In Vietnam, more than 11 billion USD in foreign investment (FDI) was registered during the first five months of 2024, up 2% year on year, reported the Foreign Investment Agency (FIA).
According to FIA, Singapore tops foreign investors in Vietnam during the period, with nearly 3.25 billion USD registered. This accounts for 29.3% of the total and increasing 28.2% year on year. It is followed by Hong Kong (China), Japan, and China.
However, it is China who takes the lead in the number of new investment projects that make up 28.3% of the total.
Between January and May, Chinese investors have channeled 1.126 billion USD into 347 new projects, 55 existing projects, and 172 capital contribution and share purchase transactions.
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