Investment environment assessment and key investment areas in Vietnam
When selecting investment locations,evaluating a region's or country's investment environment is crucial for enterprises.However,existing research often falls short of meeting the current practical needs of businesses.To address this gap,we conducted a field research and developed a comprehensive indicator system to assess Vietnam's investment environment across six key dimensions:factor endowment,infrastructure,industrial development,market conditions,financial environment,and institutional context.Based on this framework,we categorized Vietnam's investment environment,analyzed the key regions for investment and priority investment areas,and proposed four specific investment strategies.The study yielded vital findings:1)Vietnam's investment environment across multiple dimensions—factor endowment,infrastructure,industrial development,market conditions,financial environment,and institutional context—generally falls within average to medium levels.There is a notable spatial distribution pattern where some areas show high local values,but the overall investment environment remains relatively poor.2)The investment environment in Vietnam exhibits a clear spatial imbalance.Provinces such as Ho Chi Minh City,Hanoi,Hai Phong,Binh Duong,Dong Nai,and Ba Ria-Vung Tau stand out,ranking above the national average.3)Vietnam's investment environment can be categorized into five types:priority investment zones,key investment zones,general investment zones,potential investment zones,and cautious investment zones.The spatial distribution of these zones aligns with Vietnam's key economic regions,which are in the north and the south.4)Investment preferences vary by region.The northern critical economic zone develops industries like electronics,machinery manufacturing,and new energy.In contrast,the southern critical economic zone focuses on industries such as textiles and garments,food processing,and high-tech sectors.This research provides a scientific basis for enterprise investment decisions in Vietnam,fosters China-Vietnam economic and trade cooperation,and supports the long-term development of a resilient China-Vietnam community with a shared future.
investment environmentkey investment areasinvestment priorities"Belt and Road"initiativeVietnam