Foreign Investment

Vietnam will actively and selectively attract foreign investments, taking high-quality, efficiency, modern technology and environmental protection as the key benchmarks.

IPs and EZs in Vietnam have attracted a total of 10,009 foreign-invested projects with total registered capital of nearly US$197.8 billion to date, 70% of which has been disbursed.

Vietnam needs US$7 – 10 billion for new energy projects each year.

There will be enormous incentives in trade between Vietnam and the EU, including the Netherlands, especially as both sides have ratified the EU–Vietnam Free Trade Agreement (EVFTA).

A survey by Corporate Investment and Mergers & Acquisitions Center also showed that one of the obstacles to M&A deals in Vietnam is the time consuming approval process.

Part of blame is the business performance of the FDI firms which lack stability and significant growth in annual profits, which discourages investors.

In addition to being positive on cross-border investment, 62% of respondents in Vietnam expect to increase their domestic investment in the next 12 months, higher than other economies such as China, Japan and Singapore.

On the back of the estimated GRDP growth rate of 7.46% in 2019, a four-year high, Hanoi targets the GRDP in 2020 to grow at least 7.5% onwards.

On the occasion of the Teachers’ Day in Vietnam, Mr. Troy Griffiths, deputy managing director of Savills Vietnam, shares his view on investments in the education sector in this country.