Vietnam’s disbursed FDI capital hits record high of $25.35 bln in 2024

By Tri Duc
Mon, January 6, 2025 | 1:53 pm GMT+7

Registered foreign direct investment (FDI) in Vietnam hit $38.23 billion in 2024, down 3% year-on-year, while disbursed FDI capital reached $25.35 billion, an all-time high.

The registered FDI capital is the third-highest level Vietnam has recorded. It was lower than the $39.39 billion in 2023 and the phenomenal $64.01 billion in 2008, the General Statistics Office reported on Monday.

chart-122606.jpg

Registered capital comprises capital for newly-registered projects, additional capital for existing projects, and capital for stake acquisitions.

Of the total registered capital, about $19.73 billion was pledged for 3,375 new projects, down 7.6% but up 1.8% year-on-year, respectively.

The manufacturing-processing sector was the biggest recipient in terms of newly-registered capital with $13.44 billion, or 68.1% of the total; followed by real estate with $3.72 billion, or 18.8%.

Over $13.96 billion, up 50.04%, was additional capital for 1,539 existing projects.

Capital from contributions for stake acquisitions reached $4.54 billion with 3,502 deals, down 48.1% year-on-year in value. Notably, real estate activities accounted for $1.22 billion, or 26.8% of the total and the biggest portion.

Samsung factory in Thai Nguyen province, northern Vietnam. Photo courtesy of the government news portal.

Samsung factory in Thai Nguyen province, northern Vietnam. Photo courtesy of the government news portal.

In 2024, Singapore and South Korea were the biggest sources of registered FDI in Vietnam with $10.21 billion and $7.06 billion, respectively. Other major investors were mainland China, Hong Kong, and Japan.

The biggest recipients in Vietnam were Bac Ninh province with $5.12 billion, Hai Phong city with $4.94 billion, and Ho Chi Minh City with $3.04 billion.

The disbursed FDI reached $25.35 billion, up 9.4% year-on-year. This is the highest figure ever recorded in Vietnam. It included $20.62 billion in the manufacturing-processing sector, or 81.4% of the total, followed by real estate with $1.84 billion, or 7.2%.

As of end-2024, Vietnam’s registered FDI reached $502.8 billion with 42,002 valid projects. The biggest portion belonged to the manufacturing-processing sector with $308.76 billion.

Vietnam's major FDI projects in 2024 included Samsung Display Vietnam's (SDV) $1.8 billion project in the northern province of Bac Ninh, Amkor Technology investing an additional $1.07 billion also in Bac Ninh, and LG Display pouring $1 billion more in Hai Phong city.

Comments (0)
  • Read More
Vietnam's industrial production on upward trend

Vietnam's industrial production on upward trend

Vietnam's industrial production index continued to rise in the first eight months of the year, with all 34 cities and provinces recording an increase.

Economy - Sat, September 6, 2025 | 10:20 pm GMT+7

Vietnam's leading industrial park developer Becamex IDC raises $75 mln in latest bond issuance

Vietnam's leading industrial park developer Becamex IDC raises $75 mln in latest bond issuance

Becamex IDC (HoSE: BCM), a leading Vietnamese industrial park developer, has raised VND2 trillion ($75.4 million) in its latest bond issuance.

Finance - Sat, September 6, 2025 | 8:35 pm GMT+7

Vietnam's FDI capital disbursement hits five-year high amid global decline

Vietnam's FDI capital disbursement hits five-year high amid global decline

Disbursed foreign direct investment (FDI) capital in Vietnam hit $15.4 billion in Jan-August, up 8.8% year-on-year, despite declining global investment flows, the Foreign Investment Agency (FIA) reported.

Economy - Sat, September 6, 2025 | 4:30 pm GMT+7

EVNNPT leader inspects 220kV substation project progress in central Vietnam

EVNNPT leader inspects 220kV substation project progress in central Vietnam

Pham Le Phu, CEO of EVNNPT, a subsidiary of state utility Electricity Vietnam (EVN), on Thursday inspected the construction of the 220kV Chan May Substation and its associated transmission line in the central city of Hue.

Companies - Sat, September 6, 2025 | 3:42 pm GMT+7

Vietnam’s gas transmission firm PV Gas SE: a journey of creation and pride

Vietnam’s gas transmission firm PV Gas SE: a journey of creation and pride

For over two decades, Petrovietnam Gas South East Transmission Company (PV Gas SE) has stood as a lasting symbol within Petrovietnam Gas Joint Stock Corporation (PV Gas) - one of the earliest-established units closely tied to the pioneering steps of Vietnam’s gas industry.

Companies - Sat, September 6, 2025 | 3:33 pm GMT+7

Politician Anutin Charnvirakul wins vote to become new Thai PM

Politician Anutin Charnvirakul wins vote to become new Thai PM

Thailand’s Bhumjaithai Party leader Anutin Charnvirakul has secured enough votes to become the country's new Prime Minister.

Southeast Asia - Sat, September 6, 2025 | 10:55 am GMT+7

Vietnam’s sugar productivity maintains top regional spot

Vietnam’s sugar productivity maintains top regional spot

In the 2024-2025 crop, Vietnam maintained its position as the regional leader in sugar productivity, reaping 6.69 tons per hectare, outpacing other major producers such as Thailand, Indonesia, and the Philippines.

Companies - Sat, September 6, 2025 | 10:53 am GMT+7

Gaming drives Vietnam tech unicorn VNG’s H1 revenue

Gaming drives Vietnam tech unicorn VNG’s H1 revenue

Vietnamese tech unicorn VNG Corp (UPCoM: VNZ) reported net revenue of over VND4.8 trillion ($181.82 million) in H1, up 11% year-on-year, with gaming remaining its major contributor at VND3.59 trillion ($135.98 million).

Companies - Sat, September 6, 2025 | 10:39 am GMT+7

Hanoi gives green light to fifth metro line Van Cao-Hoa Lac

Hanoi gives green light to fifth metro line Van Cao-Hoa Lac

Vietnam's capital city of Hanoi has approved a plan to build the Metro Line No. 5, connecting Van Cao with Hoa Lac.

Infrastructure - Sat, September 6, 2025 | 9:02 am GMT+7

VAFIE helps Hai Phong-based firms get updates on tax policies

VAFIE helps Hai Phong-based firms get updates on tax policies

The Vietnam’s Association of Foreign Invested Enterprises (VAFIE) and Hai Phong's Tax Department co-organized a seminar titled “Updates on Tax Policies and International Financial Reporting Standards (IFRS)” on Friday in the northern port city.

Companies - Sat, September 6, 2025 | 8:56 am GMT+7

Vietnam coffee exports hit record high

Vietnam coffee exports hit record high

Vietnam’s coffee industry is experiencing a breakthrough year, with exports setting new records in both volume and value.

Economy - Sat, September 6, 2025 | 8:10 am GMT+7

H&M eyes expansion in Vietnam’s wealthiest city

H&M eyes expansion in Vietnam’s wealthiest city

Fashion retail giant H&M is looking into procedures for leasing locations and opening new stores at the heart of Ho Chi Minh City, as it aims for expansion in Vietnam.

Industries - Fri, September 5, 2025 | 9:41 pm GMT+7

Vietnam Politburo’s new resolution targets national energy security through 2030

Vietnam Politburo’s new resolution targets national energy security through 2030

Party chief To Lam, on behalf of the Politburo, has signed Resolution 70, a strategic framework to ensure national energy security through 2030, with a vision to 2045.

Economy - Fri, September 5, 2025 | 4:23 pm GMT+7

Petrovietnam subsidiary, Malaysia’s Hibiscus Petroleum sign Heads of Agreement for Block 46/13

Petrovietnam subsidiary, Malaysia’s Hibiscus Petroleum sign Heads of Agreement for Block 46/13

The Petrovietnam Exploration Production Corporation (PVEP), a subsidiary of state-owned giant Petrovietnam, and Hibiscus Oil and Gas Malaysia Limited recently signed a Heads of Agreement for Block 46/13 Production Tie-in to PM3 CAA PSC (HOA PTI).

Energy - Fri, September 5, 2025 | 3:48 pm GMT+7

Vietnam's EV maker VinFast posts 92% revenue growth in Q2

Vietnam's EV maker VinFast posts 92% revenue growth in Q2

VinFast, a Vietnamese electric vehicle manufacturer (Nasdaq: VFS), reported total revenue of over VND16,609 billion ($663 million) for Q2/2025, an increase of 91.6% year-on-year and 1.9% higher than Q1.

Companies - Fri, September 5, 2025 | 3:38 pm GMT+7

Korean pharma, biotech firms eye burgeoning Vietnamese market

Korean pharma, biotech firms eye burgeoning Vietnamese market

Pharmaceutical and biotechnology companies from South Korea are turning their attention to Southeast Asia, with Vietnam emerging as one of the most promising “pharmerging markets” in the region.

Companies - Fri, September 5, 2025 | 2:38 pm GMT+7