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Vietnamese businesses expand investment in processing industries across CLMV

A growing number of Vietnamese businesses are expanding investment into processing industries in CLMV countries, taking advantage of local raw materials and competitive production costs.

Machine translation
This article is machine translated and has not been reviewed yet.
Dây chuyền sản xuất tại một nhà máy chế biến của doanh nghiệp Việt Nam đầu tư ở nước ngoài
Dây chuyền sản xuất tại một nhà máy chế biến của doanh nghiệp Việt Nam đầu tư ở nước ngoài

The number of Vietnamese businesses investing in processing industries in CLMV countries has been on the rise, according to recently released figures.

Projects are concentrated mainly in agricultural and food processing as well as consumer goods manufacturing, taking advantage of locally available raw materials and competitive production costs in host countries.

Investment trends

[Bộ Kế hoạch và Đầu tư Việt Nam] said most new investment projects are small and medium in scale, carried out by private enterprises through joint ventures with local partners.

  • Agricultural and food processing
  • Consumer goods manufacturing for domestic and export markets
  • Joint ventures with local businesses

Business representatives said the investment environment in several CLMV countries has improved considerably in recent years, shortening the time needed to complete project set-up procedures.

This investment trend is regarded as helping to strengthen regional supply chains and deepen economic ties among CLMV countries.

Trade and investmentIndustry

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