Chinese foreign direct investment in Vietnam has reached US$3.61 billion across 789 projects year-to-date, reflecting China’s strong interest in Vietnam’s growing market. October 2024 recorded significant activity, with 165 new projects valued at US$389 million. This represents consistent growth compared to September, which saw 67 projects worth US$951 million.
The high number of projects in October highlights China’s continued commitment to investing in Vietnam, particularly in sectors like manufacturing, energy, and infrastructure. Despite a lower investment value in October compared to September, the steady increase in the number of projects underscores the expanding footprint of Chinese enterprises in Vietnam.
Year-to-date data positions China as one of Vietnam’s largest FDI contributors, alongside other key partners such as Korea and Singapore.
See also: Vietnam FDI Source Country Tracker