According to data from the Ministry of Planning and Investment, Vietnam recorded total registered foreign direct investment (FDI) in the first 7 months of 2024 reaching more than 18 billion USD, realized capital reaching about 12.5 billion USD, increased 8.4% over the same period, the highest within 7 months of the past 5 years.
With the need to diversify the supply chain of multinational manufacturers, a stable socio-political and economic foundation, qualified labor, FDI capital investment in Vietnam in 2024 is expected to continue. continued growth. FDI enterprises are considered a bright spot and an important driving force contributing to Vietnam's economic recovery in 2024.
A survey shows that 70% of FDI enterprises operating in Vietnam have a need to expand production scale and business activities. This reality, along with the new entry of FDI enterprises in Vietnam, becomes an opportunity for Vietnamese banks to accompany and provide financial services and solutions.
When talking about banks serving FDI enterprises, in the past, foreign and multinational banks and banks from FDI countries could be given priority. However, this trend is gradually changing.
With the advantage of understanding the local area, market, culture, people of Vietnam and a wide operating network, domestic banks can become reliable partners of FDI enterprises when investing and doing business in Vietnam. Male. In particular, for medium-sized FDI enterprises with operating areas spanning many provinces and cities, it will be very suitable to have a cooperative relationship with Vietnamese banks.
For example, SHB is one of the banks chosen by many FDI enterprises when coming to Vietnam. With a scale of 571 transaction offices/branches spread across the country, along with a deep understanding and economic and cultural connections in the provinces and cities, SHB can support FDI enterprises in capital sources and networks. business.
Currently, the Bank is having cooperative relationships and providing products and services to FDI customers from many countries and territories such as Japan, Korea, China... Of which, many Customers are businesses in the fields of industrial equipment, processing, manufacturing, transportation...
SHB's leadership representative said that with a consistent orientation of putting customers and the market at the center, the Bank always understands and accompanies FDI enterprises throughout their operations in Vietnam. At each stage of development, the Bank designs products and solutions to suit the needs and operating models of businesses.
SHB also built a team of professional staff, equipped with financial knowledge and fluent in many languages to understand and best support customers. SHB is ready to advise, provide banking and financial solutions as well as support legal problems during the investment process of FDI enterprises in Vietnam.
Currently, the Bank is providing product packages with a series of service fee incentives such as: free domestic payments, up to 90% reduction in outbound international money transfer fees, up to 75% reduction in import L/C fees and Exempt/reduce international payment fees, helping businesses optimize costs and manage cash flow.
During business operations, SHB accompanies businesses through working capital financing with preferential interest rates, salary payment services with many fee incentives. At the same time, the SHB Corporate online platform and SHB's digital solutions are effective tools to help customers manage cash flow, manage business activities and conduct foreign exchange transactions conveniently, quickly, at all times.
In addition, SHB also launched many credit product packages with preferential interest rates with flexible mechanisms and many suitable incentives for businesses such as: VND 10,000 billion package for production and business enterprises with competitive interest rates. , a credit package of VND 1,000 billion for businesses that need loans to buy cars.
Enterprises operating in the import-export sector can borrow a credit package of 50 million USD with an interest rate of 4.5%/year and be exempted/reduced from 66 types of service fees.
For employees of FDI enterprises, SHB also offers a series of account opening policies and attractive incentives such as: opening credit cards and unsecured loans with limits up to 20 times income, total limit up to 500 million VND ; Free SMS service and ATM withdrawal fees...
Belonging to the TOP 5 largest private commercial banks in Vietnam, SHB is always ready with abundant resources and capital to support businesses in general and FDI in particular.
Accompanying sustainable development, leading green capital flows
Vietnam is an attractive destination for foreign direct investment (FDI) in the ASEAN region, attracting special attention from large European investors, especially when the green transition trend is spreading. Some large corporations choose Vietnam to invest green capital.
Specifically, the Danish LEGO Group has poured more than 1 billion USD into building a carbon-free factory here. At the same time, Germany's Adidas is also implementing an emissions reduction strategy, which requires Vietnamese businesses - suppliers and processors - to accompany them to achieve sustainable development goals. .
It is forecasted that green FDI capital from European countries will continue to grow. The Business Confidence Index survey of the European Chamber of Commerce in Vietnam (EuroCham) has confirmed this trend. According to survey results, 31% of members ranked Vietnam in the top 3 global investment destinations.
Accompanying the Government in the National Strategy on green growth, SHB cooperates with the world's leading financial institutions such as WB, IFC, ADB, KfW... to bring capital flows to green energy and clean agriculture projects. , supporting businesses to transform green and green the economy.
In addition, SHB promotes business cooperation, promoting cooperation between domestic enterprises and FDI enterprises, creating link chains and supply chains in production and business.
In the Transformation Strategy 2024 - 2028, SHB sets a strategic goal of becoming the TOP 1 Bank in terms of efficiency; Most Popular Digital Bank; The best Retail Bank is also the TOP Bank providing capital, financial products and services to strategic private and state corporate customers, with a supply chain, value chain, ecosystem, green development.
SHB is focusing resources on strong and comprehensive transformation based on 4 pillars: Reforming mechanisms, policies, regulations, and processes; Humans are subjects; Take customers and markets as the center; Modernize information technology and digital transformation and be steadfast in following the 6 core cultural values "Heart - Trust - Trust - Tri - Wisdom - Tam".
After more than 30 years of accompanying the people and the country, SHB is gradually developing, growing sustainably, consolidating its foundation and improving service quality, modernizing technology to best meet the needs of customers. customers, bringing the best financial solutions.
