From January to August 2019, Vietnam’s foreign direct investment (FDI) increased to 11.96 billion dollars. In the investment field, manufacturing and processing industries rank first, followed by real estate, and then wholesale and retail. We research some investment countries in Vietnam:
Hong Kong’s investment in Vietnam accounted for 24.9% of all foreign direct investment.
South Korea ranks second. So far, Samsung has invested tens billions dollars in Vietnam to make Vietnam its global mobile phone production center. LG Electronics has also made a huge investment in Vietnam and established a new production base worth $1.5 billion in the northern city.
Singapore ranks the third, with investments in Vietnam diversified in different geographic regions and fields, including services, processing and manufacturing, and real estate.
China ranks in the top of three. Recently, investment in Vietnam has increased rapidly. The trade tensions between China and the US have had a significant impact on the transfer of Chinese investment. Previously, Chinese investors were mainly small companies with low quality and outdated technology. However, many large-scale projects are now accelerating.
Japan ranks the fifth. With the development of the manufacturing industry, Japan’s investment in non-manufacturing industries in Vietnam, such as retail, wholesale, information technology, and professional support and education, will continue to increase.
The countries next are Taiwan, the US, the British Virgin Islands, Malaysia, France, Thailand, Australia, and the UK, all of which are considered major investors in Vietnam.
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You should refer: the benefits and risks of investing in Vietnam
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