Vietnam FDI Source Country Tracker: January Update [data set]

China was the leading foreign direct investor in Vietnam in terms of the number of projects initiated in December with 85 new projects. South Korea, however, was the biggest investor in terms of registered Capital adding US$1.25 billion in capital, according to data from the Ministry of Planning and Investment. Notably there was a significant drop across the board in terms of new projects and capital, however, the last week of January was the Lunar New Year break with government offices closed for five days.

Foreign direct investment, by country, January 2025, US$millions

JanuaryJanuaryDecemberDecemberMonth on MonthMonth on Month
New ProjectsRegistered CapitalNew ProjectsRegistered CapitalNew ProjectsRegistered Capital
Other14135.252311.7312-176.48
Total2824,334.793407,156.74-58-2,821.95
Korea301254.68423,165.89-12-1,911.21
Singapore391244.92541,068.25-15176.67
Japan21599.0925-111.87-4710.96
China85489.8796848.72-11-358.85
Hong Kong32161.0544707.33-12-546.28
Taiwan18138.8114248.764-109.95
Samoa381.03577.87-23.16
Malaysia868.7325.21543.49
Switzerland145.2912.81042.48
Cayman Islands139.9113.11026.79
Seychelles230.95364.35-1-33.40
Laos130.310.05030.25
Thailand119.38246.72-1-27.34
Denmark119321.83-2-2.83
Australia65.5633.4332.13
Brunei Darussalam14.6600.0014.66
Netherlands24.644366.44-2-361.80
France14.48115.540-11.06
Anguilla13.5300.0013.53
Germany32.1633.380-1.22
India10.6721.05-1-0.38
Nigeria00.5900.990-0.40
Congo00.500.0000.50
Luxembourg00.462130.31-2-129.85
Philippines10.34115.540-15.20
Canada30.3110.492-0.18
Ghana00.2400.0200.22
Afghanistan00.16016.230-16.07
Yemen00.1200.0000.12
Vanuatu10.1200.0010.12
Spain00.0700.0000.07
Mauritius00.0500.0000.05
Czech Republic00.0500.0000.05
Saudi Arabia00.04710.01-10.04
Myanmar00.0410.02-10.02
Italy00.020-7.5707.59
Ukraine00.0200.0100.01
Pakistan00.0211.29-1-1.27
Mexico00.0100.160-0.15
Republic of Cyprus00.00500.0000.01
Cameroon000-0.2500.25
Georgia000-0.0100.01
Finland0000.010-0.01
Lithuania0000.020-0.02
Poland0000.020-0.02
Turkey0000.020-0.02
Cambodia0030.03-3-0.03
Iran0010.10-1-0.10
Armenia0000.150-0.15
Kazakhstan0010.15-1-0.15
Israel0000.540-0.54
Belgium00-12.421-2.42
British Virgin Islands0013.21-1-3.21
Russia0023.82-2-3.82
Norway0005.790-5.79
Belize0018.00-1-8.00
Indonesia00314.46-3-14.46
UK00222.55-2-22.55
US Virgin Islands00130.00-1-30.00
USA5-52.31027.64-5-79.94

December

China was the leading foreign direct investor in Vietnam in terms of the number of projects initiated in December with 96 new projects. South Korea, however, was the biggest investor in terms of registered Capital adding US$3.1 billion in capital. That said, Singapore remains the leading foreign direct investor in Vietnam for the year with 462 new projects and US$10.2 billion in new registered capital, according to data from the Ministry of Planning and Investment.

Foreign direct investment, by country, December 2024, US$millions

DecemberNovemberOctoberSeptemberAugustJulyH1DECDEC
NPNRCNPNRCNPNRCNPNRCNPNRCNPNRCNPNRCNPNRC
Other13078-289.32-75.641963.94624.2612-1.7048884.5287993.92
Total3407,1572923,8105762,4762494,2944272,487.912822,827.451,20915,1743,37538,226.17
China9684970269.1116538967951122626.8093348.053421,3009554,732.12
Singapore541,068311,345.251014442556058271.1436939.151575,58046210,207.35
Hong Kong4470746749.99633042718345210.0928463.271261,7303794,347.53
Korea423,16638336.0976663261,05057262.6530168.561411,4124107,057.33
Japan25(112)27601.2340428166641605.1518182.721031,7312703,502.20
Taiwan1424918363.863137179225158.1015132.87671,0521872,084.57
USA1028935.9024441244919.59710.5240106111287.25
Samoa5782136.331028236586.93520.301647045855.55
Netherlands4366214.7734411111.60220.45811824546.05
Seychelles364333.9985732141.53122.2085327273.97
Malaysia325620.731122240514.26247.06151644185.19
Denmark32210.891010034.1215.32311062.80
Indonesia3144(6.96)-980060.23411.721101927.20
Australia3340.181713161.16310.9613254943.31
Germany33321.46-13459217.2130.25101524118.54
Cambodia303.05100030.0600.0034106.94
Luxembourg2130(0.00)100400.0000.25154140.06
Thailand24737.10711014416.54524.67107528225.24
UK2232(6.90)4752614.42664.721913744241.30
Russia2444.22-211050.3100.18791718.18
India2142.288156271.0230.2819194886.69
US Virgin Islands1300.74100000.0008.7510339.71
Philippines1160.74200100.2800.0313420.41
France116211.333-14132.6732.8413202952.52
Cayman Islands11313.610111,00200.020183.1912941,231.49
Belize18(0.92)100000.1300.0004211.31
British Virgin Islands133120.34016143387.691135.18818117586.27
Switzerland132(6.01)403000.0000.00310613103.21
Pakistan1111.71010012.0100.8025510.92
Canada1011.27204427.9024.039552173.15
Kazakhstan100.02000000.0000.000010.18
Iran100.3000001(33.34)017.0011730.78
Laos10-1011000.001021.05
Myanmar10(0.00)100000.0000.000020.41
Saudi Arabia100.491000000.000020.80
Afghanistan160.12200000.0000.0001217.48
Norway60.00200010.45800.001147.40
Nigeria13.20210102.9002.6309220.53
Israel10.0252-4020.0011.210145.09
Mexico00.00-10000(0.00)10.011010.21

Source: Ministry of Planning and Investment


November

Singapore was the leading foreign direct investor in Vietnam in November initiating 31 new projects and registering US$1.35 billion in capital. As a result, Singapore remains the leading foreign direct investor in Vietnam for the year with 408 new projects and US$9.14 billion in new registered capital, according to data from the Ministry of Planning and Investment.

Foreign direct investment, by country, November 2024, US$ millions

NovemberOctoberSeptemberAugustJulyH1YTDYTD
NPNRCNPNRCNPNRCNPNRCNPNRCNPNRCNPNRC
Total2923,8105762,4762494,2944272,487.912822,827.451,20915,1743,03531,069.43
Other27-305.083426.5237139.803851.8533123.161341,2433031,279.70
Singapore311,345.251014442556058271.1436939.151575,5804089,139.10
Hong Kong46749.99633042718345210.0928463.271261,7303353,640.20
Japan27601.2340428166641605.1518182.721031,7312453,614.07
Taiwan18363.863137179225158.1015132.87671,0521731,835.81
Korea38336.0976663261,05057262.6530168.561411,4123683,891.44
China70269.1116538967951122626.8093348.053421,3008593,883.40
Samoa2136.331028236586.93520.301647040777.68
British Virgin Islands3120.34016143387.691135.18818116583.06
Thailand37.10711014416.54524.67107526178.52
USA935.9024441244919.59710.5240106101259.61
Seychelles333.9985732141.53122.2085324209.62
Germany321.46-13459217.2130.25101521115.16
Malaysia620.731122240514.26247.06151641159.98
Netherlands214.7734411111.60220.45811820179.61
France211.333-14132.6732.8413202836.98
Russia44.22-211050.3100.18791514.36
Brunei Darussalam3.73000000.8000.2002226.30
Cayman Islands13.610111,00200.020183.1912931,218.38
Nigeria3.20210102.9002.6309219.54
Cambodia3.05100030.0600.003476.91

Source: Ministry of Planning and Investment


October

South Korea was the leading foreign direct investor in Vietnam in October initiating 76 new projects and registering US$663 million in capital. Singapore, however, is still the leading foreign direct investor in Vietnam for the year with US$7.8 billion in registered capital, according to data from the Ministry of Planning and Investment.

Foreign direct investment, by country, October 2024, US$ millions

OctoberQ3 2024H1YTD
NPNRCNPNRCNPNRCNPNRC
Total5762,4769589,6101,20915,1742,74327,259.22
Korea766631131,4811411,4123303,555.35
Singapore1014441191,7701575,5803777,793.85
Japan40428758541031,7312183,012.84
China1653892821,9263421,3007893,614.29
Hong Kong633041008561261,7302892,890.21
Seychelles85756685321175.63
USA244428744010692223.71
Taiwan313757383671,0521551,471.95
Samoa1028121441647038641.35
Malaysia11229101151635139.25
British Virgin Islands0165266818113462.72
Thailand711956107526141.42
Indonesia-9810121101219.70
UK4717811913740225.65
Netherlands34743811818164.84
Germany-1397610151893.70
Israel52-110144.53
Australia171121313254239.70
Bangladesh01121325.40
Cayman Islands0111,18512921,214.77
Other218882201131,1402221,368

Source: Ministry of Planning and Investment


September

Singapore is the leading foreign direct investor in Vietnam for this year initiating 339 new projects and registering US$7.35 billion in capital. The tiny island state leads with more than doubly the registered capital of second place China, according to data from the Ministry of Planning and Investment.

Foreign direct investment, by country, September 2024, US$ millions

SeptemberAugustJulyYTD
NPNRCNPNRCNPNRCNPNRC
Total2494,2944272,487.912822,827.452,49224,783.41
Singapore2556058271.1436939.153397,350.19
China67951122626.8093348.057293,225.72
Korea261,05057262.6530168.563022,892.71
HongKong2718345210.0928463.272632,586.15
Japan166641605.1518182.721902,584.84
Taiwan179225158.1015132.871451,434.60
Cayman Islands11,00200.020183.1921,213.77
Turkey0000.2011.105763.44
Samoa236586.93520.3034613.7
British Virgin Islands143387.691135.1810446.62
UK52614.42664.7238218.21
USA1244919.59710.5280180.09
Netherlands411111.60220.4517161.04
Thailand014416.54524.6725130.91
Seychelles32141.53122.2018118.93
Malaysia240514.26247.0629116.96
Switzerland3000.0000.0010106.41
Germany459217.2130.251790.96
India56271.0230.283882.81
Canada4427.9024.031871.2
Other257334352459183394

Source: Ministry of Planning and Investment


August

Singapore is the leading foreign direct investor in Vietnam for this year initiating 314 new projects and registering US$6.8 billion in capital. The tiny island state leads with almost three times the registered capital of second place Japan, according to data from the Ministry of Planning and Investment.

Foreign direct investment, by country, August 2024, US$ millions

AugustJulyYTD
NPNRCNPNRCNPNRC
Total4272,487.912822,827.452,24720,524.48
Singapore58271.1436939.153146,790.01
Japan41605.1518182.721742,519.07
HongKong45210.0928463.272362,403.65
China122626.8093348.056622,274.81
Korea57262.6530168.562761,842.84
Taiwan25158.1015132.871281,342.81
Turkey00.2011.105763.32
Samoa586.93520.3032577.22
British Virgin Islands387.691135.189403.58
UK614.42664.7233216.32
Cayman Islands00.020183.191211.93
Netherlands111.60220.4513150.19
USA919.59710.5268135.82
Seychelles141.53122.2015117.06
Thailand416.54524.6725116.61
Switzerland00.0000.007106.25
Malaysia514.26247.062777.05
Canada27.9024.031466.82
Poland0(0.00)10.01142.88
Denmark034.1215.32440.01
Other43193289.58203326

Source: Ministry of Planning and Investment


July

Singapore is the leading foreign direct investor in Vietnam for this year initiating 36 new projects and registering US$6.5 billion in capital. The tiny island state leads with almost three times the registered capital of second place Hong Kong, according to data from the Ministry of Planning and Investment.

Foreign direct investment, by country, 2024, US$ millions

JulyYTD
NPNRCNPNRC
Total2822,827181618,001.07
Singapore369392566,518.87
HongKong284631912,193.56
Japan181831331,913.92
China933485401,648.01
Korea301692191,580.19
Taiwan151331031,184.71
Turkey115763.12
Samoa52027490.29
British Virgin Islands11356315.89
Cayman Islands01831211.91
UK66527201.9
Netherlands22012138.59
USA71159116.23
Switzerland007106.25
Thailand52521100.07
Seychelles1221475.53
Malaysia2472262.79
Canada241258.92
Poland10142.88
Australia3113236.18
Finland00132.25
France331623.19
Brunei Darussalam00021.77
India302619.42
Ireland-114116.84
Germany301114.45
Indonesia412511.73
Nigeria03211.29
Russia0049
United States Virgin Islands0918.77
Other1486173

Source: Ministry of Planning and Investment