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FDI in Vietnam’s information and communication sector declines in October

Vietnam’s information and communication sector saw a reduction in foreign direct investment in October, with the number of projects falling by 18.18 percent from 22 in September to 18. Registered capital also decreased significantly, down by 30.47 percent from US$26.71 million in September to US$18.57 million in October, according to Ministry of Planning and Investment data

Year-to-date, the sector has attracted 194 projects with a cumulative registered capital of US$150.56 million, reflecting moderate investment levels in Vietnam’s digital and communication infrastructure.

Despite this recent decline, Vietnam’s information and communication sector remains an essential part of its FDI landscape, catering to a growing digital economy and enhancing connectivity.

See also: Technology in Vietnam: Industry Overview

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