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Vietnam continues to attract foreign investment

European companies are more and more inclined to invest in Vietnam and are more confident about the economic growth prospects here – that is the content highlighted on 2 pages Le Petit Journal and Fiber to fashion.

The EuroCham report clearly shows that the Index business environment of Vietnam increased to 73% in the first quarter of 2022.

Mr. Alanin Cany – President of the European Chamber of Commerce in Vietnam (EuroCham) said: “We are happy that the index has increased by 12 points. The index has gradually returned to the highest number in 3 years or more. 69% of our members believe that in the second quarter of this year, the economy will record stability and growth.”

The Bangkok Post page of Thailand emphasized that Asia Plus Securities Company ASPS supports increasing investment in Vietnam on the grounds that the country has high growth prospects.

“Japanese businesses always consider Vietnam an attractive investment place because it has a stable socio-political background, high-quality labor, abundant and cheap land and offices. Vietnam is a country It is the only one in Southeast Asia with positive growth in 2020 and 2021”, said Mr. Nakajima Takeo – Vice President of the Japan Business Association in Vietnam JCCI.

Vietnam continues to attract foreign investment - Photo 1.

Vietnam continues to attract foreign investment. (Illustration image – Photo: Dan Tri)

“Investment in Vietnam’s start-ups in 2021 is the highest ever” is the title of the article on Japan’s Jetro website. In 2021, there were 165 investment projects in Vietnamese start-ups, an increase of more than 57% compared to last year, with a total value of more than 1.44 billion USD. These are all the highest numbers ever.

Mr. Gibs S.Song – General partner, VSV Capital expressed: “I am a foreign investor myself and I always feel welcome here. I always feel Vietnamese people, Vietnamese government. Nam treats me well and I feel the country’s openness.”

“Vietnam has a workforce with entrepreneurial spirit, determination and hard work. These startups are not concentrated in one field, but have diversity from fintech, e-commerce or technology. education, ed-tech… This reflects a digital economy that is gradually taking shape with strong growth,” said Mr. Tim Evans – Managing Director of HSBC Vietnam.

According to the General Statistics Office, foreign direct investment implemented in Vietnam continues to be the bright spot of the economy. In the first 4 months of this year, foreign direct investment capital was estimated at more than 5.9 billion USD, up 7.6% over the same period last year.

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