Criteria for evaluating foreign investment in Viet Nam

They include 29 economic, eight social, and five environmental criteria, according to Decision No. 315/QD-TTg signed by Prime Minister Pham Minh Chinh.

The 29 economic criteria are categorized into six groups, assessing factors such as investment scale, contribution to socio-economic development, technology application, innovation capacity, operational efficiency, tax contributions, spillover effects, and linkages with domestic enterprises.

The eight social criteria focus on job creation, worker income, gender equality, and legal compliance.

Meanwhile, the five environmental criteria measure the environmental impact of foreign-invested projects and the measures taken by foreign invested enterprises to protect the environment.

By the end of 2024, Viet Nam had attracted a total of US$502.8 billion in foreign direct investment in 42,002 valid projects. 

The manufacturing and processing industry took the lead with US$308.76 billion, followed by real estate (US$73.18 billion) and power production and distribution (US$41.93 billion).

South Korea was the top investor in Viet Nam with over US$92 billion, followed by Singapore, Japan, Taiwan, and Hong Kong. 

Ho Chi Minh City was the biggest recipient by luring nearly US$59 billion, followed by Binh Duong (US$42.48 billion) and Ha Noi (US$42.34 billion)./.