link bet88FDI Attraction Strategy

Despite the ongoing global economic headwinds, Vietnam stood out as a bright spot on the FDI map during 2024. As the year came to a close, the country had more than 42,000 active FDI projects with total registered capital of 2.8 billion. Disbursed capital had hit an estimated 2.5 billion, accounting for 64.1 per cent of total valid commitments and demonstrating strong investor confidence and realized potential.

According to experts, such figures reflect more than just capital inflows; they underscore Vietnam’s untapped potential and competitive edge. With ample space for further investment across strategic sectors, Vietnam remains well-positioned to channel FDI into driving its long-term development goals. To achieve its ambitious goal of over 8 per cent annual economic growth this year, it must go beyond being just a magnet for capital and must rise as a true value creator link bet88 the global supply chain.

FDI picture link bet88 2024

According to data from the Foreign Investment Agency at the Ministry of Finance, total FDI link bet88 2024, including newly-registered capital, additional capital, and capital contributions or share purchases, stood at .2 billion. Though this marked a slight 3 per cent decline year-on-year, a major highlight was the record disbursed capital, of approximately .3 billion, up 9.4 per cent against 2023.

Breaking down the figures, newly-registered capital made up over half of the total, at .7 billion, representing a 7.6 per cent decline from the previous year. Conversely, additional capital saw an impressive surge of 50.4 per cent, reaching .9 billion. The number of newly-licensed projects also edged up, to 3,375. Capital contributions or share purchases, meanwhile, slowed noticeably link bet88 both transaction volume and value, totaling just over .5 billion, for a sharp 48.1 per cent fall.

By sector, manufacturing and processing remained the top magnet for FDI, attracting .5 billion, or nearly 67 per cent of all registered capital. Real estate was second, with .3 billion, followed by electricity production and distribution, with 1.42 billion, and wholesale and retail, with .4 billion. The strong concentration of capital link bet88 manufacturing and processing underscores investor confidence link bet88 Vietnam’s industrial production capabilities and expectations for a mid to long-term rebound link bet88 domestic consumption.

link bet88 terms of FDI by locality, northern Bac Ninh province made a surprise leap to the top link bet88 2024, catapulting from seventh place link bet88 2023 after attracting over .1 billion, or 13.4 per cent of the total. The northern port city of Hai Phong held second place, with .9 billion, while Ho Chi Minh City, traditionally a frontrunner, slipped to third. This shift reflects a growing investor preference for localities with strong industrial infrastructure, flexible policies, and, importantly, the ability to accommodate high-tech capital inflows.

Singapore remained Vietnam’s largest investor link bet88 2024, with .2 billion, accounting for 26.7 per cent of the total. It was followed by South Korea, with billion, and China with .7 billion. These strategic partners already have deep-rooted production and supply networks link bet88 Vietnam.

The merger and acquisition (M&A) market also experienced notable fluctuations. Despite a decline link bet88 total deal value, from .4 billion link bet88 2023 to .2 billion link bet88 2024, due to geopolitical uncertainty and exchange rate volatility, the number of transactions rose from 188 to 198. The trend towards smaller-scale deals suggests that investors are becoming more cautious, while still maintaining confidence link bet88 Vietnam’s long-term potential.

This optimism is echoed link bet88 several credible surveys. According to the Japan External Trade Organization (JETRO), the proportion of Japanese businesses link bet88 Vietnam posting a profit link bet88 2024 exceeded 60 per cent for the first time link bet88 five years. More than half of the Japanese companies surveyed by JETRO also expressed optimism that their business performance will continue to improve link bet88 2025.

Meanwhile, the European Chamber of Commerce link bet88 Vietnam (EuroCham) reported that the Business Confidence Index (BCI) among European businesses link bet88 Vietnam reached 61.8 points link bet88 the fourth quarter of 2024, a relatively high level compared to other regional markets amid the global economic uncertainty.

Forecasts for 2025

As a country with a highly open economy, Vietnam is inevitably influenced by shifts link bet88 the global landscape, particularly when it comes to FDI. While the global economy is expected to continue its recovery link bet88 2025, uncertainties remain on the horizon.

Key global players such as China, the US, the EU, Japan, and South Korea are now steering their policies towards green growth, accelerating efforts to cut carbon emissions and pouring capital into strategic technologies. For instance, Australia has pledged A billion (.6 billion) to develop its renewable hydrogen and critical minerals sector, while South Korea is allocating more than KRW 8.8 trillion (.38 billion) to strengthen its semiconductor industry and global competitiveness, as noted link bet88 the Annual Report 2024 on FDI link bet88 Vietnam, published recently by the Vietnam Association of Foreign Invested Enterprises (VAFIE).

Notably, Southeast Asia is emerging as a hotspot for new FDI. During the 2020-2023 period, the region attracted more than billion annually into renewable energy, accounting for one-quarter of new capital. China, with an average annual FDI growth rate of 16.5 per cent into ASEAN, is also rising as one of the region’s top 3 investors, alongside the US and Japan.

Professor Nguyen Mai, Chairman of VAFIE, noted that global FDI flows are showing signs of recovery, especially link bet88 manufacturing. Looking ahead to FDI attraction link bet88 2025, he believes that the global political, economic, trade, and investment landscapes remain complex and uncertain, putting significant pressure on economic growth and the sustainability of investment flows into Vietnam.

Nonetheless, Mr. Mai affirmed that Vietnam continues to maintain its position as an attractive investment destination thanks to its stable political environment, positive foundation for economic growth, and continuous improvements link bet88 its institutions and business climate. Foreign investors are particularly interested link bet88 semiconductors, future technologies, clean energy, and science and technology.

To improve the quality of FDI and realize the goal of the digital economy accounting for about 30 per cent of GDP by 2030, Mr. Mai emphasized that Vietnam should increase public investment link bet88 research and development (R&D), promote innovation, and facilitate the establishment of R&D centers and technology transfer by both domestic and foreign enterprises through effective tax incentives and financial support policies.

link bet88 addition, Vietnam should proactively attract domestic and international resources for emerging industries such as AI, information and communication technology (ICT), and high value-added sectors. At the same time, the country should heavily invest link bet88 training a generation of “digital citizens” and reform its education system to equip the future workforce with knowledge, skills, and adaptability suited for a circular and digital economy.

Mr. Mai also suggested that Vietnam should shift its growth model towards one based on advanced technology and high-quality human resources, thereby enhancing national competitiveness. link bet88 parallel, Vietnam must continue to simplify investment licensing procedures, accelerate project implementation, and strengthen support for businesses and investors during project execution, especially link bet88 cases involving legal or operational challenges.

Game plan

Many experts agree that link bet88 order for Vietnam to unlock new opportunities link bet88 today’s rapidly-evolving landscape, the country needs a bold and integrated FDI strategy, one anchored by three foundational pillars: transparent governance, world-class infrastructure, and a future-ready workforce.

First and foremost, Vietnam must shift its growth model towards digital transformation. This means embracing cutting-edge technologies and concepts like AI, blockchain, virtual reality, and the circular economy, while continuing to strengthen key foundational industries such as metallurgy, chemicals, and precision engineering. At the same time, Vietnam should nurture emerging sectors like software, high-tech innovation, and smart agriculture to keep pace with global trends.

Secondly, people must be placed at the center of every development agenda. Vietnam’s 2021-2030 development strategy emphasizes unlocking human potential, not only through progressive policies that inspire innovation and dedication, but also through investments link bet88 vocational training, language proficiency, and soft skills development, to ensure the workforce is link bet88 line with international standards.

Thirdly, Vietnam should adopt tailored policies to draw FDI into strategic and future-focused sectors, such as semiconductors, renewable energy, AI, smart logistics, and data centers. Investment incentives should be tied to technology transfer, higher localization rates, environmental protection, and the creation of meaningful, high-quality jobs for Vietnamese citizens.

Equally important, Vietnam must reimagine its public governance model. A modern, transparent, and rule-based State creates the confidence investors need to commit to long-term ventures. Policies should prioritize long-term stability and minimize abrupt regulatory changes, boosting Vietnam’s credibility and competitiveness as an investment destination.

Looking ahead to 2025, Vietnam stands at a pivotal juncture. With the right strategy and reforms, it can position itself as the FDI capital of Southeast Asia, not just as a landing point for foreign capital, but as a launch pad for advanced technology, innovation, and green growth.

As global capital flows are being radically reshaped, a forward-thinking and sustainable FDI roadmap will be Vietnam’s ticket to moving higher up the global value chain, anchoring its role not only as a destination for investment, but as a driver of transformative progress link bet88 the region.