In December 2024, the Philippines 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 significant increase compared to November, which recorded no new projects and US$0.74 million in newly registered capital.
In 2024, the Philippines invested in 4 new projects with US$20.41 million in newly registered capital.
Foreign direct investment (FDI) from the Philippines into Vietnam has been growing steadily, reflecting the strong economic ties and shared membership in ASEAN. Filipino investments are primarily focused on sectors such as food and beverage, retail, agriculture, and real estate. Prominent Philippine companies, including Jollibee Foods Corporation and URC (Universal Robina Corporation), have established significant operations in Vietnam, leveraging the country’s expanding consumer market and strategic location.
Vietnam’s favourable investment policies, growing middle class, and integration into global trade networks have attracted Philippine businesses seeking to diversify and expand their regional presence. Additionally, both nations benefit from enhanced collaboration through ASEAN economic initiatives, which foster cross-border investments and trade. As Vietnam continues to develop its infrastructure and domestic industries, FDI from the Philippines is expected to increase, particularly in consumer-driven and export-oriented sectors.
See also: How to Start a Business in Vietnam