China's Investment Boom in Vietnam in First Quarter 2023
Posted: 25/05/2023 - Views: 281
Ranking 6th among the largest investors in Vietnam
Foreign direct investment (FDI) from Chinese enterprises into Vietnam has significantly increased in the First quarter of 2023. According to data from the Ministry of Planning and Investment, as of March 20th, 2023, the accumulated total investment from China into Vietnam reached $23.85 billion with a total of 3,651 projects. With this amount of capital, China currently ranks 6th on the list of countries with the highest investment in Vietnam.
Chinese FDI projects have a widespread presence in provinces and cities throughout Vietnam, with a particular focus on border provinces with economic border gate zones, coastal areas, and densely populated cities. These locations have strong appeal for labor and benefit from good infrastructure, facilitating the movement of goods and people between the two countries.
Chinese investors have participated in joint ventures and partnerships, contributing capital in the form of funds, technology, and machinery across various sectors of Vietnamese businesses. The Chinese capital has flowed into sectors such as textiles, footwear, fibers, thermal power, mineral exploitation, and more recently, electronic component manufacturing.
Chinese investment in Vietnam has not only increased in scale but has also undergone changes in sectors and geographic scope. Previously, China mainly focused on hotels, restaurants, and small-scale consumer goods manufacturing, but there has been a strong shift and diversification in investment sectors. This reflects the significant growth and development of the economic relationship between the two countries.
Vietnam - Advantages that attract investment from China
With its strategic location adjacent to China, a large supplier of goods and raw materials, and being a significant market, Vietnam provides conditions for investors to reduce transportation costs and establish stable supply chains connected to China. Therefore, Vietnam is considered a top choice in the ASEAN region in this trend.
Furthermore, Vietnam still possesses advantages in attracting FDI from various countries worldwide, including China. These advantages include a skilled workforce, a stable economic and political environment, successful disease control, and maintaining a high economic growth rate.
Source: CafeF - Comprehensive Electronic Information Portal
Chinese caption
亮点：2023年一季度中国对越投资的热潮
在越南最大的投资者中排名第6
2023年第一季度，中国企业流入越南的外国直接投资（FDI）流量大幅增长。根据计划投资部数据，截至2023年3月20日，累计从中国流入越南的投资总额预计总投资238.5亿美元，项目总数3651个。凭借这笔资金，中国目前在对越南投资最多的国家名单中排名第六。
中国对外直接投资项目在越南各省市广泛存在，但主要集中在具有边境口岸经济区的边境省份、沿海地区和人口密集的城市。这些地点对劳动力和良好的基础设施具有很强的吸引力，方便两国之间的进出口活动和移动。
中国投资者参与合资、联合，向越南企业的各个领域投入资金、技术和设备。来自中国的资本涌入了纺织、皮鞋、纤维、热电、采矿等行业，最近还涌入了电子元件生产。
中国对越投资不仅在规模上有所扩大，而且在领域和地域范围上也发生了变化。此前，中国主要专注于酒店、餐馆和小规模消费品生产，但最近投资领域出现了强烈的转变和多元化。这表示两国经济关系的显着增加和发展。
越南-吸引中国投资的优势
越南具有重要的战略地位，与中国相邻，是大规模供应货物和原材料的地方，也是一个巨大的市场，越南有条件为投资者节省运输成本并稳定地连接中国的供应链。因此，在这一趋势下，越南被认为是东盟地区的首选。
此外，越南在吸引世界各国包括中国的总体外商直接投资方面仍具有优势，如劳动力优势、稳定的政治经济环境、控制疫情和保持经济高速增长……
资料来源：CafeF - 综合网站
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