NBIZ Specifications Incentives
 





   
 

Invest in Vietnam

Vietnam attained a GDP growth of over 7% over the past decade. The city of Hanoi posted a growth of over 11% during the same period. The country is projected to attract more than USD12 billion in FDI Capital in 2007.

Vietnam's abundance in natural and human resources have resulted in growing interest from foreign investors spanning through Asia, Australia and Europe. Coupled with the country's entry into WTO, it is expected that Vietnam will likely develop into a robust economy in the near future.

The country has promising potential as a consumer market given its population of approximately 82 million with a growth rate of 1 million per annum. Also, Vietnam's well-educated and competitive workforce makes for a sound investment environment. The abundance of labour has attracted many new investors to the northern part of the country. The minimum wage for factory operators is currently USD50 per month.

Vietnam's existing and expanding industrial base presents boundless opportunities for foreign investors. The Vietnamese government is actively encouraging the development of industrial parks and processing zones. 'The Foreign Investment Law of Vietnam' offers a range of incentives for investors who set up manufacturing operations in these areas.

Noi Bai Industrial Zone has been established to provide high quality facilities and services to companies wishing to secure a presence in the promising future of Vietnam.

 

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