Vietnam warned against being too eager for Chinese capital

Welcoming foreign investments, economists have once again warned about the negative impact that Chinese investments have had on Vietnam’s economy.

The concern about Chinese investments were raised after the Ministry of Planning and Investment (MPI) released a report showing that China is standing firmly in the No 1 position on the list of leading foreign direct investors in Vietnam.

Vietnam warned against being too eager for Chinese capital

Chinese registered $1.3 billion worth of FDI in the first four months

In the first four months of 2019, Chinese investors registered $1.3 billion worth of FDI in 187 projects. The investments mostly were for the processing & manufacturing industry, real estate and distribution. Tiếp tục đọc “Vietnam warned against being too eager for Chinese capital”

China becomes biggest foreign investor in Vietnam

Chinese investment has generated jobs and brought capital, but it may also bring about environmental risks and cause problems in foreign worker management, experts say.

The Q1 report about Vietnam’s macroeconomy released by VEPR (the Vietnam Institute for Economic and Policy Research) shows that implemented FDI capital increased by 7.52 percent compared with the same period last year, while registered FDI capital was $3.82 billion. Additional investment capital increased by $1.3 billion. Tiếp tục đọc “China becomes biggest foreign investor in Vietnam”