Amidst a slowdown in global investment flows, Vietnam continues to stand out as a particularly attractive investment destination. In the first eight months of this year alone, actual FDI in Vietnam increased by nearly 9% year-on-year. Multinational corporations such as Samsung, LG, Lotte, Goertek, and Luxshare have continued to increase their investments, demonstrating the growing confidence of international investors.
Vietnam attracts investors not only because of its stable growth rate and strategic geographical location, but also because of its large and young consumer market. This, coupled with the promotion of multiple free trade agreements, has made it easier for Vietnamese-made products to enter major global markets.
More importantly, Vietnam is striving to align with international standards: implementing a global minimum tax system, reforming the investment environment, and improving transparency and governance, bringing greater peace of mind to investors seeking long-term and sustainable development.
Of course, opportunities always come with challenges. Vietnam faces stiff competition from regional rivals like India, Thailand, and Indonesia. Infrastructure and supporting industries still need improvement. International tax policies and sustainable development requirements also present new challenges.
However, positive signs are gradually emerging. The government is implementing corporate tax reforms, streamlining administrative procedures, and granting greater autonomy to local governments. These measures are further consolidating investor trust.
In short, Vietnam stands at the threshold of a golden opportunity and is poised to become a long-term and sustainable destination for global investors. The key lies in truly transforming these advantages into a powerful driver of international competition.
