According to the Ministry of Planning and Investment, Vietnam’s foreign investment in the first four months of 2024 involved 36 newly issued investment certificates with a total capital of 98.3 million USD, a 29.8% decrease compared to the same period last year; there were 3 capital adjustments with an adjusted capital increase of 580,000 USD, a 95.7% decrease.
The total capital of Vietnam’s foreign investment (new and adjusted capital) in the first four months reached 98.9 million USD, a 35.6% decrease compared to the same period last year. Of which, mining reached 58.6 million USD, accounting for 59.3% of the total investment capital; wholesale and retail, repair of automobiles, motorcycles, and other motor vehicles reached 11.5 million USD, accounting for 11.7%; other services reached 10 million USD, accounting for 10.1%…
In the first four months of 2024, there were 14 countries and territories that received investments from Vietnam, of which the Netherlands was the leading country with 54.6 million USD, accounting for 55.2% of the total investment capital; Laos with 16.3 million USD, accounting for 16.5%; the United States with 6.7 million USD, accounting for 6.7%; New Zealand with 5.9 million USD, accounting for 5.9%; Germany with 5.4 million USD, accounting for 5.4%.
| Netherlands | 55.2 |
|---|---|
| Laos | 16.5 |
| United States | 6.7 |
| New Zealand | 5.9 |
| Germany | 5.4 |
| Other countries | 10.3 |
Graphic: PL
Major Vietnamese projects in the Netherlands include the project of Intel Products Vietnam Co., Ltd. with a value of 4.11 billion USD, the project of AES-TKV Mong Duong 2 Power Company Limited with a value of 2.15 billion USD, the Nam Con Son oil and gas project with a value of 607.08 million USD…
The Netherlands has implemented many practical programs to support Vietnam in socio-economic development, poverty reduction, improving the quality of education and training, healthcare, combating climate change, and overcoming the COVID-19 pandemic…
Lam Dong is one of the localities cooperating with the Netherlands to develop high-tech agriculture. Photo: Internet.
On Vietnam’s side, Vietnam has always had a trade surplus with the Netherlands. The main export items to the Netherlands include: phones, electronic devices, textiles, footwear, agricultural products, and seafood… At the same time, imports from the Netherlands include machinery, equipment, components, pharmaceuticals, chemicals, and dairy products.
Vietnam’s investment projects in this country include projects to import and distribute telecommunications equipment, automobiles, and components, providing services related to electric vehicle batteries, e-commerce, food and beverage businesses, exporting agricultural products and seafood…
Sharing the potential for cooperation between the two countries, the Dutch Ambassador to Vietnam Kees van Baar said in an interview in late 2023 that the two countries have great potential in developing marine industries, agriculture, climate change, education, innovation, green transition, green economy…
The Netherlands is a country with a per capita income (GDP) among the highest in the world. In 2023, per capita GDP at current prices reached 61,100 USD. This figure is more than 14 times higher than Vietnam’s current per capita GDP of 4,284.5 USD (estimated at 101.9 million VND/person).
