đề tài trình bày tổng quan về diễn biến thu hút fdi của việt nam giai đoạn 2010 2020 và đề suất giải pháp nhằm tăng thu hút fdi trong thời gian tới

In particular, it continues to focus on the form of 100% foreign capital investment, expanding the form of joint ventures on the condition that it is required to improve the internal str

TỔNG LIÊN ĐOÀN LAO ĐỘNG VIỆT NAMTRƯỜNG ĐẠI HỌC TÔN ĐỨC THẮNG KHOA QUẢN TRỊ KINH DOANH

TIỂU LUẬN NHÓM MÔN: KINH TẾ VĨ MÔ

ĐỀ TÀI: Trình bày tổng quan về diễn biến thu hút FDI của ViệtNam giai đoạn 2010-2020 và đề suất giải pháp nhằm tăng thu

hút FDI trong thời gian tới

Table of Contents

Group list 3

Premms 4

Part 1: An overview of Vietnam's FDI attraction in the period of 2010-2020 5

1.Developments and opportunities to attract FDI (2010-2020) 5

*Knowledge and competitive workforce 7

*Economic power 8

2.Certain successes when attracting FDI 10

*Up 5 places, Vietnam is in the top 20 countries attracting FDI in the world 10

* The appeal of stable politics 13

3.FDI attraction in the period 2010-2020 14

* About the field of investment: 16

* About the field of investment: 17

* Investment partner: 18

4 Conclusion 22

Part 2: Solutions to increase FDI attraction of Vietnam in the coming time 24

1.Some solutions to attract FDI: 25

2 Attracting FDI in Covid: 27

References 29

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Group list

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FDI is the constituent part of the overall investment for a country where domestic capital, in general, is decisive FDI does not replace other sources of investment It has its own strengths, leaving no debt for the future In the coming years, when the accumulated capital in the country is limited, oda sources are not significant, FDI capital occupies an important position, contributing to improving the structure of the national economy

The focus on attracting FDI into the implementation of investment restructuring according to the economic sector involved in exporting goods will be focused on three main focus orientations: investment in the development of goods exports in the agriculture, forestry and fisheries sectors; investment in the development of exports of goods in industries; investment in the development of export of goods inservice sectors for the development of goods exports Focusing on selectively attracting FDI projects with advanced and modern technology and "green" technology to develop export-participating industries In addition, it is necessary tofocus on attracting investment of large corporations, having a spillway effect on the domestic economic sectors and export development and environmental protection

Continue to apply diversification of forms of FDI attraction In particular, it continues to focus on the form of 100% foreign capital investment, expanding the form of joint ventures on the condition that it is required to improve the internal strength of domestic enterprises to participate in joint ventures effectively, minimizing losses and risks as in the past when implementing the form of joint venture; there are mechanisms and policies to encourage the expansion of the equitization of FDI enterprises and the form of M&A

In order to better express the outstanding developments and developments attracting FDI, the following group would like to present the fdi attraction of Vietnam in the period of 2010-2020 and solutions in the coming time

The essay consists of two main parts:

Part 1: An overview of Vietnam's FDI attraction in the period of 2010-2020Part 2: Solutions to increase vietnam's FDI attraction in the coming time

Our team discussed and edited together to try to complete the most complete and complete report However, we will not avoid mistakes, I hope you and your friendswill contribute ideas for us to overcome

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Part 1: An overview of Vietnam's FDI

attraction in the period of 2010-2020.

1.Developments and opportunities to attract FDI (2010-2020)

- After 30 years of opening up to attract foreign investment, the flow of foreign direct investment (FDI) into Vietnam has been constantly increasing In 2010, the implementation investment reached 11 billion USD, by 2015 reached 14.5 billion USD, and by 2016 reached 15.8 billion USD By the end of 2017, Vietnam had attracted more than 25,000 foreign direct investment projects with a total registeredinvestment of more than US$333 billion To date, 129 countries/territories have invested in Vietnam FDI projects have been present in 63/63 localities, FDI has also been invested in 19/21 production and business lines of Vietnam (Ministry of Finance, 2018) According to data of the Department of Foreign Investment - Ministry of Planning and Investment, in 2019 FDI into Vietnam reached 38.95 billion USD, up 7.2% compared to 2018 In particular, the number of newly registered projects granted investment registration certificates is 3883 projects with

a value of 16.75 billion USD, making Vietnam one of the attractive countries for foreign investors

-Foreign direct investment has been a major driver for Vietnam's economic development and international economic integration In recent periods, FDI inflows and FDI investment in Vietnam have always increased sharply each year Vietnam's open-door policy of FDI and trade has so far clearly helped promote Vietnam's integration with the global economy, participation in regional production networks and export diversification At the same time, this policy has created a large number of jobs for a young and growing population, thereby improving state revenues and the national balance of payments In addition to the direct benefits, the reality also shows that FDI has begun to generate significant indirect benefits by creating a ripple effect to other sectors of the economy, such as the introduction of new technologies, business know-how, national standards of production and services

- When deciding to invest, you don't look at short-term developments to

decide Many FDI enterprises said that the Government of Vietnam has always committed and strived to improve the real business environment, so businesses consider Vietnam to be an attractive destination in the long term

- This is the opinion exchanged with the Government Electronic Newspaper of senior economists from leading Development Partners of Vietnam, the World Bank

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(WB) and the Asian Development Bank (ADB) about vietnam's business investment environment in the context of covid-19.

- In August 2021 alone, the time when the COVID-19 epidemic is very

complicated, Vietnam attracted 2.4 billion USD of registered FDI, up 65% compared to July Higher registered FDI capital is mainly due to the increased newly registered capital pouring into the processing and manufacturing

industry This increase shows that foreign investors continue to maintain

confidence in the Vietnamese economy in the medium to long term

-In a report published in mid-September, the World Bank said that in the first eight months of 2021, total FDI registered in Vietnam reached US$14 billion, just 2% lower than the same period in 2020 Fdi reached US$11.7 billion, up 2% year-on-year

-Dorsati Mandani, a senior economist at the World Bank in Vietnam, said the World Bank's September 2021 macroeconomic update said foreign direct investment (FDI) inflows in Vietnam showed that confidence in the economy remained FDI investors still believe in the prospects of Vietnam's economy for many reasons According to the World Bank expert, the reason is that Vietnam's economy is still among the countries growing well (in 2020 it is 2.9%) when most other countries suffer a severe economic slowdown It is a sign of resilience, showing that the fundamentals of Vietnam's economy are solid

- In the first 6 months of 2021, due to the outbreak of the 4th wave, Vietnam must implement social distancing measures that have affected economic growth The World Bank's latest updated forecast estimates Vietnam's GDP growth of about 4.8% in 2021

Despite the challenges in the third quarter of 2021, when looking at FDI inflows in August, the World Bank still sees the commitment of investors increase In fact, in the first 8 months of 2021, total FDI committed reached 14 billion USD, only 2% lower than the same period in 2020 while disbursed investment capital reached 11.7 billion USD, up 2% compared to the same period last year

"It is a sign that international investors still expect to develop their business in Vietnam," the World Bank expert commented

Dorsati Mandani said: "A global food producer has announced that it is investing another $180 million in Vietnam because it believes in vietnam's economic prospects, which have plenty of room for development." The World Bank's senior expert said the government is working hard to contain the epidemic while working

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to ensure economic activity, especially an important shift in its strategy of "flexiblesafe adaptation to COVID-19."

To support the economy, in April, the government announced a tax deferral package until the end of 2021 In addition, the Government has also announced programs to support affected households and informal workers

* FDI sector creates jobs for more than 3.6 million direct workers and between 5 and 6 million indirect workers in Vietnam

Up to now, the FDI sector has created jobs for more than 3.6 million direct workersand 5-6 million indirect workers

For example, in the period 1991-2000, FDI reached 19.462 billion USD, an average of 1.95 billion USD / year, in the period 2001-2010 reached 58.497 billion USD, three times the previous decade and an average of 5.85 billion USD / year Inparticular, in the period 2011-2016 reached 84 billion USD, equal to 4.55 times theperiod 1991-2000 and 1.43 times the previous 10 years, the average attracted 12 billion USD per year

Typically, Bac Ninh, thanks to the effective attraction of FDI, in just the last 5 years has fundamentally changed, from an agricultural province to an industrial province Currently, the province's agriculture is only about 8%, industry and services account for 82% of the provincial economic structure

*Knowledge and competitive workforce

Vietnam has a population of 90.73 million (the 13th largest in the world), which is expected to grow to 100 million by 2020 with an annual growth rate of 1.2% Over50% of the population is 25 years of age or younger Possessing young, highly skilled workers with a good working spirit and a literacy rate of more than 90%, Vietnamese people are equipped with high levels of education and ready to serve inhighly skilled industries such as information technology, pharmaceuticals and financial services at a more competitive cost than other countries in the region.The unemployment rate in the first half of 2020 was 2.26%, of which the urban area was 3.62% and the rural area was 1.59% (in 2019 the unemployment rate was 1.99%)

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*Economic power

Vietnam's development has been remarkable over the past 30 years Economic and political reforms under The Doi Moi, GDP reached more than $2,700 in 2019 and more than 45 million people have been turned out of poverty The poverty rate plummeted from more than 70% to less than 6% (equivalent to US$3.20/day) The majority of Vietnam's remaining poor - 86% - are ethnic minorities

In 2019, Vietnam's economy continued to show basic strength and resilience, strongly supported by domestic demand and export-oriented manufacturing Real GDP is estimated to grow by 7% in 2019, equivalent to 2018, one of the fastest growth rates in the region

Located in the cradle of Southeast Asia, Vietnam's favorable geographical location can serve as a launch pad and base for the largest population gathering on earth (ASEAN's total along with China, Japan, South Korea and Chinese Taipei is more than 2 billion people)

Vietnam occupies the east coast of the Southeast Asian Peninsula and shares land borders with China to the north and Laos and Cambodia in the west This coastline gives direct access to the Gulf of Thailand and the South China Sea

Vietnam reached a record 7.08% of the country's GDP growth rate in 2018;Socio-political stability and macroeconomic stability is a prominent feature for Vietnam's business potential growth;

The population of more than 97 million has marked the potential purchasing power

of the Vietnamese market;

• Vietnam is among the world's leading factories in supplying electronic, mobile, textile and other industries;

By the end of 2019, more than 30,000 FDI projects have chosen Vietnam as their headquarters, with a total registered capital of about US$362 billion;

• U.S.-China trade tensions are another factor contributing to Vietnam

outperforming many countries in the region;

EVFTA will eliminate nearly 99% of customs duties between the EU and Vietnam, which is expected to be a driving force for Vietnam's economy in the coming time

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*Opportunities to attract foreign investment

The total investment capital for the development of the whole society in the whole year is estimated at 34% of GDP, 3 years (2017 - 2019) is estimated at 33.5% (5-year target of 32-34%) The proportion of state investment decreased; the proportion of non-state investment increased, of which private investment was estimated at 42.4%, the average of 3 years 2017 - 2019 reached 40.8%, higher thanthe period 2011 - 2015 (38.3%) The total registered capital of new-level FDI projects, additional funding and investment in the form of capital contribution and share purchase in 2019 (as of December 25, 2019) reached 38 billion USD, up 7.2% over the same period last year FDI continued to increase positively, in 2019 disbursement reached about 20.38 billion USD (up 6.7% compared to the same period in 2018) the highest ever The steady growth trend in the past years can be considered as an important premise for the development of FDI inflows in 2020 Infact, Vietnam has many opportunities to further better implement the goal of attracting FDI inflows:

Firstly, in recent years, the trend of FDI into Asia is taking a new direction, shifting from China (currently the world leader in FDI attraction) to other countries, but Vietnam is a country that is highly appreciated in the region; considered a potentialdestination for transnational corporations In the current context, the trade war between China and the US has crossed the borders of the two countries, strongly affecting the global economy The U.S.-China trade war has left many industries in

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a serious position, with the technology sector being seriously affected This has ledtech companies to shift their investments and reduce their dependence on China Inaddition, the Covid-19 epidemic is still ongoing and shows no signs of being controlled, also making large corporations think about not focusing all their resources in one place Some big boys like Google and Microsoft are trying to move the production line of phones, laptops From China to Southeast Asian countries, Vietnam and Thailand are expected to be the destinations of choice for these two technology giants Obviously, this is a very good opportunity for Vietnam to gain market share.

Secondly,the room to attract more FDI is huge, according to unctad's published report, with US$14.5 billion of FDI made in 2015, FDI into Vietnam accounts for just over 1% of global FDI

Third,Vietnam initially joined new free trade agreements, the removal of tariff barriers will facilitate two-way trade between our country and other developed countries such as the US, Germany, the UK, France, This is a good opportunity

to have a positive impact on FDI inflows from major economies into

Vietnam Vietnam's cooperation with the European Union (EU) has made positive and comprehensive developments In particular, the European Parliament's adoption of two agreements, the Eu and Vietnam Free Trade Agreement

(EVFTA); The Investment Protection Agreement between the EU and Vietnam (EVIPA) on February 12, 2020 is expected to create a strong development step in attracting FDI from EU countries to Vietnam Economists say that this is the time - the opportunity to open a new era in attracting FDI into Vietnam

When Vietnam summed up 30 years of FDI attraction, the story of a "new era" in FDI attraction was mentioned With the opportunities in front of us, it is clear that

no longer expectations or plans, but that "new era" seems to be much closer to reality Recognizing these potential opportunities, resolution No 50/NQ-TW of thePolitburo outlined specific objectives on the quantity and quality of FDI inflows in the coming period, gradually making Vietnam a "green economy"

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