Mr. Nghiem Kien Hoa, Chairman of the Board of Directors of the Institute for Professional Strategic Studies, answered questions from VNA reporters. (Photo: Quang Hung/VNA)

In the context of many fluctuations in the global economy, Vietnam continues to affirm its position as one of the most attractive and safest investment destinations in Asia, highly appreciated by international businesses and experts for its stable political environment, open policies, and strong determination of the government to reform.

In an interview with a VNA reporter in Beijing, Mr. Nghiem Kien Hoa, Chairman of the Board of Directors of the Institute for Professional Strategic Studies, affirmed that Vietnam is becoming a strategic investment destination for Chinese and international enterprises.

He stated: “Vietnam has many favorable conditions for foreign enterprises to invest. Accordingly, Vietnam is a politically stable country, with one-party leadership, creating safety and trust for investors. Vietnam has a fast growth rate, a favorable business environment, and government and local leaders always accompany enterprises. This is an important factor for us to feel secure in considering Vietnam as our second home in our development strategy.”

The Chairman of the Board of Directors of the Institute for Professional Strategic Studies also emphasized that in recent years, the Vietnamese Government has implemented a series of strong reforms to improve the investment and business environment, cut administrative procedures, enhance management capacity and transparency in economic management.

Mr. Nghiem Kien Hoa highly appreciated the recent decisions of Vietnamese leaders, which contributed to reducing development costs, speeding up and improving efficiency.

With the current momentum of reform and growth, in the next 20 years, Vietnam can completely lead Asia in terms of Gross Domestic Product (GDP) growth, becoming one of the most dynamic and important economies in the region.

Mr. Nghiem Kien Hoa said that success only comes to those who are prepared, and affirmed that Vietnam is ready. He emphasized that investors not only bring capital but also contribute their intelligence and experience to develop together with Vietnam, bringing long-term results.

Looking to the future, Mr. Nghiem Kien Hoa believes that the investment trend of Chinese enterprises in Vietnam will become increasingly diverse, not just stopping at the export processing model but will gradually shift to localized production, value chain integration and long-term operation.

He affirmed: “The ultimate goal is to make Vietnam a regional production and development center, from there expanding to the whole of Southeast Asia and the world.”

Chinese economic experts also commented that Vietnam is becoming an important link in the global supply chain, especially in the context of international businesses tending to diversify their production chains.

Along with its deep integration policy, Vietnam is affirming its image as a strategic, safe and potential investment destination in the Asia-Pacific region.

According to a report by the General Statistics Office, Ministry of Finance, total registered foreign direct investment (FDI) in Vietnam as of September 30 reached 28.54 billion USD, up 15.2% over the same period last year.

Notably, realized FDI capital is estimated at 18.80 billion USD, up 8.5% over the same period and the highest figure for 9 months in the past 5 years./.

According to vietnamplus.vn

Source: https://huengaynay.vn/kinh-te/viet-nam-diem-den-dau-tu-chien-luoc-cua-cac-doanh-nghiep-quoc-te-158592.html