Overseas small- and medium-sized enterprises (SMEs) are paying a lot consideration to Vietnam, given the truth that the variety of under-1-million USD tasks accounted for practically 70 per cent of the whole variety of foreign-invested tasks registered in Vietnam within the first three months of this 12 months.
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| Illustrative picture (Photograph: VNA) |
Hanoi – Overseas small- and medium-sized enterprises (SMEs) are paying a lot consideration to Vietnam, given the truth that the variety of under-1-million USD tasks accounted for practically 70 per cent of the whole variety of foreign-invested tasks registered in Vietnam within the first three months of this 12 months.
Based on the Overseas Funding Company (FIA) beneath the Ministry of Planning and Funding, within the first quarter, Vietnam attracted practically 5.45 billion USD in overseas direct funding (FDI), down 39 per cent 12 months on 12 months.
Of the whole, over 3 billion USD got here from 522 newly-licensed tasks, up 62 per cent in quite a few tasks however down 6 per cent in capital in comparison with the identical interval final 12 months. Amongst these new tasks, the mixed capital of under-1-million USD tasks accounted for under 2.2 per cent of the whole newly-registered funding.
In the meantime, some 1.2 billion USD was added to 228 present ones, representing a hike of three per cent in quite a few tasks and a decline of 70.3 per cent 12 months on 12 months in capital.
Nevertheless, overseas traders’ capital contribution and share purchases rose 4 per cent year-on-year to 798 million USD, the FIA mentioned.
A survey from the Japan Exterior Commerce Organisation (JETRO) exhibits that greater than 60 per cent of respondents mentioned that their firm would increase their enterprise in Vietnam within the subsequent two years, a better proportion in comparison with another ASEAN nation.
Nakajima Takeo, JETRO chief consultant in Hanoi, mentioned that there’s a pattern of Japanese SMEs growing their funding within the coming time.
Though the funding will not be large, SMEs over the globe, particularly these from Japan, personal a variety of superior applied sciences and maintain not small market shares, he mentioned, proposing Vietnam have acceptable preferential insurance policies to draw such companies.
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