Vietnam’s processing and manufacturing industry recorded a total of US$2,077.01 million in foreign direct investment in March, according to the latest data from the Ministry of Planning and Investment. This included 123 new projects valued at US$1,174 million, accounting for more than half of total inflows.
Breakdown by activity:
- 93 existing projects were adjusted, bringing in US$614 million in additional capital.
- 43 shareholding adjustments contributed another US$289 million, highlighting continued investor interest in expanding stakes.
This represents a significant boost to Vietnam’s manufacturing industry which is a cornerstone of Vietnam’s foreign direct investment landscape, and the economy more broadly, employing millions of Vietnamese all over the country.
Of note, however, these numbers precede the announcement made last month by the President of the United States, Donald Trump, that the US would be introducing significant tariffs on its Import partners. For Vietnam, that figure is 46 percent and if it goes ahead could pose a significant challenge to the future of the local manufacturing sector.
See also: How to Open a Factory in Vietnam