Vietnam still attracts many foreign investors

Announcement Ceremony of the 2024 FDI Annual Report.

Forecasting the opportunity to attract FDI in 2025, Professor Nguyen Mai said that the world's political , economic, trade and investment situation is still unpredictable, creating challenges for Vietnam's economic growth and FDI attraction.

However, Vietnam is still considered a successful model in attracting FDI thanks to its increasingly perfect institutions and business environment, stable political foundation and high economic growth potential. In particular, the fields in Vietnam that are attractive to foreign investors are the semiconductor industry, future technology, clean energy, science and technology...

FDI projects in Quang Ngai have created jobs and income for many local people.

To "improve the quality" of foreign capital flows, in order to achieve the goal of the digital economy accounting for about 30% of GDP by 2030, according to Professor Nguyen Mai, Vietnam needs to increase the proportion of investment from the State budget for research and development (R&D), innovation, encourage businesses to establish R&D centers and transfer technology through tax incentives and financial support.

“In addition, it is necessary to attract domestic and international resources to invest in developing new industries such as artificial intelligence, information technology, and professions that create a lot of added value; focus on investing in training digital generation citizens, reforming education and training so that the new generation of citizens has knowledge, skills and can adapt to the circular economic growth model and digital economy,” Professor Nguyen Mai proposed.

Vietnam needs to transform its growth model based on modern technology and high-quality human resources, increase national competitiveness; reduce licensing procedures and implement investment projects; and increase support for investors and businesses when facing difficulties.

Highly appreciating the VAFIE Annual FDI Report, experts emphasized that the report was carefully and scientifically prepared, with carefully selected data and practical surveys, thereby providing many good recommendations and solutions for management agencies. However, in reality, since the beginning of the year, the world's socio-economic situation has changed very quickly, with many unknowns that are difficult to fully imagine. Therefore, in order to have forecasts and recommendations to attract FDI in 2025, the drafting committee needs to continue researching so that it can provide useful information for businesses and policy makers.

Presenting the report, Prof. Dr. Nguyen Mai, Editor-in-Chief of the report, assessed that Vietnam continues to be a positive exception in attracting foreign direct investment (FDI) in the context of many fluctuations in the global and regional context. Specifically: FDI implemented in Vietnam reached 22 billion USD in 2023 and reached 25 billion USD in 2024, impressive figures showing that international capital flows continue to trust and choose Vietnam as a long-term investment destination.

This year’s annual report has shown that new investment trends that foreign enterprises are increasingly interested in are strategic industries such as semiconductors, renewable energy, high technology and high-quality human resource training. Specifically, enterprises from Denmark, France, Belgium, South Korea and Taiwan highly appreciate the potential of offshore wind power in Vietnam; Japan shows special interest in the clean energy sector; while South Korea plans to increase investment in key industries such as semiconductors, artificial intelligence (AI), big data and renewable energy.

According to baotintuc.vn

Source: https://baolaocai.vn/viet-nam-van-thu-hut-nhieu-nha-dau-tu-ngoai-post400318.html