For second year, Vietnam tops greenfield FDI performance index

According to FDI Intelligence - a data division of Financial Times, Vietnam came top in the second annual study of 14 emerging markets. The study looked at inbound greenfield investment in 2015 relative to the size of economy of each country.

Reportedly, the Southeast Asia nation scored 6.45, followed by Hungary (4.32), Romania (3.48). Other regional countries Malaysia and Thailand came the 4th and 5th places with 2.86 and 2.43, respectively.

Thanks to efforts made for many years, Vietnam economy has become more attractive in the eyes of investors. According to the latest report on investment climate by World Bank, the improvements such as reduced time for business registration, easier access to electricity supply, credit information and income tax reduction have made Vietnam's business climate increasingly appealing.

Manufacturing sector accounted for nearly a half (47.8%) of FDI projects in 2015. The next positions belonged to financial services, manufacturing and assembly of electronic components.

International investors are paying rising attention to the developing Asian region, according to the United Nations Conference on Trade and Development. Investment poured into developing Asian countries accounted for US$541 billion of the total US$765 billion FDI in 2015 FDI. Notably, the the three major markets include Vietnam, India and Myanmar.

Source: Nguoi dong hanh