Vietnam is still a safe destination for FDI

Many foreign businesses and corporations said they would continue to pour investment capital into Vietnam, thanks to optimism about the economy's ability to recover and solid foundations.

FDI capital continues to flow into Vietnam

“If in the past, Samsung only invested in manufacturing and assembling, in the future, the Group will upgrade and invest more in research and development to make Samsung Vietnam a major production base in the whole world. demand", said Mr. Choi Joo Ho, General Director of Samsung Vietnam Complex, at the seminar with the theme "Covid-19 and FDI: Impacts and Prospects" invested by the Government Portal. this week (September 27).

The production expansion plans of Samsung, Nestlé, or many other foreign direct investment (FDI) enterprises in the first nine months of 2021 speak to the Government's consistent message in creating all conditions for investors overcome difficulties of the epidemic, promote investment attraction and economic development.

Vietnam will still be a safe and attractive investment destination

“The above positive signals have shown the optimism and confidence of foreign investors about Vietnam's ability to recover strong socio-economic development in the coming time. At the same time, it affirms that Vietnam will still be a safe, attractive and potential investment destination for foreign investors," said Ms. Nguyen Thi Bich Ngoc, Deputy Minister of Planning and Investment.

According to the World Bank Senior Economist in Vietnam, Ms. Dorsati Mandani, FDI investors still believe in the prospects of the Vietnamese economy for many reasons. Vietnam is still among the economies with good growth (2.9% in 2020) while most other countries experience serious economic decline. "It's a sign of resilience, showing that the fundamentals of the Vietnamese economy are solid," Ms. Dorsati Mandani said.