Vietnam Foreign Direct Investment 1960-2024 (2024)

FAQs

What is the foreign direct investment in Vietnam in 2024? ›

“The Ministry of Planning and Investment (MPI) finds that foreign investors remain positive about Vietnam's economic rise, showing their desire to continue investment here. Thereby, we can expect that the foreign direct investment (FDI) inflow in 2024 will reach as much as $39-40 billion.”

Foreign Direct Investment in Vietnam increased by 14.15 USD Billion in August of 2024. Foreign Direct Investment in Vietnam averaged 7.53 USD Billion from 1991 until 2024, reaching an all time high of 23.18 USD Billion in December of 2023 and a record low of 0.40 USD Billion in January of 2010.

Vietnam foreign direct investment for 2022 was $17.90B, a 14.3% increase from 2021. Vietnam foreign direct investment for 2021 was $15.66B, a 0.89% decline from 2020. Vietnam foreign direct investment for 2020 was $15.80B, a 1.99% decline from 2019.

The country was up five places against last year's ranking to reach 19th on the list, according to UN Conference on Trade and Development (UNCTAD)'s World Investment Report 2021.

Vietnam offers competitive corporate tax rates and incentives for manufacturers, enhancing its attractiveness for foreign investors. Vietnam has significant investment in infrastructure, accounting for 5.7% of GDP—the highest in Southeast Asia.

Hanoi, Vietnam's capital city, with its thousand years of history, is the economical and cultural center of Vietnam. The city has seen all the ups and downs throughout the history of the country.

Abstract. From the start of the transition, foreign direct investment (FDI) was expected to play a key role in upgrading the country's infrastructure and productive capacity. It has indeed played that role.

The expansion of economic diplomacy activities by the Party and Government in recent times has created more opportunities for Vietnam to attract high-quality capital flows into new industries. In 2023, Vietnam attracted USD 36.6 billion of FDI, an increase of more than 32 percent over 2022.

1. Singapore. Singapore leads the list with an impressive 220 new projects in Vietnam, amounting to a total newly registered capital of approximately 4,013.97 million USD. Additionally, Singapore has 64 projects with adjusted capital, adding an adjusted registered capital of 1,216.68 million USD.

Singapore is the biggest investor in Việt Nam with a total registered capital of $2.55 billion, up by 51.3 per cent. A major project of Singapore is $662 million urban project Lumi Hà Nội.

What are the FDI restrictions in Vietnam? ›

Significant updates lift foreign investment restrictions in Vietnam under CPTPP. Foreign ownership of more than 49% to less than 100% or fund management companies needs to obtain approval by the Vietnamese government, which involves specific conditions.

[HO CHI MINH CITY] Vietnam has approved a new global minimum tax for multinationals, which means these larger companies will be subject to a 15 per cent effective minimum tax rate from January 2024.

HANOI, July 11 (Xinhua) -- Vietnam's foreign direct investment (FDI) inflow in 2024 is expected to hit 40 billion U.S. dollars in the whole year, contributing to boosting the country's growth, Vietnam News Agency reported Thursday, citing experts.

Foreign direct investment, net inflows (% of GDP) in Vietnam was reported at 4.3624 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources.

Registered investment from China and Hong Kong combined exceeded $8.2 billion in 2023, accounting for 6,688 projects, in contrast with $500 million from the United States.

HANOI, July 11 (Xinhua) -- Vietnam's foreign direct investment (FDI) inflow in 2024 is expected to hit 40 billion U.S. dollars in the whole year, contributing to boosting the country's growth, Vietnam News Agency reported Thursday, citing experts.

Foreign direct investment, net inflows (% of GDP) in Vietnam was reported at 4.3624 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources.

The Law on Investment is the primary domestic law for foreign investment activities in Vietnam. Its guiding legislation (Decree No. 31/2021/ND-CP of the Government, dated 26 March 2021) provides a combined list of business lines for which foreign investors are subject to market access restrictions.

The economy is continuing its steady recovery, with a 6.4 per cent expansion in the first half of 2024. Growth was supported by the strong recovery of both imports and exports and the revival of domestic demand as monetary policy remained accommodative.