Usaid

According to the Ministry of Planning and Investment (MPI), newly registered capital, supplemented capital and capital contributions of foreign investors in the first four months of 2020 reached a total of US$12.33 billion, equivalent to 84.5% of the figure for the same period in 2019. The decrease in FDI pledges in the four-month period was also less than the decrease in the three-month period. This is an indication that the decline of FDI inflow will soon end and it is expected to increase sharply in the near future. According to economic experts, Vietnam's successful control of the COVID-19 pandemic will be the driving force to lure FDI inflow into Vietnam in the near future. Not only FDI, Vietnam has the opportunity to attract investors who wish to relocate their projects. American, Japanese, and European enterprises who intended to move their production out of China due to increasing labour prices and the impacts of the US-China trade war will accelerate this process amid … [Read more...] about Receiving the movement of FDI inflow