A conference, titled ‘New vision, new opportunities for FDI in the new era’, is expected to take place on October 4 to review the 30-year period of attracting FDI.

Deputy PM Vuong Dinh Hue asked MOF to set up a mechanism to control the enterprises.

Chinese investment has generated jobs and brought capital, but it may also bring about environmental risks and cause problems in foreign worker management, experts say.

The Ministry of Planning and Investment (MPI) says it will change the current policy on attracting and using FDI and begin to offer investment incentives more selectively.

VietNamNet Bridge - After 30 years of attracting FDI, the country understands what it has gained and what it should ‘pay’ for capital flow. 

VietNamNet Bridge - Foreign investors receive significant investment incentives in Vietnam and have the same rights as Vietnamese investors.

VietNamNet Bridge - Foreign direct investment (FDI) keeps flowing to Vietnam, but investors are increasingly pouring more capital through M&As.

VietNamNet Bridge - Many owners of foreign-invested enterprise in debt to banks, other enterprises and tax agencies have fled, reflecting loopholes in state management.

The recent research of international institutions have found problems in FDI in Vietnam: while the pledged investment capital is high, the disbursement is modest.

VietNamNet Bridge - Many commercial banks intend to open more branches and transaction points overseas, or allocate more capital to their overseas branches.

VietNamNet Bridge - The trade war is driving to FDI (foreign direct investment) flow to other countries, including Vietnam, which will, nevertheless, have to compete fiercely with others to attract the capital.

VietNamNet Bridge - Analysts say they can see opportunities for Vietnam in the US-China trade war. Signs show that Asian manufacturers are relocating their production bases to Vietnam.

Vietnam, which has been using ODA (official  development assistance) capital for 25 years, has looked at the situation realistically and found the problems of ODA.

Nearly 5,000 deals involving foreigners buying into Vietnamese businesses have been reported so far this year, an increase of 50 percent compared with 2017.

The investment promotion conferences recently held by provincial authorities all have been ‘more successful than expected’ with registered investment capital worth billions of dollars. However, it’s unclear how many projects will actually occur .

VietNamNet Bridge - Vietnam wants to attract foreign direct investment (FDI) mostly from the fields of manufacturing/processing, service and logistics, agriculture, tourism, education and tourism.

Vietnam welcomes foreign investors, hoping that their capital and technology will help improve the country’s industry, but technology transfer has been disappointing. 

Japanese enterprises are entering the Vietnamese market gradually by buying into Vietnamese enterprises and cementing their positions in business fields with stable growth.

VietNamNet Bridge - Industrial real estate developers are using “clean land” funds and building workshops for lease in anticipation of a wave of foreign investors relocating to Vietnam.

VietNamNet Bridge - Vietnam’s outward investment has increased by 30 times compared to 10 years ago, according to the Vietnam Association of Foreign Invested Enterprises (VAFIEs).