As of March 2014, more than 50% of all foreign investment in Vietnam was concentrated in the industrial and economic zones, with roughly 5,300 foreign businesses reporting more than US$112 billion in registered capital.
In the first quarter of this year alone, there were 70 FDI projects invested in industrial and economic zones nationwide with combined registered capital of more than US$800 million.
The Ministry of Planning and Investment reported that these FDI projects are primarily specializing in telecommunications and support industries. World-wide names making an appearance included Samsung, LG and Nokia.
These projects have attracted a large number of satellite investors that are now jostling to get in on the action, raising expectations of leading economists and market analysts optimistically to predict that investment and production in industrial and economic zones will continue to grow.
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