In December 2024, Seychelles registered 3 new projects with US$64 million in newly registered capital, according to Vietnam’s Ministry of Planning and Investment. This reflects no change in the number of new projects compared to November, which also recorded 3 new projects but with US$33.99 million in newly registered capital.
In 2024, Seychelles recorded investments in Vietnam in the amount of 27 new projects with US$273.97 million in newly registered capital.
Foreign direct investment (FDI) from Seychelles into Vietnam is relatively small and primarily linked to Seychelles’ status as an offshore financial hub rather than originating directly from domestic businesses in Seychelles. Investments associated with Seychelles-registered entities often focus on sectors such as real estate, tourism, and manufacturing in Vietnam, where favourable policies and rapid economic growth attract global investors.
While direct economic ties between Seychelles and Vietnam remain limited, Seychelles-based investments leverage Vietnam’s expanding consumer market and integration into regional trade frameworks like ASEAN. These investments typically take the form of financial vehicles or holding companies used for international business operations. As Vietnam continues to develop its economy and infrastructure, FDI from Seychelles-registered entities could grow, focusing on sectors aligned with Vietnam’s development priorities, such as renewable energy, hospitality, or urban development.
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