China is one of the big investors that has invested and set up business in Vietnam in recent years. Although China is one of the investors with the highest amount of capital, however, investment capital inflows from China to Vietnam are still limited and cautious.
According to data from the Foreign Investment Department, accumulated until March 2018, China is still the 7th largest investor out of 126 countries and territories investing in Vietnam, with 1883 projects worth about 12.4 billion USD.
In March, the Vietnam market recorded 76 newly granted projects, valued at over 200 million USD, in which there are 11 increased capital projects. In addition, the capital in the form of capital contribution, purchase of shares is 220 turns, worth more than 120 million USD. This contributed to the total new registered capital of Chinese investors in Vietnam in March reached over 338 million USD.
However, it is known that Chinese investors are currently one of the leading investors with the excess capital that many countries are looking at and desirable. For example, in countries such as the Philippines, Malaysia and Thailand… Chinese investors poured capital into huge projects. Hence, Chinese capital will continue to pour into investment in countries in the region, including Vietnam. Vietnam needs to attract more investment from China in such projects as high technology and great value-added.