The above figures demonstrate Vietnam’s growing appeal on the global investment map, in the context of the reshaping of the supply chain and the increasing trend of international investment capital shifting.

 

Dr. Can Van Luc, member of the Prime Minister’s Policy Advisory Council, analyzed that the latest recorded figures show that Singapore leads among 60 countries and territories with new projects in Vietnam, pouring 1.6 billion USD (accounting for 28.6%), followed by China with 1.52 billion USD (27.1%) and Japan with 573.2 million USD (10.3%). In the disbursement structure, the processing and manufacturing industry accounts for 81%, clearly reflecting the investment orientation in industries with high technology content and added value.

 

Not only increasing in quantity, many economic experts also pointed out that the quality of FDI capital flows has improved significantly. Many large investment projects have been implemented from 2024 to present.

 

These are the Colorful Nylon Fiber Man-made Fiber Factory in Tay Ninh (estimated at 121 million USD), the Erex Tuyen Quang Biomass Power Plant from Japan (estimated at 116 million USD), Sembcorp SIS Dinh Vu Logistics Center Phase 2 in Hai Phong City (estimated at 49 million USD) and the Mustang Battery Factory in Long An (estimated at 47 million USD)... These projects range from renewable energy, supporting industries to logistics and new materials.

 

For Ho Chi Minh City, there are currently more than 13,600 valid FDI projects, accounting for over 32% of the total number of projects nationwide and about 11.7% of the total registered FDI capital. The city is promoting the planning of 14 new industrial parks with a total area of ​​over 3,800 hectares, developing in a green, high-tech, modern and specialized direction.

 

At the same time, the city is also converting traditional industrial and export processing zones such as Tan Thuan, Hiep Phuoc, Tan Binh, Binh Chieu into multi-functional, logistics or creative industrial zones to create new development spaces, linking infrastructure planning with foreign investment attraction strategies.

 

Mr. Gabor Fluit, Chairman of the European Chamber of Commerce in Vietnam (EuroCham), commented: “Vietnam in general is one of the potential markets in the region, where European businesses aim for long-term investment”. According to the Business Confidence Index (BCI) survey recently published by EuroCham, the BCI increased to 46.3 points, showing a positive recovery trend in the European business community in Vietnam.

 

Meanwhile, a survey by the Japan External Trade Organization showed that more than 56% of Japanese businesses in Vietnam plan to expand their investment in the next 1-2 years. Policy stability and support from local authorities are the reasons why Japanese investors continue to place their trust in Vietnam.

 

Expanding investment capital

 

Explaining the success in attracting FDI, Mr. Nguyen Ngoc Hoa, Chairman of the Ho Chi Minh City Business Association (HUBA), emphasized administrative reform, streamlining procedures and creating maximum convenience for investors, proactively applying information technology to shorten the time to process investment dossiers. The Vietnamese government and localities have actively reformed and implemented preferential policies, creating confidence for international investors. This is an important driving force to promote sustainable economic development in the region.

 

Z5d.jpg

Nidec Group’s factory in Ho Chi Minh City High-Tech Park - one of the typical FDI enterprises from Japan. Photo: Hoang Hung

Sharing on this issue, Dr. Can Van Luc said that Vietnam continues to affirm its advantages in macroeconomic stability and institutional reform. The institutional breakthroughs that the Government is implementing, especially the "strategic quartet" including: digital transformation - science and technology (Resolution 57), international economic integration (Resolution 59), institutional reform (Resolution 66) and private economic development (Resolution 68) will lay the foundation for Vietnam’s economy to accelerate in the coming time.

 

In particular, Resolution 68 opens up a new space for private enterprises when they are guaranteed 3 core rights: market access, resources and property rights. This is also an opportunity to strongly attract foreign investment capital.

 

The Government is resolutely removing 2,200 stalled public investment projects with a total capital of nearly 5.9 million billion VND, equivalent to 50% of GDP.