Vietnam Industry Investor Survey 2010 launched

The survey’s evidence will be the basis for the development of the Vietnam Investment Monitoring Platform which will be maintained and operated by the Foreign Investment Agency (FIA).

The survey is designed to complement the efforts of the institutions involved in the policy making by generating systematic evidence in assessing the impact of foreign investment sector on the Vietnam’s economic development measured by the impact of the foreign investment on the development of the domestic enterprises.

The survey will also provide the analysis of the dynamics of enterprises’ performance and perceptions of the business climate in Vietnam and enhance the capacity of the national institutions in their efforts on investment promotion and investment climate improvement.

The replication of the second survey over the next two years with possibly broader focus on the other sectors of the economy with an aim at continuing to generate evidence to complement efforts made by the MPI in designing efficient policy in investment attraction, enhancing the foreign investment sector’s contribution to the Vietnam’s economic development in a new stage of development.

Do Nhat Hoang, FIA general director said that all enterprises would be welcomed to support and actively participate in the survey and emphasised that through the survey, enterprises would have opportunity to get free access to business partners, suppliers, and potential customers who had been taking part in the UNIDO international network of Investment and Technology Promotion Offices.

The Vietnam Industry Investor Survey 2010 will be conducted in nice cities and provinces in Vietnam where main agglomerations of foreign direct investment and domestic enterprises are located. The sample frame has a combined number of 1,644 manufacturing, utility and construction enterprises which have been randomly selected from totally 6,836 ones across Hanoi , Ha Phong, Vinh Phuc, Bac Ninh, Da Nang , Ho Chi Minh City, Dong Nai, Binh Duong, and Ba Ria- Vung Tau.

The survey findings will be consolidated in the web-based interactive “Vietnam Investment Monitoring Platform” and stakeholders, including enterprises will be able to make enquiries to better understand the characteristics of the investment environment in the country.

Nilguen Tas, UNIDO representative in Vietnam informed that in addition to the Investment Monitoring Platform, FIA, the Vietnam Chamber of Commerce and Industry and UNIDO were collaborating to set up the Supplier and Partnership Exchange (SPX).

SPX aims to strengthen the linkages between foreign and domestic companies in sectors such as metalworking, plastics and footwear where subcontracting through supporting industries have potential to play a major role.

The Industry Investor Survey data will be integrated with the SPX to support domestic enterprises in promoting and linking with foreign invested and large scale enterprises. In addition, SPX will offer participating enterprises to have access to a database that facilitates them in benchmarking their performance against industry averages.