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5 September2009

UN Survey: Vietnam remains attractive to investors

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Vietnam is still the "gold destination" attracting FDI along with China, US, India, Brazil, Russia, UK, Germany, Australia, Canada, Finland, France and Thailand, reported

The online news website quoted a survey conducted by United Nation Conference on Trade and Development (UNCTAD), titled "World investment prospect 2009-2011" on 241 leading businesses in the world.
The growth impetus of FDI flow will really return from 2011. The global economic downturn made FDI down 15 percent against 2008 and continue decreasing in short term, UNCTAD predicted.

Of the businesses surveyed 85 percent admitted being affected strongly by the economic earthquake, 79 percent reported that the financial crisis damaged their investment plans. Lastly, 58 percent planned to cut down investments in 2009.

Surveyed companies said the global investment environment will be improved considerably in 2011 and they are sure on increasing the presence overseas. A half of them estimated that their FDI in 2011 will be higher than the capital amount they spent in 2008.

Majority of businesses in developing countries (mainly Asia) are very optimistic on the world's economic conditions improving while those in Japan and developed countries still wondered about this.

Compared with the last year's survey, top five attractive destinations are unchanged.


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