Update news Chinese capital
The increase in Chinese FDI in Vietnam is good news, but there are many risks that need to be anticipated.
Instead of refusing Chinese capital, it would be better for Vietnam to receive capital flow in a tactical way to serve investment for development, experts say.
VietNamNet Bridge - Vietnam, which is drafting a strategy on foreign direct investments (FDI) to 2030, has been advised to lure more investors from the US and the EU to diversify FDI capital sources.
China’s capital flow to Vietnam has grown slowly, but that is changing rapidly, analysts say.
VietNamNet Bridge - Chinese capital is heading for a series of business fields in Vietnam. What will the capital bring?
VietNamNet Bridge – So-called “Chinese capital flight” – that is, Chinese investors fleeing from China– may cause the flow of Chinese capital into Vietnam to soar in the years to come.
VietNamNet Bridge – Cash from China and Chinese-speaking territories has been and will continue to be the main funding source for the Vietnamese real estate market, analysts say.
China has never been listed among the biggest foreign direct investors in Vietnam or the biggest ODA (official development assistance) providers. However, Vietnamese enterprises now tend to seek Chinese capital for their huge projects.