Vietnam – a success story in FDI attraction in Asia: British media
According to the newswire, a key determinant of FDI success is political and economic stability. Countries such as Singapore, the Republic of Korea and Vietnam have built investor confidence through consistent governance, transparent legal systems and pro-business reforms.
High-quality local infrastructure such as special economic zones and efficient logistics networks and human capital in the form of a skilled, low-cost workforce plays a critical role in attracting foreign investment. This is especially evident across Asia, where these factors vary significantly from one country to another.
The article highlights Vietnam as a notable success story. Since Intel opened its testing and assembly facility in the Saigon Hi-Tech Park in 2010, the US chipmaker has steadily expanded its presence, investing a total of US$1.5 billion in the site. This growth has been supported by Vietnam’s rapidly developing semiconductor ecosystem, its experienced workforce, and its position as a lower-cost hub within global electronics supply chains.
In October, Intel Vietnam’s head, Kenneth Tse, held discussions with the government about the possibility of introducing additional production lines in the coming years.
The article also notes that geopolitical alignment and participation in regional trade frameworks, such as the 15-member Regional Comprehensive Economic Partnership (RCEP), further strengthen investor confidence. At a time when many Western governments are embracing protectionist policies in the name of security and strategic autonomy, Asia’s continued commitment to open trade and investment flows positions the region to sustain its strong FDI momentum.
Source: VOV