In the recent years on the global economic map, Vietnam is emerging as a country with outstanding economic growth in the Southeast Asian region. With a favorable business environment, a dynamic young population, and supportive innovation policies, Vietnam has quickly become an attractive destination for foreign investors, effectively attracting FDI in economic zones and industrial clusters, including Nhon Hoi A Industrial Park.
The appeal of the investment environment in Vietnam is demontrated through following factors:
– - Vietnam’s political and social stability is the first factor that creates strong belief in both domestic and foreign investors. This encourages investors to mobilize capital to increase investments, expand production, and focus on building sustainable business models.
- Secondly, the quality of the workforce in Vietnam is continuously improving as the government emphasizes investment in public education. Workers are culturally nurtured, skillfully trained, and their prfofessional qualifications are enhanced, leading to increased labor productivity.
- Thirdly, actively engaging in negotiations and signing Free Trade Agreements (FTA) in recent times has elevated Vietnam's economic and trade relations with other countries. As a result, foreign investors are showing increased interest and attention to the Vietnamese market.
- Fourthly, the Vietnamese government consistently prioritizes the improvement of the legal framework, creating favorable and equitable conditions for investors.
- The final factor is that Vietnam’s economy is growing at a high rate despite having to cope with countless difficulties such as epidemics and unstable world situations.
Exploring development Potential in Vietnam
With the maturity level of the workforce, the Vietnamese Government is reassessing and prioritizing investment projects with leading technology content. These projects should utilize inputs from domestic enterprises, facilitate technology transfer, and contribute to the development of science and technology within the country to align with global minimum tax policies.
Regarding the potential that needs to be explored, Vietnam is restructuring its production and services towards a green and sustainable direction. This presents an oportunity for FDI foreigns with expertise, capital and markets in developed countries to participate in this restructuring process.
In the unexplored potential within the food processing industry, Vietnam, as an agricultural country with many raw products, offers opportunities for FDI companies to invets in processing these products. In the service sector, cultural tourism, and eco-tourism provide significant opportunities for FDI businesses. With effective implementation, development of high-end segments, combined with tourism, conferences, and business support services, businesses can achieve substantial success.
As one of the typical industrial parks in the investment environment of Vietnam, Nhon Hoi A Industrial Park belongs to Nhon Hoi Economic Zone, Quy Nhon City, Binh Dinh province, provides opportunities and sustainable development potentials for FDI businesses. Due to the strategic location in international trade within the key economic region of Central Vietnam, favorable conditions in terms of transportationlabor supply, service facilities, and the robust and determined policy changes by the provincial government, Nhon Hoi A IP has become highly attractive to FDI businesses. điều kiện cung ứng nhân lực, các công trình dịch vụ cùng các chính sách thay đổi mạnh mẽ và quyết liệt của chính quyền tỉnh Bình Định đã khiến KCN Nhơn Hội A trở thành KCN có sức hút lớn đối với các doanh nghiệp FDI.
Currently, Nhon Hoi A IP has attracted a total of 51 projects for manufacturing, business, and services, including 3 FDI projects that have entered stable production and business operations.
Ảnh chụp KCN Nhơn Hội A từ trên cao
