Vietnam logs in to global semiconductor supply chain

Vietnam logs in to global semiconductor supply chain

Leading global technology corporations are making strategic moves to shift supply chains, establish research centres, and expand investments in Vietnam, presenting a tremendous opportunity for the country to strengthen its semiconductor industry by adopting the strategy of "standing on the shoulders of giants."

Expert highlights three factors helping Vietnam secure FDI inflows

Low labour cost, favourable geographic location and the expansion of investment abroad are three key factors helping Vietnam secure its foreign direct investment (FDI) attraction, according to Chief economist VinaCapital Michael Kokalari.

FDI inflows into Viet Nam pick up slightly in first nine months

As of October 20, foreign investment inflows to Viet Nam picked up 1.1 percent to US$23.74 billion, according to the Ministry of Planning and Investment.

FDI tops 22 billion USD in first nine months

As of September 20, FDI inflows into Vietnam increased by 4.4 percent year-on-year to 22.15 billion USD, reported the Foreign Investment Agency under the Ministry of Planning and Investment.

Nine-month FDI inflows up 4.4 percent despite COVID-19

Despite COVID-19 impacts, foreign direct investment (FDI) inflows into Vietnam during the first nine months of this year rose 4.4 percent year on year to 22.15 billion USD, reported the Foreign Investment Agency under the Ministry of Planning and Investment.
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