In December 2024, Australia registered 3 new projects with US$3.43 million in newly registered capital, according to Vietnam’s Ministry of Planning and Investment. This represents a 25 percent decrease in the number of new projects compared to November, which recorded 4 new projects and US$0.18 million in newly registered capital.
In 2024, Australia invested in 49 new projects with US$43.31 million in newly registered capital.
Foreign direct investment (FDI) from Australia into Vietnam has grown steadily, reflecting the strong trade and economic ties between the two countries. Australian investments are concentrated in sectors such as education, agriculture, mining, infrastructure, and renewable energy. Australian companies have leveraged Vietnam’s growing economy, young workforce, and integration into global trade networks to establish operations in areas such as food processing, technology, and clean energy development.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) have further strengthened the economic relationship, providing Australian investors with preferential access to Vietnam’s market. Vietnam’s emphasis on sustainable growth and infrastructure development aligns with Australia’s expertise, creating opportunities for deeper collaboration. As both nations continue to strengthen their strategic partnership, Australian FDI is expected to play an increasingly significant role in Vietnam’s economic growth, particularly in sectors driven by innovation and sustainability.
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