b. investment policies Almost 25 years, since the National Assembly of Vietnam through foreign investment law (December 1987), foreign direct investment (FDI) in Vietnam is always increasing, became the breakthrough in international economic integration. Vietnam's attractiveness with a potential market has attracted international investors, including those countries that are enforced sanctions policy toward Vietnam cannot disregard. In the wave of FDI into Vietnam, China to emerge and become partners with the amount invested in continuous growth from 1991 to the present.China's FDI into Vietnam was started from the end of November, 1991, due to a business of Guangxi (China) with a business venture Hanoi, opened the restaurant in the United States city of Empty-Hanoi. China's FDI in Vietnam constantly rise in ranking positions, increasing in scale, changes on the form, the field, the expansion of the area. c. about the investment sector: As if the previous period of China's FDI is focused only on the fields of hotel, restaurant and consumer goods production with small scale is primarily, recently there has been a strong shift, a significant change in the investment field. A total of 17 Chinese industry have invested in Vietnam, led by the 5 areas: industrial processing, processing (accounting for 53% of the capital), the production of electric, gas, water distribution, automatic 28%; construction of 7%; business property 6%; accommodation and catering accounted for 4%. In the aforementioned sectors have accounted for a total of 98% of the total capital of Chinese FDI into Vietnam. Agriculture, forestry and FDI of China stood Friday (FDI generally ranked 10); the mining sector, China's FDI is ranked # 8 in total trades (FDI generally ranked 11).Despite the shifting of investment but so far, China's investment in Vietnam is also only just concentrated in the conventional industries, does not yet have any investment projects in the field of high technology, with large capital.d. form of investment: The vast majority of China's FDI projects in Vietnam made the joint venture with the Vietnam business is primarily. Ten years, there has been a change with the type of 100% foreign capital of China, BOT, BTO, BT contract of FDI, forms of joint venture, business cooperation contract, the form of a joint stock company with 10 project, an investment of 36 million. The change of the type of investment showed that Chinese businesses to invest in Vietnam has gone through the phase of exploration, experimentation, based on local partners to understand the market in the 1990s of the 20th century, are steps to confident, knowledgeable, capable of independent businesses as well as faith in the Vietnam market.e. On investment areasTo date, Chinese investors were present on most provinces of Vietnam (55/63 provinces), which focused mainly in the coastal province (22/28 coastal province) and other cities, densely populated area, draw strong labor, have good infrastructure for import and export of goods as well as between China and Vietnam.
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