Positive outlook ahead for Vietnamese FDI attraction

Foreign direct investment (FDI) attraction in Vietnam is expected to peak up steam in the coming months following several foreign investors’s decisions to inject huge amounts of capital into a number of major projects across the country, according to industry insiders.

Positive outlook ahead for Vietnamese FDI attraction ảnh 1

 

Notably, the Republic of Korea (RoK)’s SK Group moved to pour US$340 million into acquiring a 4.9% stake in The CrownX, which owns the WinMart and WinMart+ store chains, further affirming its keen interest and major ambitions in Vietnam.

De Heus Group of the Netherlands also acquired Masan’s entire animal feed production segment as a way of expanding its factory chain in the country to 22, officially becoming the country's leading animal feed manufacturer with total investment reaching up to VND4 trillion.

Explaining the reasons, Gabor Fluit, general director of De Heus Asia, said Vietnam is a potentially lucrative market in Southeast Asia boasting a high economic growth rate among the group of developing countries. In addition, it has signed numerous bilateral and multilateral free trade agreements (FTAs), with 14 of them currently in force. 

Among other investors, Kurz Group of Germany recently decided to invest US$40 million in constructing a coating and thin film technology factory in Becamex VSIP Binh Dinh, while the RoK’s Amkor Technology, Inc planned to funnel US$1.6 billion into a semiconductor manufacturing plant in Bac Ninh.

Authorities in Quang Tri have agreed to allow the consortium of investors SSF Investment Co., Ltd., Sunshine Homes Development JSC (SSH) and Truth Assets Management from Singapore to conduct a survey for exploring investment in three projects in the Cua Viet maritime area.

Elsewhere, Denmark’s Orsted Group proposed investing in an offshore wind power project in Hai Phong, with the site set to feature a total capacity of 3,900 MW and investment capital reaching between US$11.9 billion and US$ 13.6 billion.

Statistics compiled by the Foreign Investment Agency indicate that newly and additionally registered FDI capital in Vietnam over the past 10 months increased by 15.8% annually, which reflects foreign investors’ trust in the country’s economic recovery from COVID-19 in the short term.

Prime Minister Pham Minh Chinh, during his speech at the National Assembly’s year-end session, affirmed that despite the impact of the COVID-19 pandemic foreign investors have placed trust in Vietnam’s improved business and investment climate. He said besides transparent preferential policies, political stability and a young, abundant labour force are Vietnam’s advantages in attracting foreign investment.

Recently the UK market research company IHS Markit expressed its optimism about Vietnamese economic recovery thanks to a number of factors, including its low labour costs and and an abundant and qualified workforce compared to regional competitors.

Experts said Vietnam remains an attractive investment destination in the future, as several foreign firms are moving their production lines to nations in Asia, and a number of multinational companies are seeking to diversify their production supply chains. 

VOV

Other News

Private economic sector poised for breakthrough growth

Private economic sector poised for breakthrough growth

More than a year after the Politburo's Resolution No. 68-NQ/TW on private sector development came into effect, expectations now extend beyond increasing the number of enterprises. The goal is to build a stronger business community with greater resilience, larger ambitions and the capacity to compete in global supply chains.

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam is expected to remain one of ASEAN’s fastest-growing economies in 2026, supported by resilient exports, strong investment inflows and an ambitious reform agenda, despite mounting global uncertainties, according to the World Bank’s latest Vietnam Economic Update released on May 15.

Ministry establishes monitoring framework for carbon market

Ministry establishes monitoring framework for carbon market

Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.

Biofuel ready for nationwide rollout

Biofuel ready for nationwide rollout

For biofuels, particularly E10, to develop successfully, stronger and more coordinated policies are needed, especially pricing mechanisms capable of creating a sufficiently attractive gap between E10 and mineral-based petrol, an expert has said.

Vietnamese farm produce promoted at African investment, trade forum

Vietnamese farm produce promoted at African investment, trade forum

The 12th Africa Forum for Investment & Commerce (AFIC 12) opened in Algiers, the capital of Algeria, on May 9, drawing around 2,000 participants, including officials, economists, businesses, financial and development organizagtions from 43 African countries and international partners, including Vietnam.

Int'l medical, pharmaceutical expo opens in Hanoi

Int'l medical, pharmaceutical expo opens in Hanoi

The exhibition, which runs until May 9 at the Hanoi International Centre for Exhibition, showcases advanced products and technologies across a range of fields, including pharmaceuticals, drug manufacturing machinery and equipment, medical devices, hospital and clinic services and dental equipment.

Mega projects to transform Ho Chi Minh City urban landscape

Mega projects to transform Ho Chi Minh City urban landscape

Leading the charge in this massive building spree is the new central city square in the core of the Thu Thiem new urban area. Spanning more than 20 ha, it’s the crown jewel of the Central Square and new administrative center complex.

Vietnam establishes itself as one of region’s most dynamic manufacturing and supply bases

Vietnam establishes itself as one of region’s most dynamic manufacturing and supply bases

The country’s stable political and economic environment provides a critical foundation for long-term sourcing strategies. At the same time, Vietnam has demonstrated a strong ability to scale up manufacturing, supported by a continuously expanding industrial base capable of meeting both high-volume demand and increasingly complex technical and quality requirements.

Vietnamese pomelos gain broader access to Australian market

Vietnamese pomelos gain broader access to Australian market

The update by Australia’s Department of Agriculture, Fisheries and Forestry to its Biosecurity Import Conditions system (BICON) on April 10, officially setting out import conditions for Vietnamese pomelos, is regarded as a major milestone in market access efforts.

Vietnam's industry spearheads transition to circular economy

Vietnam's industry spearheads transition to circular economy

The circular economy is no longer just a policy choice. It has become an inevitable trend for delivering sustainable and green growth, sharpening competitiveness at home and abroad, and meeting Vietnam’s net-zero emissions target by 2050. It is now a prerequisite to sustain long-term economic expansion, particularly in industrial production and supporting industries.

Nearly 100 tonnes of Vietnamese fruits, vegetables airlifted to UAE

Nearly 100 tonnes of Vietnamese fruits, vegetables airlifted to UAE

Vietnamese fresh produce and processed foods are increasingly recognised for their quality, with items such as cashew nuts, coffee and spices gaining popularity among Middle East consumers. In 2025, Vietnam’s farm produce exports to the UAE exceeded 445 million USD, up nearly 24% year-on-year.