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Vietnam ranked 12th in attracting foreign directed investment (FDI) in a recent report of A.T. Kearney. Top 10 FDI destinations in the survey belonged to newly-emerging economies with China taking the lead.

Business Week quoted the findings from A.T. Kearney showing that leaders of numerous foreign businesses gave cautious opinions about overseas investment.

Statistics by the United Nations Conference on Trade and Development (Unctad) showed that after hitting a record of USD1,980 billion in 2007, FDI capital decreased by 14% from 2008 and by 39% from 2009. In 2010, many companies will delay investments because of tightened capital source in some markets, reported A.T. Kearney.

However, for investment consideration, China will continue to keep the leading position for investors. From 2002 to now, China has led in A.T. Kearney’s surveys in FDI Confidence Index.

Ranking 12th in FDI Confidence Index, Vietnam was put at the 93rd position in its Ease of Doing Business Ranking by A.T. Kearney. Among Southeast Asian countries in top 25 in FDI Confidence Index 2010, Vietnam ranked above Indonesia (21st), Malaysia (20th), and Singapore (24th).

Singapore took the lead in Ease of Doing Business Ranking at 24th position. The country followed Hong Kong in FDI capital rate on GDP.

Top 10 attractive FDI destinations in 2010 by A.T. Kearney include: China, the U.S., India, Brazil, Germany, Poland, Australia, Mexico, Canada, and England.

  (Source: VNEconomy)