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Vietnam’s professional, scientific, and technological activities FDI jumps in December

In December, Vietnam’s professional, scientific, and technological activities sector registered 32 new projects with US$249.94 million in newly registered capital, according to data from Vietnam’s Ministry of Planning and Investment. This represents a 23.08 percent increase in the number of new projects compared to November, which saw 26 new projects with US$114.72 million in newly registered capital.

In 2024, the sector attracted a total of 364 new projects with US$1.27 billion in newly registered capital.

Vietnam’s professional, scientific, and technological activities sector has been gaining momentum as the country transitions toward a knowledge-based economy. This sector includes research and development (R&D), IT services, engineering, consulting, and scientific innovation. With the increasing integration of technology in industries such as manufacturing, agriculture, and healthcare, the demand for expertise in these areas has risen significantly.

Foreign direct investment plays an important role in this sector, with major contributions from countries such as Japan, South Korea, the United States, and Singapore. These investments focus on IT hubs, software development, R&D centres, and technology transfer projects. Key cities like Ho Chi Minh City, Hanoi, and Da Nang serve as hotspots for these activities due to their skilled workforce and advanced infrastructure. The sector also benefits from collaborations between local universities and international firms, fostering innovation and capacity-building. As Vietnam continues to invest in digital transformation and high-tech development, this sector is poised for substantial growth, making it a key contributor to the country’s long-term economic competitiveness.

See also: Technology in Vietnam: Industry Overview

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