As of the end of 2024, the total newly registered capital, adjusted capital, and capital contributions or share purchases by foreign investors reached nearly 38.23 billion USD, a 3% decrease compared to 2023. The capital generated by FDI projects was estimated at 25.35 billion USD, an increase of 9.4% compared to 2023. Cumulatively, by the end of 2024, the country had 42,002 valid projects with total registered capital of nearly 502.8 billion USD. The cumulated realized capital of foreign direct investment projects is estimated at nearly 322.5 billion USD, equivalent to 64.1% of the total effective registered capital.
FDI performance
Realized Capital
In 2024, disbursement of FDI projects were estimated at about 25.35 billion USD, an increase of 9.4% compared to 2023. This marks the highest disbursement ever, accounting for 16.5% of the total social investment capital.
Import and Export performance
Exports: Including crude oil, exports were estimated at nearly 290.9 billion USD, an increase of 12.3% compared to 2023, accounting for nearly 71.7% of total export turnover. Excluding crude oil, exports reached over 289.2 billion USD, an increase of 12.5%, accounting for over 71.3% of the country’s export turnover.
Imports: Imports by the FDI sector were estimated at nearly 240.7 billion USD, an increase of 15.1% compared to 2023, accounting for 63.2% of the country’s total import turnover.
Overall, in 2024, the FDI sector achieved a trade surplus of nearly 50.3 billion USD, including crude oil, and a surplus of over 48.6 billion USD, excluding crude oil. Meanwhile, the domestic business sector recorded a trade surplus of over 25.5 billion USD.
Investment Registration
In 2024, the total newly registered capital, adjusted capital, and capital contributions and share purchases of foreign investors reached nearly 38.23 billion USD, a 3% decrease compared to 2023.
Of which:
New Registrations: 3,375 new investment projects were registered (an increase of 1.8% compared to 2023), with total registered capital exceeding 19.7 billion USD (a decrease of 7.6% compared to 2023).
Capital Adjustments: 1,539 projects applied for capital adjustment (an increase of 11.2% compared to 2023), with additional capital totaling nearly 14 billion USD (an increase of 50.4% compared to 2023).
Capital Contributions and Share Purchases: There were 3,502 GVMCP transactions (a decrease of 2.4% compared to 2023), with a total value of nearly 4.54 billion USD (a decrease of 48.1% compared to 2023).
By Sector
Foreign investors invested in 18 out of 21 economic sectors in the national economic classification system. The processing and manufacturing industry led with total investment capital of nearly 25.58 billion USD, accounting for 66.9% of total registered capital, an increase of 1.1% compared to 2023. The real estate sector ranked second with total investment of 6.31 billion USD, accounting for 16.5% of total registered capital, an increase of 18.8% compared to 2023.
In terms of the number of projects, wholesale and retail led in new projects (34.7%) the number of capital contribution and share purchase (40.9%). The processing and manufacturing sector led in adjusted capital projects (63.8%).
By counterpart
In 2024, 114 countries and territories invested in Vietnam. Singapore ranked first with total investment capital of nearly 10.21 billion USD, accounting for over 26.7% of total investment, an increase of 31.4% compared to 2023. South Korea followed with nearly 7.06 billion USD, accounting for 18.5% of total investment, an increase of 37.5% compared to 2023. Other significant investors included China, Hong Kong, and Japan.
In terms of the number of projects, China led in new investment projects (28.3%), South Korea in adjusted capital (22.8%), and capital contributions and share purchases (25.2%).
By Location
Foreign investment was present in all 63 provinces and cities nationwide. Ho Chi Minh City led with nearly 59 billion USD (11.7% of total investment), followed by Binh Duong with 42.48 billion USD (8.45%), and Hanoi with nearly 42.34 billion USD (8.4%).
In 2024, the government implemented several outstanding policies to attract FDI, particularly in high-tech sectors such as the Vietnam Semiconductor Industry Development Strategy until 2030, Vision 2050 (Decision No. 1018/QD-TTg, dated September 21, 2024) and Decree No. 182/ND-CP, dated December 31, 2024, on the establishment, management, and use of the Investment Support Fund. As a result, many large projects in semiconductors, energy, electronic components, and high-value-added products were newly invested or expanded in 2024. Investor confidence was strengthened, enhancing the competitiveness of Vietnam’s investment environment, particularly in high-tech sectors.
Source: Foreign Investment Agency, Ministry of Planning and Investment