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.