Vietnam attracts over 28.5 billion USD of FDI in 2020
Foreign investors had poured 28.53 billion USD into the Vietnamese market as of December 20, equivalent to 75 percent of the amount in the same period last year, according to the Ministry of Planning and Investment.
Hanoi (VNA) – Foreign investors had poured 28.53billion USD into the Vietnamese market as of December 20, equivalent to 75percent of the amount in the same period last year, according to the Ministryof Planning and Investment.
The ministry reported that 19.98 billion USD of the capitalhad been disbursed, down only 2 percent compared to the same time last yeardespite impact of COVID-19 pandemic.
Many FDI firms have recovered, maintained and expanded theirproduction, the ministry said.
Notably, 6.4 billion USD of FDI was injected into underwayprojects, up 10.6 percent compared to the same period of 2019.
Meanwhile, 2,523 new projects were licenced with combinedcapital totaling 14.56 billion USD, a year-on-year decrease of 35 percent and12.5 percent, respectively.
In the year, foreign investors focused on 19 sectors, led byprocessing-manufacturing with 13.6 billion USD, accounting for 47.7 percent ofthe total.
Electricity production and distribution drew 5.1 billionUSD, while real estate attracted nearly 4.2 billion USD and retail and wholesale1.6 billion USD.
In 2020, Vietnam saw the investment coming in from 112countries and territories./.
Foreign direct investment (FDI) has contributed significantly to the economic development of Nghe An province but more actions are needed to improve its efficiency and increase FDI enterprises' contribution to the State budget.
The Republic of Korea (RoK) was the top investor in education in Vietnam in the first 11 months of this year with 8.2 million USD, or 57 percent of the total FDI inflows in the sector.
The disbursement of State budget capital reached an estimated 91.1 percent of the plan set for the year and rose 34.5 percent year-on-year, the highest rate in the 2011-2020.
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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.
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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.
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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.
Illustrative image (Source: VNA) 
