In December 2024, the UK registered 2 new projects with US$22.55 million in newly registered capital, according to Vietnam’s Ministry of Planning and Investment. This marks no change in the number of new projects compared to November, which also recorded 2 new projects but with negative newly registered capital of US$6.90 million.
In 2024, the UK invested in 44 new projects with US$241.30 million in newly registered capital.
Foreign direct investment (FDI) from the United Kingdom into Vietnam has grown steadily, reflecting the strengthening bilateral relationship and Vietnam’s appeal as a dynamic and rapidly developing economy. UK investments are primarily focused on sectors such as education, finance, renewable energy, healthcare, and consumer goods. British companies, including HSBC, Standard Chartered, and AstraZeneca, have established a strong presence in Vietnam, contributing to the development of key industries and infrastructure.
The UK-Vietnam Free Trade Agreement (UKVFTA) has further enhanced economic ties, providing British investors with improved access to Vietnam’s market and creating opportunities in sectors like green energy and technology. Vietnam’s growing middle class, skilled workforce, and commitment to sustainable development align well with the UK’s expertise in innovation and environmental solutions. As the two countries continue to strengthen their strategic partnership, FDI from the UK is expected to expand, particularly in high-value and sustainability-focused sectors.
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