Industrial Zone (IZ) developers are pocketing big money as Vietnam is welcoming new foreign investors.
The logistics sector has seen a number of large-scale investments in the first months of the year as it experiences a period of significant growth that is vital to the ongoing development of the country’s economic recovery.
Despite challenges in terms of labor resources, supply chain disruptions, geopolitical fluctuations and economic conflicts, Vietnam still sees opportunities from various shifting investment waves and changes in trade structure and order.
There were reports that Samsung had relocated two smartphone production lines of its business partners from Vietnam to the Republic of Korea (RoK) to ensure a smooth supply chain.
The increasing presence of foreign giants has put great pressure on domestic retailers.
Businesses from the Republic of Korea (RoK) poured over 2.43 billion USD into Vietnam in the first eight months of 2021, ranking third in terms of total registered capital after Singapore and Japan.
As the market is witnessing adjustments in the rate of ownership for foreign investors in banks, analysts say that it depends on the strategy and business plan of each bank from time to time.
Private equity firms are actively seeking potential investment targets in Vietnam with a number of deals being secured during the fourth COVID-19 outbreak.
Vietnam was named among the world’s top 20 host economies for foreign direct investment (FDI) for the first time in 2020 with an inflow of 16 billion USD.
In the last days of 2020, the rumor that Taiwanese group Foxconn - Apple's supplier – was moving part of its Ipad and MacBook production line to Vietnam at Apple's request created a stir.