Business News

According to the National Statistics Office (NSO), total registered FDI in Vietnam as of the end of June, including newly registered capital, additional capital for existing projects, and foreign investors' capital contributions and share purchases, reached $34.65 billion, an increase of 61 per cent on-year. Regarding newly registered investments, 2,013 projects were licensed with a total registered capital of $17.39 billion, up 1.3 per cent in the number of projects and 87.2 per cent in registered capital on-year.

Vietnam disbursed $2.3 billion for key transport infrastructure projects in the first half of 2026, but sluggish spending on two flagship railway projects continued to weigh on overall public investment progress. According to the Ministry of Finance (MoF), the Ministry of Construction (MoC) and local authorities allocated approximately $9.8 billion in state budget investment for major transport infrastructure projects in 2026, accounting for around 22 per cent of the country's total public investment plan.

Data released by the National Statistics Office (NSO) under the Ministry of Finance on July 3 showed that the industrial and construction sector maintained solid momentum during the first six months of the year, while the services sector continued to benefit from recovering domestic consumption, tourism, and trade. Industrial value-added expanded by 9.86 per cent on-year during the period, contributing 40.35 per cent to Vietnam's overall economic growth.

Central Highlands province Gia Lai attracted 168 new investment projects with total registered capital of nearly VNĐ165 trillion (US$6.3 billion) in the first half of 2026, putting it within reach of its annual investment target. According to the provincial Department of Finance, as of the end of June, the province had licensed 168 new projects with total registered capital of VNĐ164.9 trillion, achieving 98.8 per cent of the provincial People's Committee's target of 170 projects for the year.

The textile and garment industry generated an estimated trade surplus of nearly US$10 billion in the first six months of this year, despite weak global demand, intense price competition and continued reliance on imported raw materials. The industry is aiming to achieve its full-year export target of $48 billion. According to the Vietnam Textile and Apparel Association (VITAS), exports reached an estimated $22.2 billion in the first half, up 1.7 per cent from the previous year.

The Vietnamese government has issued Decree No. 272, providing detailed guidance for the implementation of the National Assembly’s Resolution No. 253 on special mechanisms and policies to support national energy development during the 2026-30 period, introducing financial and ownership requirements to both domestic and foreign investors seeking to develop offshore wind power projects.

Ho Chi Minh City reported strong economic growth in the first half of 2026, with gross regional domestic product (GRDP) expanding 8.55 percent year on year, according to the city's statistics office. The service sector remained the main driver of growth in the first six months, accounting for 54 percent of GRDP and expanding 8.89 percent, while the industrial and construction sector grew 8.5 percent and contributed 32.8 percent of the city's economy.

Foreign direct investment (FDI) commitments to Vietnam reached a record US$34.65 billion in the first six months of 2026, up 61 percent from a year earlier, reflecting strong foreign investor interest despite global geopolitical uncertainties, the National Statistics Office said. The total nearly matched the $38.42 billion in FDI commitments recorded for all of 2025, according to data released at a news conference on Vietnam's second-quarter and first-half economic performance.