3 foreign investors have pledged to invest in and expand investment in Vietnam this year with a total investment capital of 3.7 billion USD. The pledge was made at  a meeting between the Prime Minister and FDI businesses on Saturday,

According to the Ministry of Planning and Investment, the investment projects include a 1.6 billion USD South Korean project on heavy industry and logistics, a 1.5 billion USD German project on green production, and a 600 million USD Japanese project on medical equipment production. 

In his address, Chairman of the European Chamber of Commerce (EuroCham) Gabor Fluit said despite a number of difficulties, Vietnam is a rising star in investment attraction. He said the European business community in Vietnam will work closely with the Vietnamese government to make Vietnam a prosperous, strong country with sustainable, green growth.

Takeo Nakajima, Head of the Japan Economic and Trade Promotion Organization (JETRO) in Hanoi said Japanese businesses are willing to invest in Vietnam. Japan’s surveys show that 47% questioned businesses want to expand investment in Vietnam in the next 2 years. 

Takeo Nakajima said Japanese businesses are optimistic about business opportunities in Vietnam and that JETTRO will further cooperation between Japan and Vietnam, hoping that more FDI will be poured into Thanh Hoa, Quang Ninh, and Thai Binh province. 

Hong Sun, President of the Korean Chamber of Commerce in Vietnam (Kocham), said there are more than 9,000 South Korean businesses operating in Vietnam and bilateral trade reached 87.7 billion USD last year. He said in the near future, more Korean investors will invest in Vietnam.

Samsung has invested additional 20 billion USD in manufacturing and put into operation the R&D Center in Hanoi, the largest of its kind in Southeast Asia. 

Minister of Planning and Investment Nguyen Chi Dung said Vietnam will continue to remove bottlenecks in mobilizing resources to promote production and businesses and accelerate the disbursement of all investment resources. 

VOV