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Vietnam’s investment planners are forecasting a massive surge in the foreign direct investment capital on the back of the country’s recent diplomatic successes. According to a survey conducted by the Asian Business Council, Vietnam ranked third for investment attraction among Asian nations in the 2007-2009 period, after China and India. (VIR, No. 837, 29.10.2007)

FDI Outlook in Vientam in year 2009

Total new registered capital of FDI projects is about 21.48 billion USD, in which 16.34 billion USD is newly licensed project (76% contribution, 839 projects). Top 3 provinces attracts FDI in Vietnam is Baria-Vung Tau (6.73 bil. $US, in which 2.857 bil.$US of 12 new licensed projects), Quang Nam (4.174, 4.150, 1), Binh Duong (2.502, 2.152, 95). Hochiminh City and Hanoi are ranked number #7 and #8 accordingly. However, the number of license granted by those major economic hubs of Vietnam is almost 537 licenses (64% of total new licenses granted in Vietnam)

More details on Vietnam Ranking Index, as investment environment

Vietnam Ministry of Industry and Trade has expected the industrial output contribution growth of FDI segment remaining at high over 15% year on year.

Focus more news of VIETNAM INDUSTRY

Vietnam Ministry of Planning & Investment (MPI) has official set the FDI target of year 2009. Country targets to attract 30 billion$US in year 2009 (almost a half of actual in year 2008). There are some reasons explained from authorities : (1) world financial crisis (2) Other regional countries has raised up their competitiveness indexes, which could attract more FDI flow in (3) Other reasons from selft country competitivness like infrastructure conditions, amdministration process ...Vietnam's GDP growth rate in year 2009 is planned at 6.5%

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A. Classified by Industry

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More Industry Analysis : Paper Industry - Cement Industry - Petrochemical Industry - Construction Industry

B. TOP 20 FDI countries to Vietnam

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C. Review 10 years of FDI

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A. Classified by industrial segments

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More Industry Analysis : Paper Industry - Cement Industry - Petrochemical Industry - Construction Industry

B. Top 20 investor in last 9 years

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A. Classified by Industry

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B. Review in last 8 years

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Viet Nam attracted foreign direct investment (FDI) of 5.8 billion USD in 2005, a record high for the past eight years. Of the total figure, almost four billion USD comes from 771 newly licensed FDI projects and the rest from additional investment injected into existing projects.
2005 couldn't have gone better for foreign entrepreneurs in Viet Nam, who reached their highest revenue, 20 billion USD, since the 1997 Asian monetary crisis, and contributed 1.3 billion USD to the State budget.

The Government has relentlessly perfected its legal system, created more incentive policies for foreign investors and tried to fulfill its commitments to the international community. These progressive steps, he said, have consolidated the confidence of foreign investors in pouring their money into the country. Besides, Viet Nam's efforts to maintain its socio-political stability and step up and professionalise investment promotion activities also play a crucial role in increasing the FDI flow.

It is also recommended that the Government speed up improvement of its legal mechanism, prepare instructive documents for the implementation of the Investment Law and the Enterprise Law, intensify the decentralisation process and investment management work, create incentive policies for the development of supporting industries and facilitate the Viet Nam-Japan Joint Initiative Programme and the Viet Nam-Singapore Economic Linkage Project, he said, adding that these are crucial steps to raise Viet Nam's competitiveness in attracting FDI. (Brief from Vietnam News Agency, Vneconomy News)

VIETNAM FDI MECHANISM (1998 - NOVEMBER 2005). Source: MOT, MPI, VNA