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Vietnam attracts global investors
19/03/2024
Among emerging and developing economies in Asia, Vietnam ranks 5th on the Global Opportunity Index.

 
The Milken Institute (independent economic consulting organization headquartered in Santa Monica, California, USA) has just announced the Global Opportunity Index (GOI - Global Opportunity Index). After 10 years, GOI is considered a forecasting tool for FDI by explaining nearly 65% ​​of the change in this capital flow and nearly 52% of the average indirect investment capital per capita in countries around the world.
 
According to this ranking, Vietnam ranked 65th out of 129 countries and territories globally. If considered among the emerging and developing economies of Asia, Vietnam ranks 5th. Currently Malaysia, Thailand, and China are leading in this group.
 
Countries were analyzed for 100 elements belonging to 5 groups of criteria: business awareness; underlying economic factors; Financial services; institutional framework; international standards and policies.
 
In fact, in recent years, Vietnam has always been considered a favorite destination for foreign investors. In 2023, Vietnam attracts 36.61 billion USD of FDI capital, an increase of more than 32% compared to 2022 and the third highest level in the recent 15 years, according to the Ministry of Planning and Investment. Implemented capital reached a record of about 23.18 billion USD. In the first two months of this year, foreign capital flows were still actively pouring in, reaching nearly 4.29 billion USD, up 38.6% over the same period last year.
 
Maggie Switek, senior director of research at the Milken Institute, said emerging, developing economies offer attractiveness to investors thanks to growth opportunities and high profits.
 
However, compared to other regions, this group in Asia is being rated higher in the GOI 2024 rankings. During the 2018-2022 period, half of the capital flows went to emerging and developing countries. globally has flowed into Asia. However, capital flows into the region are also significantly affected by US-China tensions, decreasing by 75.4% in 2022.
 
The Milken Institute report also said that 4 out of 5 favorite destinations for investors are Europe. Denmark topped this year's rankings, scoring first in business awareness, a measure of the ease of doing business in a country, as well as other indicators. After Denmark, there are Sweden, Finland, America, and England.

Duc Minh  ( according to Milken Institute, CNBC )

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