The Cat Linh - Ha Dong railway line in Hanoi. (Illustraive image - Source: baodautu.vn)
Hanoi (VNA) - Surpassing Japan, China now ranks third among the countries and territories with significant investments in Vietnam since the beginning of the year.
Data from the Ministry of Planning and Investment’s Foreign Investment Agency (FIA) reveals that between January and July, Chinese investors registered over 2.33 billion USD in Vietnam, hence the third position. Moreover, with the number of new projects put into consideration, China holds the top rank with 325.
Despite the challenges posed by COVID-19, China continues to register considerable investments in Vietnam, consistently securing the third or fourth place in the foreign investors' lineup. The country’s registered capital in Vietnam was 2.46 billion USD in 2020, 2.92 billion USD in 2021, and 2.5 billion USD in 2022.
Recent reports indicate that Chinese investors' interest in the Vietnamese market is indeed substantial. Two leading Chinese manufacturers of batteries and energy storage systems have planned to invest over 1 billion USD in building new factories and expanding their operations in Vietnam. Xiamen Hithium Energy Storage Technology plans to invest around 900 million USD in a factory in the northern province of Hai Duong, while Growatt New Energy is expanding its factory in the northern port city of Hai Phong with an estimated 300 million USD.
Between January and July, Chinese investors registered over 2.33 billion USD in Vietnam, hence the third position. (Photo: VNA)
A few days ago, authorities of the central province of Nghe An granted an investment registration certificate to Greenwich Management Limited (part of the Chinese group Shandong Innovation Metal Technology) to build its Innovation Precision factory in the Vietnam-Singapore Industrial Park (VSIP) Nghe An.
Capitalised at 165 million USD, the plant is specialised in producing aluminum alloys for consumer electronics, green energy, and more, with operation set to begin in October 2024. According to Cui Guo Chang, special assistant to the chairperson of the group, this is Shandong's first investment project outside of China./.
The Vietnamese Ministry of Industry and Trade has signed a Memorandum of Understanding (MoU) on cooperation with the State Administration for Market Regulation (SAMR) of China within the framework of Prime Minister Pham Minh Chinh's official visit to the neighbouring country.
Prime Minister Pham Minh Chinh called on Chinese investors to expand investment in Vietnam, while addressing the Vietnam - China Trade and Investment Cooperation Forum in Beijing.
Vietnamese Minister of Industry and Trade Nguyen Hong Dien held talks with Chinese Minister of Commerce Wang Wentao on June 28, as part of Prime Minister Pham Minh Chinh’s official visit to China and attendance at the 14th Annual Meeting of the New Champions of the World Economic Forum (WEF) from June 25-28.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
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.
The Cat Linh - Ha Dong railway line in Hanoi. (Illustraive image - Source: baodautu.vn) 
Between January and July, Chinese investors registered over 2.33 billion USD in Vietnam, hence the third position. (Photo: VNA) 
