PROCESSING AND MANUFACTURING INDUSTRY IN VIETNAM

Investment in Vietnam - As the largest agro-forestry-fishery concentrated area with export turnover of US$ 30 billion annually, the Mekong   River Delta has the potential to develop food processing industry. However, the foreign investment situation in this area is still very modest. The Mekong River delta consists of 13 provinces and cities, with especially important position in the strategy of socio-economic development, security and national defense. This is a large agricultural and commodity production area, contributing 90% of rice output annually, 70% of fruit output and 60% of exported seafood output. However, the promotion of investment, trade and tourism in the Mekong Delta still has certain limitations. Foreign direct investment pours into this area is relatively low.  The Mekong Delta has large area of farming land for growing rice, arable cultivation and industrial crops. Fishery resources accounts for 54% of marine fish stocks of the country and is the larg

Investment in Vietnam - Vietnam is a nation of high industry potential in its manufacturing sector. Automation, energy efficiency, economic control and quality & safety are Vietnam’s top areas within this sector, that contributes a large portion to its economy. In 11 months of 2017, the foreign investors have invested in 19 industry sectors, the processing and manufacturing sector is attracting the much attention of foreign investors with total capital of US$ 14,95 billion, accounting for 45.2% of total registered capital in 11 months of 2017. The reason to this success is that investing in the processing and manufacturing industry in Vietnam encounters little risk, and takes advantage of cheap labor and energy. According to the Ministry of Planning and Investment, the manufacturing and processing industry is attracting the most foreign direct investment (FDI) in Vietnam , attracting more than 70% of FDI. On average, Vietnam attracts more than US$ 10 billion in f

Investment in Vietnam - Facing growing domestic consumption needs due to population growth and living standards, the food processing industry requires to be expanded and much more paid attention. Growth of the industry is considered to have great potential and development prospects in the future, so its investment opportunity is extremely large. Status of investment in processing industry is limited Despite ownership of abundant agricultural raw materials, Vietnam's most products were exported to the foreign market, mainly in its natural state. In addition to that although the FDI situation in Vietnam increases every year, actually the capital flows poured into this sector is not really much. Up to the end of October 2017, 128 countries and territories registered to invest in Vietnam, total registered capital of nearly US$ 313 billion with 24,199 projects. However, the food processing sector only attracted over US$ 4 billion with 295 projects. The leading FDI projects

Invest in Vietnam - Investment opportunity in Vietnam The annual consumption value of Vietnam is estimated at 15% of GDP and the demand for food consumption in the Vietnamese market increases by approximately 10% per year, while production capacity and supply is still very limited. In a recent study conducted by Business Monitor International, the growth rate of the Vietnamese food sector will remain at 10.9% for the period 2017 - 2019. The    investment opportunities in this field in Vietnam are very large.  Consistently with this view, representatives of the European Business Association in Vietnam said that Vietnam had a large domestic market with more than 90%. The majority of Vietnam's population is young and in great need of using processed products. Imported processed food products are also very popular among Vietnamese youth and consumers. Therefore, European businesses are planning to boost investment in this field in Vietnam in the future. The Vietna