FDI investment in Vietnam remains stable amid the pandemic

For the first time, Vietnam is in the top 20 economies receiving the largest foreign direct investment capital FDI around the world by 2020.

In the ASEAN region, Vietnam is the third largest recipient of FDI and is one of the countries that has maintained stable FDI inflow growth over the years, even in the context of the COVID-19 pandemic. 19. Information from the event announcing the annual report on foreign direct investment (FDI) of Vietnam in 2021 took place recently.

In 2021, the registered capital of new projects tends to increase, reaching $ 8.8 million and the adjusted capital also witnessed an increase of 28.9%. According to experts, this shows that foreign investors believe in the success of their business in Vietnam, by adjusting their investment capital to expand their business and increase profits.

According to forecast, this year’s foreign investment will continue to grow by over 10% over the previous year. (Illustration – Photo: PLO)

In particular, despite the epidemic situation, M&A activities in Vietnam are still exciting, with a total value of 12 billion USD in 2021, an increase of 150% compared to the previous year.

In the first 4 months of 2022, the results of attracting foreign investment are still positive when reaching nearly 11 billion USD.

“We have a great advantage to strengthen investment cooperation with foreign enterprises. I think Vietnam’s economic growth this year can reach 6.5%. We are also in the process of improving improving policies, participating in agreements and commitments, some of which have been implemented, investors at recent conferences and seminars expressed their optimism about Vietnam’s investment environment. According to forecasts, this year’s foreign investment will continue to grow by over 10% over the previous year,” said Mr. Nguyen Anh Tuan, Standing Vice Chairman of the Association of Foreign Investment Enterprises.

Experts said that, in order to continue to attract FDI in the coming time, it is necessary to remove obstacles in the current Land Law, and it is necessary to issue a set of criteria to evaluate the effectiveness of the FDI sector, so that enterprises Any FDI with high scores will enjoy incentives such as tax and fee policies.

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