With a series of cooperation document signing and investment licencing for foreign investors right from the beginning of the year, Vietnam expects impressive results in attracting foreign direct investment (FDI) this year.
Production at the Powersports Manufacturing Inc. in Trang Bang IP, Dong Nai (Photo: VNA)
Hanoi (VNA) – With a series of cooperation document signingand investment licencing for foreign investors right from the beginning of theyear, Vietnam expects impressive results in attracting foreign directinvestment (FDI) this year.
According to the Foreign Investment Agency under theMinistry of Planning and Investment, in the first two months of this year, Vietnamdrew more than 4.29 billion USD, up 38.6% year on year.
In the period, 405 new FDI projects were licenced, a rise of55.2% over the same period last year, with a combined capital of nearly 3.6billion USD, doubling the figure recorded in the same period last year.
A representative from the agency said that a surge in thenumber of projects with some large-scale ones is one of the major reasons behindthe rise in FDI.
Minister of Planning and Investment Nguyen Chi Dung saidthat maintaining a stable investment environment and choosing potential investorsis key to effectively attract foreign investment.
Nakajima Takeo, Chief Representative of Japan External TradeOrganization (JETRO) in Vietnam, said that Vietnam is still one of theattractive and promising markets for Japanese firms.
He cited a JETRO survey showing that in the next 1-2 years,the rate of Japanese firms intending to expand business in Vietnam is 56.7%.
However, Minister Dung held that this year, Vietnam may facemany challenges in FDI attraction, including those from the complicated andunpredicted world situation.
The application of the global minimum tax regulation ispredicted to eliminate the role of traditional forms of incentives such asthose in tax and land rent.
Prof. Dr. Nguyen Mai, Chairman of the Association of ForeignInvested Enterprises (VAFIE), held that Vietnam should design policies to drawFDI in prioritised areas such as high technology, innovation and energy.
Minister Dung said that in order to increase FDI attraction,Vietnam should continue adjusting policies to suit the global investment trend,speeding up administrative reform, and strengthening human resourcestraining./.
Total newly-registered foreign investment capital, adjusted and contributed capital to buy shares and buy contributed capital of foreign investors totalled 4.29 billion USD as of February 20, up by 38.6% compared to the same period in 2023. The disbursement of FDI capital is projected at some 2.8 billion USD, reflecting a 9.8% increase against the same period last year.
The foreign direct investment (FDI) sector maintained its role as an export pillar of Vietnam’s economy with revenue of 43.2 billion USD in the first two months of this year, up 14.7%, and accounting for 72.8% of the country’s total export value.
The export of products of the foreign direct investment (FDI) and traditional products of domestic enterprises are expected to rebound this year, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan has said in a recent interview with the Vietnam News Agency (VNA).
Drawing 78 new foreign-invested projects worth nearly 200 million USD in the first two months of this year, the northern province of Bac Ninh is on the right track to realise the goal of 1.1 billion USD in foreign direct investment (FDI) in 2024, according to the provincial Statistics Office.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Production at the Powersports Manufacturing Inc. in Trang Bang IP, Dong Nai (Photo: VNA) 
