'Magnet' attracting foreign capital

What is the reason why the processing and manufacturing industry attracts foreign capital?

Looking at the FDI picture in the first two months of 2025, it can be seen that the processing and manufacturing industry still creates special attraction for foreign investors. How do you evaluate this reality?

Not only in the first months of 2025, but up to now, the processing and manufacturing industry has been considered a 'magnet' attracting foreign capital. In the first two months of 2025, if including newly registered capital and adjusted registered capital of licensed projects from previous years, the registered foreign direct investment capital in the processing and manufacturing industry reached 4.51 billion USD, accounting for 70.8% of the total newly registered and increased capital.

In addition, in the first two months of the year, Vietnam's processing and manufacturing industry also attracted nearly 200 million USD of FDI capital through capital contributions and share purchases by foreign investors, thus the processing and manufacturing industry has attracted about 4.7 billion USD of FDI capital since the beginning of the year.

Notably, not only dominating in registered FDI capital, in the first two months of the year, FDI capital implemented in the processing and manufacturing industry also reached 2.42 billion USD, accounting for 82.1% of total FDI capital implemented in Vietnam. This is a significant amount of capital, showing the attractiveness of the processing and manufacturing industry.

The reason why the processing and manufacturing industry is attractive to foreign investors is because Vietnam is still in the golden population period, with an abundant, highly skilled workforce. Vietnamese workers are eager to learn and adapt quickly to the new context. In addition, the investment environment in Vietnam in recent years has attracted many of the world's leading industrial corporations to invest, operate in production and business and achieve certain successes, for example: Samsung, LG, Canon, Honda, Toyota... These corporations have and will attract a large number of satellite enterprises operating in the processing and manufacturing industry to invest in Vietnam.

In addition to the above reasons, the policy of attracting foreign investment to Vietnam in recent years has been assessed as open, creating favorable conditions for foreign investors to come to production and business activities. This is also an important factor that helps Vietnam attract many FDI projects in the processing and manufacturing industry.

Attracting many FDI projects in the processing and manufacturing industry is considered a great success for Vietnam. This will be a good opportunity for Vietnam to achieve the goal of becoming a developing country with modern industry and high average income by 2030. By 2045, it will become a developed country with high income as the goal set out in the Resolution of the 13th National Party Congress.

Source: https://congthuong.vn/cong-nghiep-che-bien-che-tao-thoi-nam-cham-hut-von-ngoai-377701.html