Accelerating the attraction of high-quality FDI in manufacturing and processing

Illustration photo.

According to the General Statistics Office ( Ministry of Finance ), as of September 30 this year, the total registered foreign investment capital in Vietnam reached 28.54 billion USD, an increase of 15.2% over the same period last year. Of which, newly registered capital increased by 17.4% in the number of projects compared to the same period.

Regarding realized capital, the first 9 months of this year continued to set a record when realized FDI capital was estimated at 18.8 billion USD, up 8.5% over the same period and the highest figure for 9 months in the past 5 years. It is worth noting that this record level has been maintained for many months, showing that foreign investors continue to pour capital into factories and workshops.

The processing and manufacturing industry continues to lead in disbursement with 15.56 billion USD, affirming its role as the main driving force of the economy . More and more countries in the region are choosing Vietnam as a destination for high-tech factories, of which Japan is a typical example.

Assessing that the Vietnamese aviation market is growing by over 10%, Japanese enterprises have set up factories here to produce and supply supporting components for this industry. The representative of the Japanese Embassy in Vietnam affirmed: Many manufacturing enterprises of the land of the rising sun are researching and deciding to expand investment in Vietnam.

Mr. Ishika Wa Isamu - Deputy Ambassador of Japan to Vietnam commented: "Vietnam has more and more high-tech industrial parks enjoying preferential policies, Vietnamese enterprises also have an open mind, are ready to cooperate and update new technology. This is the strength of Japanese investors who consider Vietnam an attractive investment destination."

According to the sharing of industrial parks in Hanoi , the current occupancy rate of industrial parks is quite high, so industrial parks are also preparing more land funds, diversifying infrastructure in a green and sustainable trend to meet the requirements of FDI partners.

According to the representative of the Hanoi City Supporting Industry Association, the emergence of large investors has led to strong demand from satellite enterprises and secondary investors, especially in the supply chain of components and supporting industrial products. Therefore, the ecosystem model in the industrial park from the component supply chain, assembly plants, and transportation units is necessary. This will help Vietnamese enterprises to supply made-in-Vietnam components to the international production chain right at home.

Japanese investors also said they are willing to cooperate with Vietnamese vocational schools to train according to business orders, ensuring the quality of high-tech engineers. Businesses also expect localities to quickly complete the two-level government apparatus to support investment procedures for businesses quickly and smoothly.

Source: https://vtv.vn/tang-toc-thu-hut-fdi-chat-luong-cao-che-bien-che-tao-100251020141954641.htm