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Update on mega foreign invested projects in Vietnam

10:39 AM - 17/02/2016
As of the end of January 2016, there were 20,056 foreign direct investment projects in Vietnam with a total capital sum of $280 billion. Many multinational companies are present and continue to expand their investment in the country.

The projects are mostly industrial in nature, with the lion’s share being steel, power, and manufacturing, as well as real estate. The presence of big multinational companies, such as Intel, Samsung, Posco, and LG, indicates that Vietnam is an attractive destination due to competitive labour costs and the ever-improving business environment.

On the other hand, Vietnamese companies have been gradually increasing their capacity and product quality in order to join the global supply chain. However the connection between Vietnamese and foreign companies remains weak.

Below is the list of mega foreign direct investment (FDI) projects licensed during the 10-year period from 2006 to 2015 and their current status.

By Ha Duy.

Full: (http://www.vir.com.vn/update-on-mega-foreign-invested-projects-in-vietnam.html)

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