Vietnam’s mining sector saw minimal foreign direct investment activity in October 2024, with no new projects or substantial capital inflows. The sector registered only US$4,000 in capital, remaining mostly stagnant from September, which also recorded no new project investments, according to Ministry of Planning and Investment data.

Year-to-date, the mining sector has attracted just one project, with total registered capital amounting to US$2.81 million. The limited FDI reflects the sector’s challenges, including regulatory complexity and environmental concerns, which may deter larger foreign investments.

While the sector plays a role in Vietnam’s resource extraction, it has seen lower FDI interest compared to more dynamic sectors. Future growth will likely depend on policy reforms and sustainability initiatives to attract responsible and long-term investment in mining.

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