Vietnam attracts over 29 billion USD in FDI in ten months
Vietnam attracted 29.11 billion USD in foreign direct investment (FDI) in the first ten months of 2019, up 4.3 percent over the same period last year, according to the Ministry of Planning and Investment.
The printed circuit board production line of the Nexcon Vietnam Co. Ltd, invested by the Republic of Korea, in Bac Ninh province (Photo: VNA)
Hanoi (VNA) 💝- Vietnamattracted 29.11 billion USD in foreign direct investment (FDI) in thefirst ten months of 2019, up 4.3 percent over thesame period last year, according to the Ministry of Planning and Investment.
Of the figure, 12.83 billion USD was poured into nearly 3,094 newprojects, up 25.9 percent in the number of projects year on year.
Approximately 5.47 billion USD was pledged to existing projects, justequivalent to 83.6 percent of the value from a year ago.
Foreign firms invested 10.81 billion USD in Vietnam during the period throughcapital contributions and share purchases, representing a year-on-yearincrease of 70.5 percent and accounting for 37.1 percent of the total registered capital.
Processing and manufacturing remainedthe most attractive sector to foreign investors during the January-Octoberperiod, drawing 18.83 billion USD, making up 68.1 percent of the total FDI pledges. It was followed by property trade at 2.98billion USD (10.2 percent of the total) and wholesale and retail.
Among the total 107 countries andterritories investing inVietnam, Hong Kong (China) was the largest investorwith 6.45 billion USD, followed by the Republic of Korea with 5.52 billion USD and Singapore with 4.21 billion USD.
൲ Hanoi was the largest FDI recipientduring the period with 6.61 billion USD, accounting for 22.7 percent of the total. Ho Chi Minh City came second with 4.96 billion USD (17 percent), followed by Binh Duong, Dong Nai,and Bac Ninh./.
Hanoi raked in about 6.23 billion USD in foreign direct investment (FDI) during the first nine months of this year, continuing to lead the country in FDI attraction, according to the municipal People’s Committee.
Industrial property in the Northern Key Economic Zone (NKEZ) saw strong development in the third quarter of this year, according to Jones Lang LaSalle firm (JLL Vietnam).
The northern province of Vinh Phuc has been an ideal destination for investors thanks to its geographical location and preferential policies for investment attraction.
News and World Report of the US has ranked Vietnam eighth among 29 best economies to invest in, and first among the Association of Southeast Asian Nations (ASEAN) in the list.
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PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
The printed circuit board production line of the Nexcon Vietnam Co. Ltd, invested by the Republic of Korea, in Bac Ninh province (Photo: VNA) 
