- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
Vietnam is ready to welcome a large influx of foreign investment thanks to economic reforms and a favorable investment environment. Transparent policies and streamlined administrative procedures create ideal conditions for investment opportunities.
Foxconn has been present in Vietnam since 2007, specializing in the production of consumer electronics. To date, Foxconn has invested over $3 billion in Vietnam.
Vietnam is emerging as a significant investment destination thanks to its impressive potential and development prospects. Political stability, economic growth, and a favorable investment environment have drawn attention from international investors.
Economic and investment relations between South Korea and Vietnam have developed strongly. As a result, Korean businesses have been flocking to Vietnam to seek long-term business and investment opportunities.
Despite adverse COVID-19 impacts on the global economy, Vietnam’s selective investment attraction policy with priority to high-quality projects has proved effective, according to experts.
This is also the assessment of Dr. Majo George, an Indian lecturer currently teaching at RMIT University Vietnam, when considering the significance of the recent state visit of the Prime Minister of Vietnam to India.
The semiconductor industry is one of the fastest-growing sectors, attracting significant attention from foreign direct investment (FDI) investors. Vietnam is currently attracting FDI to capitalize on the potential of this industry.
Decree 80 recently issued by the Government allows the implementation of direct power purchase (DPPA mechanism), not only unlocking renewable energy resources, attracting investment but also helping transition to green production.
