Vietnam foreign investment closes in on full-year target


Foreign direct investment (FDI) this year has been worth US$12.63 billion, and analysts believe that the full-year target of $13-14 billion will be achieved or even exceeded.

The investment in the first eight months represents a year-on-year increase of 19.5 percent.

Last year the country unexpectedly achieved the target of $15-17 billion by attracting $16.3 billion.

The country failed to achieve the FDI target in the previous two years.

In a recent press release, Neil Macgregor, managing director of Savills Vietnam, said his company has seen “great level of interest” from foreign investors who eye the country as a medium- to long-term investment destination.

“We are now seeing opportunities to invest across all sectors throughout Vietnam,” the UK-based property services provider said.    

In the first eight months manufacturing and processing attracted the largest amount of investment — $10.82 billion.

Property followed with $588 million. 

The sector has “certain advantages” compared to those in neighboring countries, Savills said.

Both the Ho Chi Minh City and Hanoi markets are “at the bottom of the real estate cycle,” signalling a recovery soon, it added.

This year Japan has remained the largest investor in Vietnam with $4.3 billion, followed by Singapore and Russia.

Source : Thanh Nien News | August 27, 2013


About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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