ASEAN Investment Report 2022 released
At Hai Phong port, Vietnam - Illustrative image (Photo: VNA)
The ASEAN Investment Report (AIR) 2022 titled “Pandemic Recovery and Investment Facilitation” was released at the 25th Meeting of ASEAN Economic Ministers - ASEAN Investment Area Council (AEM - AIA25) on September 14.
AIR 2022 is made to facilitate a better understanding of Foreign Direct Investment (FDI) developments in ASEAN.
The report shows that ASEAN recorded a robust rebound in FDI inflows, surging by 42% to reach 174 billion USD in 2021. This increase to near pre-pandemic levels reverses the decline in 2020 caused by the COVID-19 outbreak and reflects the attractiveness of the region’s economy for global investors.
ASEAN member states have undertaken significant efforts to attract and retain FDI, the report said, noting that they are now stepping up this endeavour through the adoption of an ASEAN Investment Facilitation Framework (AIFF) in 2021, reflecting ASEAN’s continued commitment to improve ease of doing business and investment in the region.
This report highlights many of ASEAN’s investment facilitation initiatives at the national and regional levels, and provides insights for foreign investors on how these initiatives could assist them in their investment decisions. It also highlights the initial assessment of the implementation of the AIFF.
The ASEAN Investment Report 2022 was prepared under a technical cooperation agreement between the ASEAN Secretariat and the United Nations Conference on Trade and Development (UNCTAD) with the support of the Australian Government through the ASEAN-Australia Development Cooperation Program Phase II (AADCP II).
As planned, AIR 2022 will be also introduced at the ASEAN Business and Investment Summit in November.
Related News
Vietnam Customs actively promotes cooperation activities
09:33 | 23/04/2024 Customs
Vietnam Customs with outstanding results in ASEAN cooperation
14:16 | 19/04/2024 Customs
28th AFMM, 11th AFMGM gain great success
10:48 | 09/04/2024 Finance
Continue to implement and complete important customs cooperation initiatives in ASEAN
10:48 | 09/04/2024 Finance
Latest News
Enterprises want clearer regulations on seafood production
14:05 | 26/04/2024 Import-Export
Vietnam ranks fifth among aquatic product suppliers for Singapore
13:53 | 26/04/2024 Import-Export
Forum seeks to increase PPP investment effectiveness
13:48 | 25/04/2024 Import-Export
Linking businesses with cooperatives to increase the value chain
09:42 | 25/04/2024 Import-Export
More News
Vietnam has a trade deficit of over US$17 billion with China
15:34 | 24/04/2024 Import-Export
Tra fish export to UAE jumps 67% in Q1
13:46 | 24/04/2024 Import-Export
Pepper prices continue increase trend
13:44 | 24/04/2024 Import-Export
More efforts needed to maintain export growth to China: Insiders
13:55 | 23/04/2024 Import-Export
It is expected that there are higher orders and revenue in the second quarter from European businesses
09:31 | 23/04/2024 Import-Export
Vietnamese rice prices on the hike
15:08 | 22/04/2024 Import-Export
FDI flow into garment and textile sector bounces back
15:06 | 22/04/2024 Import-Export
Investors play a key role in developing the industrial park system
10:38 | 22/04/2024 Headlines
Find ways to a corporation for businesses in industrial parks
10:38 | 22/04/2024 Import-Export
Your care
Enterprises want clearer regulations on seafood production
14:05 | 26/04/2024 Import-Export
Vietnam ranks fifth among aquatic product suppliers for Singapore
13:53 | 26/04/2024 Import-Export
Forum seeks to increase PPP investment effectiveness
13:48 | 25/04/2024 Import-Export
Linking businesses with cooperatives to increase the value chain
09:42 | 25/04/2024 Import-Export
Vietnam has a trade deficit of over US$17 billion with China
15:34 | 24/04/2024 Import-Export