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Vietnam’s administrative operations and support services FDI jumps in December

In December 2024, Vietnam’s administrative operations and support services sector recorded 13 new projects with US$9.6 million in newly registered capital, according to data from Vietnam’s Ministry of Planning and Investment. This represents a significant increase compared to November, which saw 1 new project with US$39,236 in newly registered capital.

In 2024, the sector attracted a total of 69 new projects with US$160,370 in newly registered capital.

Vietnam’s administrative operations and support services sector has been growing steadily, driven by the country’s rapid economic development and expanding business landscape. This sector encompasses a range of activities, including office administration, payroll processing, staffing and recruitment services, customer support, and facility management. It plays a critical role in supporting both domestic and foreign businesses operating in Vietnam, helping streamline operations and enhance efficiency.

The sector has benefitted from Vietnam’s integration into global trade networks and the influx of foreign direct investment, which has increased the demand for professional business support services. Additionally, the adoption of digital tools and automation technologies is transforming traditional administrative processes, making them more cost-effective and scalable. As Vietnam continues to modernise its economy, the administrative operations and support services sector is expected to grow, catering to the needs of a diverse and competitive business environment while contributing to job creation and skill development.

See also: How to Start a Business in Vietnam

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