(Hanoi, 15th) Despite concerns about the potential impact of U.S. tariff policies on Vietnam, foreign investors continue to ramp up their investments in the Vietnamese market, successively implementing several large-scale investment projects that showcase firm confidence and commitment to Vietnam’s economic development potential.
Recently, Swire Coca-Cola, a joint venture between the U.S.-based Coca-Cola Company and the UK’s Swire Group, inaugurated a large beverage plant in Tay Ninh Province, Vietnam, with an investment of USD 136 million. The plant has an annual production capacity of 1 billion liters, making it Coca-Cola’s largest facility in Vietnam and the first to receive LEED Gold green building certification.
Zheng Huiru, General Manager of Coca-Cola Beverages (Vietnam) Ltd., stated that the opening of the new plant is not only an important milestone in the company’s development history but also demonstrates the company’s confidence in long-term investment in the Vietnamese market.
In addition to Coca-Cola, numerous international brands are also expanding their investment footprint in Vietnam, including: LEGO Group – opening a USD 1.3 billion factory in Ho Chi Minh City this April; Sweden's SYRE Group – promoting a USD 1 billion project in Gia Lai Province; Nestlé – adding USD 75 million to expand its Dong Nai Tri An factory, bringing total investment to USD 175 million.
In addition, John Pan, President of Warburg Pincus, stated in early June that the group will continue to support Vietnam in promoting Vietnam-U.S. bilateral economic and trade relations.
Vietnam’s Deputy Minister of Finance, Nguyen Duc Chi, pointed out that in the first half of this year, registered FDI reached USD 21.52 billion, a year-on-year increase of 32.6%, hitting the highest level for the same period since 2009; actual disbursed funds reached USD 11.72 billion, the highest in nearly five years, demonstrating undiminished investor confidence.
Although the U.S. is set to implement reciprocal tariffs starting August 1 and market uncertainty exists, experts from the Vietnam Capital Group believe that as long as tariffs stay within a reasonable range, Vietnam’s attractiveness will remain strong.
Deputy Prime Minister Le Minh Khai reiterated at the Techcombank International Investment Conference that the Vietnamese government will continue to optimize the business environment and provide maximum convenience for foreign investment in key sectors such as high technology, energy, manufacturing, and services.
Prime Minister Pham Minh Chinh also stated that the government will implement more efficient administrative reforms, promote a “green channel” approval mechanism, and pilot one-stop investment service centers in several provinces and cities to ensure the smooth implementation of strategic projects.
Nguyen Hong Trung, Vice President of the Vietnam Industrial Park Finance Association (VIPFA), suggested promoting regional connectivity infrastructure, shifting from provincial-level planning to the overall development of economic driving zones to enhance international investment competitiveness.
Recently, Swire Coca-Cola, a joint venture between the U.S.-based Coca-Cola Company and the UK’s Swire Group, inaugurated a large beverage plant in Tay Ninh Province, Vietnam, with an investment of USD 136 million. The plant has an annual production capacity of 1 billion liters, making it Coca-Cola’s largest facility in Vietnam and the first to receive LEED Gold green building certification.
Zheng Huiru, General Manager of Coca-Cola Beverages (Vietnam) Ltd., stated that the opening of the new plant is not only an important milestone in the company’s development history but also demonstrates the company’s confidence in long-term investment in the Vietnamese market.
In addition to Coca-Cola, numerous international brands are also expanding their investment footprint in Vietnam, including: LEGO Group – opening a USD 1.3 billion factory in Ho Chi Minh City this April; Sweden's SYRE Group – promoting a USD 1 billion project in Gia Lai Province; Nestlé – adding USD 75 million to expand its Dong Nai Tri An factory, bringing total investment to USD 175 million.
In addition, John Pan, President of Warburg Pincus, stated in early June that the group will continue to support Vietnam in promoting Vietnam-U.S. bilateral economic and trade relations.
Vietnam’s Deputy Minister of Finance, Nguyen Duc Chi, pointed out that in the first half of this year, registered FDI reached USD 21.52 billion, a year-on-year increase of 32.6%, hitting the highest level for the same period since 2009; actual disbursed funds reached USD 11.72 billion, the highest in nearly five years, demonstrating undiminished investor confidence.
Although the U.S. is set to implement reciprocal tariffs starting August 1 and market uncertainty exists, experts from the Vietnam Capital Group believe that as long as tariffs stay within a reasonable range, Vietnam’s attractiveness will remain strong.
Deputy Prime Minister Le Minh Khai reiterated at the Techcombank International Investment Conference that the Vietnamese government will continue to optimize the business environment and provide maximum convenience for foreign investment in key sectors such as high technology, energy, manufacturing, and services.
Prime Minister Pham Minh Chinh also stated that the government will implement more efficient administrative reforms, promote a “green channel” approval mechanism, and pilot one-stop investment service centers in several provinces and cities to ensure the smooth implementation of strategic projects.
Nguyen Hong Trung, Vice President of the Vietnam Industrial Park Finance Association (VIPFA), suggested promoting regional connectivity infrastructure, shifting from provincial-level planning to the overall development of economic driving zones to enhance international investment competitiveness.