Vietnam added another 431 foreign direct invested projects to its 2024 tally in August, along with just over US$2.5 billion in additional capital commitments, according to data from Vietnam’s Ministry of Planning and Investment. This brings the total register capital commitments from foreign investors to US$20.5 billion.
The biggest gain was in manufacturing and processing which added 134 new projects and US$1.51 billion. The biggest investor countries were China, Japan, and Singapore, in that order, with US$626 million, US$605 million, and US$271 million registered respectively.
Not that registered capital is a commitment made by a firm to its project in Vietnam not necessarily how much has been spent. This is as opposed to realised capital which had reached US$14.1 billion for the year to August 20.
See also: Vietnam Foreign Direct Investment Tracker: Last Update July 2024