Foreign direct investment (FDI) inflows in Vietnam are set to record strong growth as the world moves past the novel coronavirus (COVID-19) epidemic, with plenty of investment coming from overseas Vietnamese, according to insiders.

As the United States and Vietnam celebrate 25 years of diplomatic relations, the partnership between the two is arguably at its strongest level, with growing trade and investment ties.

Vietnam has set to be a bright alternative in Asia for US businesses amid the unprecedented challenges.

Thirty-three investment funds that has pledged to pour US$ 815 million in Vietnamese innovation start-up businesses in the next five years.

ASEAN countries need to choose between recovery based on wasteful competition for investment or coordination, cooperation, and joint hands to generate sustainable tax revenue to spend on health, education,

With regional nations racing to lower their taxes in order to woo more investment, which may dent their coffers, creating feasible policies for collecting taxes is expected to help reach their goals of attracting more high-quality funding.

With great achievements in containing the Covid-19 pandemic and obtaining positive GDP growth rate in 2020, Vietnam is seen as an ideal destination for foreign investors.

Vietnam is determined to develop the economy in depth and shorten the time it takes to become a country with a high average income. To achieve this goal, the external force is important, but the internal one is the key decisive factor.

More and more investment deals are still being been made despite the Covid-19 pandemic. 

As opposed to that of supply, the recovery of demand remains weaker, which means that the recovery of growth in the coming time will depend largely upon whether consumers can bolster their purchasing power

Dong Nai has been among the leading localities in Vietnam in attracting foreign investment over recent years, with local authorities continuing to innovate and create a favourable investment environment.

The Ministry of Planning and Investment (MPI) is planning to name a list of eight border economic zones on priority for investment in 2021-2025, or one zone lower than the 2016-2020 period.

Vietnam has tremendous opportunities to attract foreign investment as global companies are seeking for a destination promising continuity, World Bank Country Director for Vietnam Carolyn Turk said.

The M&A market is forecast to see big changes since January 1, 2021 as the pandemic-induced slowdown wanes and the policy framework is radically improved.

Vietnam is emerging as one of the top picks for international investors in their strategy for diversifying production facilities. 

Vietnam still managed to maintain export growth in the first 10 months of this year despite COVID-19, and exports for the year as a whole are expected to rise 3-4 percent against 2019, according to the Ministry of Industry and Trade (MoIT).

The Khanh Hoa provincial authorities are seeking permission to develop a casino project on Hon Tre Island in Nha Trang City.

Vietnam has now become a top investment destination for foreign companies that are looking to form a sustainable supply chain for the future.

Vietnam attracted US$23.48 billion worth of FDI in the first 10 months of this year, equal to 80.6 per cent of the figure in the same period last year, the Ministry of Planning and Investment (MPI) has reported.

In the East Asian and Pacific region, Vietnam ranked third after China and the Philippines.