Vietnam among Top 15 developing countries with most FDI
VOV.VN - In 2024, Vietnam reaped remarkable success in attracting Foreign Direct Investment (FDI), ranking among the top 15 developing economies that lured the largest FDI globally.
Amid a global decline in investment, Vietnam managed to reverse the trend in FDI attraction.
Statistics show FDI inflows for the year reached approximately US$38.23 billion, placing Vietnam among the top 15 developing nations in this category. FDI disbursement stood at about US$25.35 billion, an increase of 9.4%, marking the highest level ever.
The national brand value in 2024 reached US$507 billion, ranking 32nd globally, a rise of one place compared to 2023.
This success, experts say, stems from Vietnam’s continued improvements in its investment and business environment that reinforced trust among citizens, businesses, and investors.
Associate Professor Dr. Dao Ngoc Tien, vice rector of Foreign Trade University, emphasizes that Vietnam has been attracting quality FDI.
“Under Resolution 50 on the FDI attraction strategy in the new phase, we aim not only to increase FDI quantity but also to focus on high-quality investments from the top 500 multinational corporations and developed nations. Meting this goal requires steadfast commitment to sustainable and stable development,” says the expert.
Meanwhile, economic expert Can Van Luc notes that these advancements reflect Vietnam’s dedicated efforts to improve its investment environment and promote investment. However, to further boost FDI, he suggests, Vietnam should address sustainability criteria and focus on building green industries.
“Currently, FDI primarily targets industrial zones as part of ecological industrial investment, but the criteria for eco-industrial zones in Vietnam are still underdeveloped. Moreover, there is a growing need for investment in renewable energy and green buildings. Recently, the Housing Law introduced criteria for green construction,” explains Dr. Luc.
Experts remind that to prepare for next-generation FDI projects, industrial zones should prioritize green development, environmental, social, and governance (ESG) factors, and carbon emission reductions. In this context, they emphasize, developing green industrial zones and infrastructure is not only a requirement to meet environmental standards but also a competitive advantage.
