Foreign Direct Investment (FDI) from the United States into Vietnam saw significant growth in October, with 24 new projects approved, with US$44 million in newly registered capital. This marks a notable increase in the number of projects compared to September, when 12 projects, also worth US$44 million were approved, according to data from Vietnam’s Ministry of Planning and Investment.

Year-to-date, US investors have launched 92 projects with a total registered capital of US$223.71 million, highlighting consistent engagement from American businesses. These investments reflect the strengthening economic ties between the two nations, with the US focusing on industries such as manufacturing, technology, and renewable energy in Vietnam.

Vietnam’s strategic position in Southeast Asia, coupled with its pro-investment policies and abundant low-cost workforce, continues to attract interest from American firms. The data underscores Vietnam’s growing role as a critical investment hub for the United States and its broader economic agenda in the region.

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