The wave of foreign investment from Asia is entering Vietnam

The assessment of the macroeconomic environment recently showed the optimistic outlook of economy of Vietnam in the future. After the Vietnamese government has just signed several important FTA agreements like TPP or Agreement of trade liberalization of Vietnam, EU have made this country with more than 90 million people into an attractive market and an important chain in connecting the global value chain. For that reason, Vietnam is expected to become an ideal destination in Asia for foreign investment flows. The expectations are even greater when China- the 2nd largest economy in the world is reeling and have witnessed a massive flight of foreign capital inflows while other regions such as the Middle East, Africa and Western Europe are engulfed in unrest and riots.

The impact of these positive factors above led to the wave of foreign direct investment, especially from Asia to Vietnam in recent time. This is reflected not only through the statistics about the amount of direct investment abroad by the government, but also through the excitement of markets which provide legal services for foreign investors in Vietnam.

Sharing this regard, Mrs Nguyen Thanh Ha, Deputy Director of Vieththink Law Firm said that recently, the number of foreign clients who came to Vietthink Law Firm for consultancy and legal support for the investment to Vietnam has increased remarkably. It is noteworthy that the majority of foreign customers have a demand for real investment to Vietnam and the number of projects that the firm successfully consulted also make up high percentage compared to previous period, which demonstrates that a new wave of investment into Vietnam is real and not just a prediction.

According to the share of Mrs Nguyen Thanh Ha, the majority of foreign investors participating investment wave come from Asian countries such as Japan, Taiwan, Korea, Singapore, Malaysia and Australia. This is consistent whith a trand that has been predicted that the foreign investors are fleeing the vast but uncertain Chinese market and coming to markets for safety and prospects, including Vietnam. Some professions investors have been interested in and chosen recently are medical equipment, pharmaceuticals, agriculture, port services and real estate. Only in the last month of 2015, Vietthink has supported dozens of investment projects in Vietnam, focusing mainly on the fields above, especially health and medicine. Investors have received permits and are urgently implement projects in Vietnam. Currently the project documents that the firm must consult in these fields continue increasing.

From the achievement recently, Vietthink Law Firm has become a reputable firm specializing in investment and project consultancy in Vietnam. With rich experience, the team of professional lawyers and the excellent and all-in services, Vietthink has become a reliable legal counsel for foreign investors into Vietnam.

Vietthink News