Despite adverse effects from the COVID-19 pandemic, foreign investors still put their faith in Vietnam’s economy and investment environment. Nearly 5 billion USD of direct investment capital from FDI enterprises was attracted into Vietnam in the first 2 months of 2022 is a positive signal.

Timely decisions of the Government such as Resolution 105/NQ-CP, Resolution No. 128/NQ-CP, etc. have reassured the FDI business community, thus, foreign investment continues to flow into Vietnam.

Since the beginning of the year, Vietnam has attracted nearly 5 billion USD in FDI, although this figure is 91.5% over the same period last year, it shows a positive signal during the pandemic.

Notably, the realized capital of foreign investment projects in the first two months of the year reached US$2.68 billion, up 7.2% over the same period last year and 0.4 percentage points higher than January 2022.

Looking back in 2021, foreign investment capital into Vietnam reached 31.15 billion USD, up 9.2% over the same period in 2020. This shows that foreign investors have placed great confidence in the environment. Vietnam Investment School. Newly registered and adjusted investment capital both increased compared to 2020, specially adjusted capital increased sharply by 40.5%.

The bright spot to attract FDI enterprises in Vietnam

Investors still see Vietnam as a bright spot with many potentials and opportunities, in the immediate future, in terms of new investment projects, expansion, or additional investment. Some big investors have studied and explored the Vietnamese market before and still made investment decisions even in the context of the epidemic.

On the other hand, many small and medium-sized companies, or those who want to move their production chains to Vietnam, have the need to go to the field to make investment decisions. These European businesses are looking forward to simplifying the procedure to pick up passengers from international routes from March 15

FDI will continue to be a particularly important capital flow for growth and international economic integration, contributing to additional capital, technology, management capacity, business ability to organize and participate in global supply chains.

In the context of the limited capital supply, countries are taking advantage of attracting external resources to maintain and recover their economies, competing to attract FDI among developing countries with similarities in market, development level, technology and labor are becoming more and more intense. Therefore, in order to continue to maintain and enhance the goal of attracting FDI enterprises, Vietnam needs to implement a number of key solutions.

Firstly, timely review and adjust foreign investment policies to suit and keep up with fluctuations of the global economy and changes in strategies to attract FDI enterprises of countries around the world. At the same time, create a competitive and open business investment environment, remove difficulties and obstacles in policy to create the most favorable conditions for the operation of enterprises and investors.