With limited resources, this is now time for Vietnam to consider placing importance on high-quality capital in order to elevate its labor qualification, technology and protect the environment. But how Vietnam does to absorb that capital, what to do with human resources do to keep up with technology, and infrastructure development are the bigger concerns. Toan questioned when the investors bring the capital and technology to Vietnam. These figures, when compared to Asian countries pouring capital into Vietnam such as South Korea with $59 billion, Japan with $49.8 billion, are very modest, Toan said, attributing the restriction to the country’s poor capacity to absorb the capital inflow due to the limited qualified labor force, underdeveloped supporting industries and infrastructure, and multiple barriers when it comes to the investment environment.
They had invested only some US$24.67 billion in Vietnam by the end of last year. Investment by European countries to Vietnam has been almost imperceptible as well compared to their potential. So far, the world’s number-one economy has committed only some US$10 billion in Vietnam, compared to US$300 billion in committed FDI in Vietnam. In fact, Vietnam in recent years has continuously seen a sharp increase in investments from Asian investors, but giants from the US and EU are still absent in Vietnam.Īccording to data from the General Statistics Office, American investors registered to invest just US$180 million in Vietnam in the first half of this year. Nguyen Van Toan, vice chairman of the Vietnam Association of Foreign Invested Enterprises, said that the high quality investment inflow from the US and EU in Vietnam remained hardly noticeable compared to the country’s total FDI and the overseas investment capital of these investors in the world and ASEAN countries over the past years. In other words, investors still don’t bet Vietnam is a reliable destination for tech giants. Vietnam mainly receives capital from firms with medium technology and a simple workforce, Thanh said. State Lines.American investors have so far committed only some US$10 billion in VietnamĪccording to Nguyen Duc Thanh, director of the Vietnam Institute for Economic and Policy Research, the best companies in the US, Europe and Japan are not picking Vietnam but instead have moved to other regional countries like Malaysia, Indonesia, and Thailand, where developed supporting industries and highly-qualified human resources are already in place. A 3 week frenchie was brought into my work concerned about one of the back legs | The owner unfortunately couldn’t afford any further treatment because of the concern and wanted to put the puppy to sleep | So I decided to give him a fighting chance…. Nobody is perfect and this guy deserved a fight chance so keep fighting little guy! #rescue #fyp #fighter #vettechlife #vettechtok". TikTok video from Nugget "This little guy has a bumpy road ahead! Currently looking for somebody fully committed to adopt and take care for him with his young age and special needs❤️ He’s currently staying in a nice comfy warm bed in the mean time. Nobody is perfect and this guy deserved a fight chance so keep fighting little guy! #rescue #fyp #fighter #vettechlife #vettechtokĥ58K Likes, 1.5K Comments. This little guy has a bumpy road ahead! Currently looking for somebody fully committed to adopt and take care for him with his young age and special needs❤️ He’s currently staying in a nice comfy warm bed in the mean time.
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