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France sees decline in foreign direct investment in Vietnam in December

In December 2024, France registered 1 new project with US$15.54 million in newly registered capital, according to Vietnam’s Ministry of Planning and Investment. This marks a 50 percent decrease in the number of new projects compared to November, which recorded 2 new projects and US$11.33 million in newly registered capital.

In 2024, French firms invested in 29 new projects with US$52.52 million in newly registered capital.

Foreign direct investment (FDI) from France into Vietnam reflects the strong historical and economic ties between the two nations. French investments are concentrated in sectors such as energy, transportation, pharmaceuticals, consumer goods, and infrastructure. Prominent French companies like TotalEnergies, Airbus, Sanofi, and Decathlon have established a significant presence in Vietnam, contributing to the development of key industries and enhancing Vietnam’s integration into global supply chains.

The EU-Vietnam Free Trade Agreement (EVFTA) has further strengthened economic cooperation, providing French businesses with preferential access to Vietnam’s growing market. Additionally, Vietnam’s focus on sustainable development aligns with France’s expertise in renewable energy, green technologies, and urban planning, creating opportunities for collaboration in these areas. As Vietnam continues to modernise its infrastructure and economy, French FDI is expected to grow, particularly in high-tech, energy, and sustainability-focused sectors, reinforcing the long-standing partnership between the two countries.

See also: Trade in Vietnam

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