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Finland sees decline in foreign direct investment in Vietnam in December

In December 2024, Finland registered no new projects but recorded US$10,000 in newly registered capital, according to Vietnam’s Ministry of Planning and Investment. All up, in 2024, Finland invested in 2 new projects with US$34.66 million in newly registered capital.

Foreign direct investment (FDI) from Finland into Vietnam remains modest but demonstrates growth potential, particularly in sectors like clean energy, education, technology, and sustainable development. Finnish companies are leveraging their expertise in renewable energy, water management, and digital solutions to tap into Vietnam’s rapidly growing economy and increasing demand for sustainable infrastructure. Notable Finnish firms, such as Wartsila and KONE, have established a presence in Vietnam, focusing on energy solutions and smart urbanisation.

Vietnam’s emphasis on green growth and digital transformation aligns with Finland’s strengths, creating opportunities for deeper investment collaboration. The Vietnamese government’s efforts to attract foreign investment, through incentives and improved ease of doing business, further encourage Finnish companies to explore partnerships and projects in the country. As both nations prioritise sustainability and innovation, FDI from Finland is expected to play a growing role in supporting Vietnam’s long-term economic development.

See also: How to Start a Business in Vietnam

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