Vietnam achieves record FDI disbursement in 2024

  • Production at the Korean-invested Bunjim Electronics Vietnam Co. Ltd. in the northern province of Quang Ninh. VNA Photo
    Production at the Korean-invested Bunjim Electronics Vietnam Co. Ltd. in the northern province of Quang Ninh. VNA Photo
  • New facilities at the Korean-invested Bunjim Electronics Vietnam Co. Ltd. in the northern province of Quang Ninh. VNA Photo
    New facilities at the Korean-invested Bunjim Electronics Vietnam Co. Ltd. in the northern province of Quang Ninh. VNA Photo
  • Production at the Japanese-invested Nitori Co. Ltd in the southern province of Ba Ria-Vung Tau. VNA Photo
    Production at the Japanese-invested Nitori Co. Ltd in the southern province of Ba Ria-Vung Tau. VNA Photo
  • Production at the 100% foreign-invested Mei Sheng Textiles Vietnam Co. Ltd in the southern province of Ba Ria-Vung Tau. VNA Photo
    Production at the 100% foreign-invested Mei Sheng Textiles Vietnam Co. Ltd in the southern province of Ba Ria-Vung Tau. VNA Photo
Vietnam’s foreign direct investment (FDI) disbursement reached an all-time high of approximately 25.35 billion USD last year, an annual increase of 9.4%, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA). Despite a slight 3% year-on-year decrease in total FDI commitments, which amounted to 38.23 billion USD, the country recorded positive indicators in several areas. A total of 3,375 new projects worth 19.7 billion USD were approved, up 1.8% and down 7.6% year-on-year, respectively. FDI inflows targeted 18 of Vietnam’s 21 economic sectors, with the manufacturing and processing industry taking the lead with 25.58 billion USD, followed by real estate with 6.31 billion USD. By the end of 2024, Vietnam had attracted a cumulative 502.8 billion USD in FDI across 42,002 valid projects. VNA Photo

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