Foreign Direct Investment or FDI is reaching sky high in Vietnam. The county is up for breaking their own foreign investment records. A country with impressive possibilities and Friendly commercial environment. They have opened the door for entrepreneurs around the world. The goal is to strengthen trade and economy of the nation.

Foreign Direct Investment in Vietnam

Brief background

60s and 70s war-torn Vietnam is now with immense opportunities. The country is attracting thousands of foreign investors all over the world. Vast natural resources and potentiality makes it a profitable destination for foreign investors. Vietnam is showing impressive GDP throughout the past years. After war have ended, within short time Vietnam stood up. Since than this country showed impressive GDP throughout several years. Until 1997, the growth was hampered due to the great Asian financial depression in 1997. Vietnam overcame that fall as well and kept a stable economic growth. In recently years the country's FDI is at 7%, a very impressive rate for any country.

Why investments in Vietnam?

Vietnam opened the door for potential business. Whether sole limited Liable Company or Branch office, foreign owners have many options. The country recorded the highest foreign investment of $17 billion in recent year. The FDI reached a record amount of more than $19 billion in December 2018. Country's potential business scopes are already flourishing. The nation is now joining with CPTPP, EU and Vietnam FTA to provide better opportunities. This joint operation will be beneficial for both local as well as foreign business.

Potential sectors for FDI


Statistical report show that manufacturing and processing industries are at highest investment point. Following these two, real estate and whole sale business has the most investment rate. Vietnam has other potential sectors where foreign entrepreneur can open up their business. Consult with experts from S & F consulting farm and know more about investments in Vietnam. Vietnam department of foreign investment

Future opportunities

Vietnam is enjoying economic boom. The steady growth of Gross domestic product is steady and stable. Experts forecast further improvements of trade due to undertaken policies by the government. Major countries like China and Japan are already investing a big chunk in Vietnam. Other countries like South Korea and Hong Kong are in the list too. Furthermore, other sectors like tourism are spreading their wings here. Capital city of the country, Hanoi, is already got its title for being one of the best tourist destinations. The country retained about 3 billion dollars from FDI and aimed for more in this sector. Northern region of Vietnam is rather focused on industrialization. This is again an opportunity for vast foreign business expenditure.

FAQ


Q. What is the current GDP of Vietnam?
A. The current GDP of Vietnam is 223.9 billion USD in 2017 statistics.

Q. What is CPTPP?
A. CPTPP stands for Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

Q. What are the top-ranking sectors for investment in Vietnam?
A. Manufacturing, Information technology industries, processing industries, real estate and education sector.