- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
Shunsin Vietnam Technology Co., Ltd., a subsidiary of Foxconn, will invest an additional $80 million in Quang Chau Industrial Park in Bắc Giang Province to manufacture chips.
Vietnam attracts foreign businesses thanks to its favorable investment environment, abundant labor, and competitive costs. Open-door policies and free trade agreements also enhance the country's appeal to global investors.
In view of the important contributions of investment capital to the local economy, Vietnam needs immediate solutions to attract more FDI and strengthen its sources, according to experts.
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.
Gautam Adani, Chairman of Adani Group, expressed his desire for the Vietnamese government to direct, facilitate, and propose some suggestions to help the group boost its investment activities in Vietnam.
Experts have raised strong support for a comprehensive reform for the draft revised Petroleum Law that will help further develop the country’s oil and gas industry.
In the face of global economic fluctuations, attracting foreign direct investment (FDI) has become a bright spot for Vietnam.
Since 2022, borrowing foreign capital without government guarantees has become more difficult, and according to feedback from many businesses, part of the reason is the tight control policies on foreign borrowing from the State Bank of 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.
Due to the appeal of industrial real estate, foreign investors continue to prioritize Vietnam in their goal of increasing market share.