VIETNAM REPORTS FDI JUMP OF 11.6 PER CENT

More than $24.78 billion in foreign direct investment (FDI) flowed into Vietnam in the first nine months of 2024, climbing 11.6 per cent on-year, according to the Foreign Investment Agency.

A total of 2,492 new projects were granted investment registration certificates in that period, with registered capital of over $13.55 billion, down 4.3 per cent in number but up 11.3 per cent in terms of capital.

The adjusted capital for 1,027 ongoing projects reached $7.64 billion, up 7.3 per cent on-year in number and 48.1 per cent in capital. There were 2,471 capital contributions and share purchases valued at $3.59 billion, falling 6.5 per cent and 26.2 per cent, respectively.

Foreign groups invested in 18 out of the 21 economic sectors in the first nine months of the year. Among them, the manufacturing and processing industry took the lead with $15.64 billion, accounting for 63.1 per cent.

Real estate followed with $4.38 billion, capturing 17.7 per cent of the total and 2.2 times higher than a year earlier. It was followed by power production and distribution, and wholesale and retail, with almost $1.12 billion and $920 million, respectively.

Singapore was the largest foreign investor among the 98 countries and territories investing in Vietnam during the period, with nearly $7.35 billion, or 29.7 per cent of total FDI, and up 69 per cent on-year. China ranked second with nearly $3.2 billion, accounting for 13 per cent, followed by South Korea, Hong Kong, and Japan.

Regarding quantity, China ranked first in the number of new projects with 29.3 per cent. South Korea took the lead in terms of capital adjustments as well as capital contributions and share purchases, accounting for 23.9 per cent and 25.6 per cent, respectively.

In the nine-month period, Bac Ninh was the largest FDI recipient with $4.5 billion, making up nearly 18.2 per cent of the total and almost 3.5 times higher than last year.

Ho Chi Minh City was second with over $1.91 billion, making up 7.7 per cent of the total but down 15.1 per cent on-year. Quang Ninh came closely behind with $1.81 billion, capturing 7.3 per cent.

As of end-September, disbursed FDI had risen by 8.9 per cent on-year to about $17.3 billion.

Source: VIR

Related News

MEMBER CORNER / PROMOTIONS

VIETNAM'S MANUFACTURING STORY HAS CHANGED IN 2026

Vietnam is no longer attracting investment solely because of its competitive costs. Today, global manufacturers are increasingly choosing Vietnam for its expanding industrial ecosystem, resilient supply chains and growing role in high-value sectors such as semiconductors, electronics and advanced manufacturing.

Jul 24, 2026

BANKING / FINANCE / INSURANCE / TAX

VIETNAM NEEDS OVER $200BN FROM STOCK MARKET IN NEXT 5 YEARS

Speaking at the event, Bui Hoang Hai, vice-chairman of the State Securities Commission of Vietnam, said total investment demand in the 2026-30 period is estimated at VND38,000 trillion ($1.4 trillion). The state budget can only provide approximately VND8,500 trillion ($323 billion), or 20 percent, leaving the remaining 80 percent to be sourced from private and international capital.

Jul 23, 2026

VIETNAM ECONOMY INVESTMENT

HUNG YEN BUILDS DIGITAL FOUNDATIONS TO DRIVE LONG-TERM GROWTH

From strengthening data infrastructure to developing AI platforms, Hung Yen province is enhancing governance capacity while laying the groundwork for the growth of its digital economy. Hung Yen, about 50-60km southeast of Hanoi, has maintained steady momentum in implementing its digital transformation agenda, creating a stronger foundation for the province to advance science, technology, and innovation.

Jul 23, 2026

VIETNAM ECONOMY INVESTMENT

CHINESE INVESTMENT WAVE OPENS NEW DOORS

As Chinese companies move beyond factory relocation to ecosystem-driven investment, Vietnam has a rare opportunity to evolve from a low-cost production base into a strategic node in regional value chains. When global companies first diversified supply chains, the focus was largely on relocating manufacturing capacity.

Jul 23, 2026

VIETNAM ECONOMY INVESTMENT

VIỆT NAM STEPS UP EXPORT TO ACHIEVE US$550-BILLION TARGET

Việt Nam is intensifying efforts to sustain export momentum in the second half of 2026 as the country works towards its target of US$550 billion in export revenue for the year, despite continuing uncertainties in global trade. Statistics show that exports reached $266.5 billion in the first six months, meaning the economy needs to generate around $245.5 billion more during the remainder of the year to meet the annual goal.

Jul 23, 2026

VIETNAM ECONOMY INVESTMENT

ASIA POWERS VIETNAM’S SHRIMP BOOM, LEAVING THE WEST BEHIND

In the first half of 2026, Vietnam's shrimp exports surpassed the US$2.3 billion mark, driven largely by booming demand from China and a lobster craze. But behind that growth figure lies a lopsided picture: Asia is carrying the load, while the U.S. and Europe have yet to break out. These days, a container of frozen shrimp leaving a Ho Chi Minh City port is more likely to cross the East Vietnam Sea to Shanghai than the Pacific to Los Angeles.

Jul 23, 2026