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Category: Vietnam Investment news

Investment in Vietnam has grown rapidly in recent years on the back of a low-cost workforce and a shift out of China driven by trade complications between China and the US. This section monitors Vietnam investment news including who is investing in what, where, and how much.

New registered FDI in Vietnam reaches US$9.27 billion

Vietnam’s General Statistics Office has released its Report on the Socio-Economic Situation in April and the First Four Months of 2024 in which it says new foreign direct investment commitments have reached US$9.27 billion, an increase of 4.5 percent over the first four months of last year. Furthermore, it states

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Insights from the 2023 Global Investment Trends re: Vietnam

Global flows of foreign direct investment were up 3 percent last year, however, if the several top performing European economies are removed, there was a decline of 18 percent according to the United Nations Conference on Trade and Development 2023 Global Investment Trends report and reported by The Leader.  The

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Vietnam FDI in January broken down by industry/type

Vietnam’s FDI in January reached just over US$2.23 billion. Real estate attracted the most new foreign capital accounting for a little more than half of the total FDI received. It was followed by manufacturing and processing which also had a healthy January recording 63 new projects worth just under US$716

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Vietnam outbound foreign direct investment tops US$421 million

This was a drop of 21.2 percent over 2022, according to the General Office of Statistics and reported by Vietnam Plus. Key takeaways Vietnam invested US$156.9 million in projects in the wholesale and retail, and repair of cars, motorcycles, motorbikes and motor vehicles; A further US$120.6 million in information and

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Singapore packaging firm to expand investment in southern Vietnam

Singapore’s Tetra Pak is set to add another US$43 million to its investment in southern Vietnam’s Binh Duong province, The Investor is reporting. The investment brings the total value of its investment to US$173 million. The company currently manufactures a range of packing products in the country.

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Taiwan firm starts work on machine factory north of Hanoi

Taiwan’s Lioho Machine Works has started building a factory in Vinh Phuc north-west of Hanoi, The Investor is reporting. The project is reportedly worth US$75 million and is set to cover five hectares. When complete it will produce car parts, farm equipment, and pumps. 

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Japan to process scallops in Vietnam after China bans seafood imports

Japanese scallop producers are considering shifting their processing operations from China to Vietnam after China banned the import of Japanese seafood over the release of treated water from the Fukushima nuclear power plant, The Japan News is reporting. An estimated 30,000 to 40,000 tons of scallops from Japan were processed

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Swedish engineering group opens first factory in southern Vietnam

Sweden’s Trelleborg Group has inaugurated its first factory in Vietnam in southern Vietnam’s Dong Nai province, The Investor is reporting. Covering 8,000 square metres will create parts for the global automotive and industrial sectors. Trelleborg also announced earlier this year it planned to build a US$37 million factory in Ba-Ria-Vung

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Thai firm to build industrial park in central Vietnam

Thailand’s WHA Industrial Development has been approved to build a US$55 million 178.51 hectare industrial park in central Vietnam’s Than Hoa province, The Investor is reporting. This will be WHA’s second industrial park in Vietnam. The first is located in Nghe An, next door to Thanh Hoa.

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Japanese home-furnishing retailer to set-up shop in southern Vietnam

Nitori, a home-furnishings retailer from Japan is set to open its first in Vietnam’s Binh Duong province, in winter of this year, Japan Today is reporting. Vietnam has become popular among Japanese retailers keen to tap into Vietnam’s rapidly expanding middle-class. Other big Japanese retailers with a presence in Vietnam

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