WHY SHOULD INVEST IN VIETNAM?

GEOGRAPHICAL ADVANTAGES

Vietnam is located in the South East of Indochinese peninsula; belong to the South East Asia. It’s in the boundary of the adjacent region between two continents namely Europe-Asia and Oceania vertically, and between Pacific Ocean and Indian Ocean horizontally. The nature of interaction between different natural systems makes Vietnam a diverse natural surface as well as complex natural resources. Vietnam is on the bustling nautical West – East road and in the middle of sea line of Hong Kong - Singapore enabling construction of a world-class deep-water ports and center for transaction with national and international stature. The favorable location enables Vietnam to reach the world first-class active trade centers easier and more convenient.

BUSINESS ADVANTAGES

Vietnam is considered a politically and socially stable country. Vietnam has achieved high GDP growth rate and has maintained political and macroeconomic stability thanks to renovation policies. International integration activities have been improved significantly. Vietnam’s steady steps forward in international integration include expanding markets, developing trade relation with almost all countries in the world, becoming an important ASEAN member, participating in AFTA and APEC, signing bilateral and multilateral agreements and finally becoming an official member WTO in 2007. In the context of recent terrorism-related events, Vietnam is regarded a safe investment destination. 

STABLE ECONOMY AND POLITICS

The average GDP growth is 4.4% per annum. Infrastructure has also been considerably improved. Electricity sources and transmission systems achieved a comprehensive development with hydroelectricity accounts for 38%, thermo electricity occupies 62%. Material facilities for services such as tourism, postal service, telecommunication, transportation, finance, banking, insurance, retail distribution has developed rapidly. The economic sector structure has been gradually transformed towards industrialization, modernization. Agricultural sector still plays an important role in Vietnam’s economy. Vietnam has gained achievements especially opening export market to many regions around the world. EU became second biggest trade partner and the EU is currently one of the largest foreign investors in Vietnam.

FOREIGN INVESTMENT IN VIETNAM

Till the end of 2010, there have been approximately 4,895 turns of investment capital. The supplementary capital mainly focused on the Asian investors’ industrial projects which were mainly implemented in the Southern key economic zone. Priority in attracting foreign investment is given to sectors which have the highest impacts on handing over the technology especially advanced technology and source technology, and boosting export, creating jobs, and projects to make highly competitive products and services, and infrastructure construction projects.

By Invest in Vietnam.com