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Saturday, June 15, 2024

Sustainability drives foreign investment

By Hung Le

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To maintain its competitiveness in the region and continue attracting foreign direct investment (FDI), Vietnam must adapt to evolving investment preferences and take proactive measures. Emergence of new investors During an industrial real estate forum held in HCMC last week, Choi Kyu Chul, vice chairman of the Korean Chamber of Commerce in Vietnam (KoCham), highlighted South Korea’s seamless integration into the new wave of foreign investment in Vietnam following the Covid-19 pandemic. He emphasized that Korean investors are not only actively expanding their production capacities within the country but also planning more significant investments in Vietnam’s economy. Bruno Jaspaert, general director at DEEP C Industrial Zones, expressed optimism regarding the country’s investment potential due to the increasing influx of foreign capital. Jaspaert underlined that as long as Vietnam maintains its current momentum, it will continue attracting substantial foreign investment. “Additionally, investors are benefiting from government policies and local authorities’ support,” Jaspaert noted. Jaspaert also predicted a promising future for Vietnam’s industrial real estate sector. This optimism is reflected in the growing number of industrial real estate developers seeking opportunities to expand land portfolios and build factories in Vietnam. Indochina Kajima Development Company, for instance, plans to invest up to US$1 […]
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