Attract investors, but prioritize products rich in intellectual content

Lê Thanh Phong |

Vietnam's attractiveness to foreign investors is "measured" by numbers. In the first 8 months of the year, more than 20 billion USD of foreign investment capital poured into Vietnam, an increase of 7% over the same period last year. In the first 9 months of 2024, foreign investment capital increased by 11.6%, approaching the 25 billion USD mark.

Take the 8 month and 9 month mark to see the huge difference in investment capital in just one month.

What economic analysts consider “interesting” is that not only has it attracted large amounts of capital, but investors have also chosen Vietnam to invest in technology projects that require a highly skilled workforce. Vietnam’s economic development strategy and foreign investment attraction is to prioritize the technology and green economy sectors. And perhaps, investors have realized the “harmony” and have invested in Vietnam with projects that meet the requirements of creating value-added products.

The good news is that famous technology names have targeted Vietnam for business. At the meeting between Prime Minister Pham Minh Chinh and Mr. Nick Clegg - President of Global External Affairs of Meta Group, the information was given that Meta will expand the production of Meta's latest mixed reality device - Quest 3S in Vietnam in 2025. This is expected to create about 1,000 jobs. This information shows that Meta Group trusts in Vietnam's high-quality human resources.

A big name choosing Vietnam to invest in a technology project will be a valuable PR for Vietnam, from which we can expect new faces to set foot. Attracting many investors and many projects, but what Vietnam prioritizes must be projects that create products with high intellectual content.

When investors in technology projects come to Vietnam, it will bring many other fields, including human resource training to meet job demands. Not to mention, Vietnamese technology enterprises have the opportunity to participate, learn and grow.

To attract more investment, investors must trust in the effectiveness of projects implemented in Vietnam, the "owner" must be ready for two things. One is to prepare a highly skilled human resource to serve projects that create products rich in intellectual resources. The other is to continue to improve the investment environment, with open policies, in line with international practices.

Lê Thanh Phong
RELATED NEWS

AI cameras enter the cycle, Hanoi traffic improves

|

Hanoi - The new AI camera system put into operation has initially given positive results, the awareness of traffic participants has been significantly improved.

Accident occurs, students startled because they do not have health insurance

|

HCMC - Without health insurance (HI), just an accident or unexpected illness can cause students to fall into debt.

Building a solid ideological shield in the entire Party Committee of the Vietnam Fatherland Front and Central organizations

|

Hanoi - On the afternoon of December 17, the Standing Committee of the Vietnam Fatherland Front Party Committee and Central organizations held a ceremony to summarize and award prizes for the first Party ideological foundation protection contest in 2025.

Proposal to select genes from the time of birth to train the elite

|

The leader of the Hanoi Department of Science and Technology said that to train the elite, it is possible to select people right from birth, selecting genes for training.

Mr. Johnathan Hanh Nguyen is proposed to be awarded the title of Labor Hero

|

The Ministry of Home Affairs is seeking opinions on the proposal to confer the title of "Hero of Labor" to Mr. Johnathan Hanh Nguyen.

Can Tho - Ca Mau Expressway, the journey from muddy to the finish line

|

Can Tho - Ca Mau Expressway is a key project connecting the North - South Expressway axis with the southernmost tip of the country, starting on January 1, 2023 and technically opening to traffic on December 19, 2025.

Information appears that France will send soldiers to Ukraine

|

There are reports that France has sent troops to Ukraine for training, in the context of Russia's continuous strong reaction to the military presence of the West.

SEA Games 33 Medal Schedule on December 17

|

Updated total medal table of the 33rd SEA Games on December 17.

Buying old houses, renovating and selling new ones, investors should be careful of risks

VÂN HI |

Can Tho - Low capital outlay and good liquidity make investors choose to buy old houses to renovate and resell.

"Golden Heart of Investors" Golf Tournament Raises Over 500 Million VND for Charity

MINH PHONG |

The "Golden Heart of Investors" golf tournament has found a champion and raised more than 500 million VND for charity.

Relieving the psychology of waiting, investors pour money into land

ANH HUY |

Transactions began to appear with greater frequency, contributing to relieving investors' psychology and making them willing to invest in land.