Since early this year, South Korea and Hong Kong have invested in more than 250 projects including new projects and refinancing ones in Vietnam market. The total value of investment reaches nearly $ 2 billion.
According to international practice, foreign investment in Vietnam can now perform with two forms of direct and indirect investment. Recently, Vietnam has got more and more foreign investment.
By virtue of conducting accurate Vietnam foreign investment policy, the 25-year period of foreign investment in Vietnam proves the importance of enterprises with foreign owned capital in Vietnam socio-economic development and employment.
Vietnam is one of ASEAN countries appealing most foreign investors, especially American ones. The country attracts a large number of US investors by its available and low-cost human resource, along with a stable social security.
After Vietnam joined WTO, investment projects come to Vietnam more and more. Hanoi is one of the leading localities participating in appealing foreign investment in Northern Vietnam. Investment in Hanoi has gained significant achievement.
Vietnam investment environment is increasingly appealing more foreign investors, as advantages of cheap labor cost and attractive incentive policies. Many world leading investors pouring huge capitals in Vietnam are Samsung, Nokia, and Intel, etc.
With improved macroeconomic situation in Vietnam, low inflation and interest rates, Vietnam stock market is heading for the 14th year of constant net buying of foreigners. The improvement is accepted by international stock markets and financial community.
Vietnam business environment is attracting many companies and corporations from US to invest in various Vietnam economic sectors. This is a chance for Vietnam to define its potential and advantages and for US companies to expand business as well.