Vietnam recorded a significant influx of foreign direct investment (FDI) during the first ten months of 2025, with disbursement reaching approximately $21.3 billion. This marks the highest 10-month level in the past five years and reflects an 8.8% year-on-year increase, according to the National Statistics Office (NSO).
The manufacturing and processing sector remained the primary driver of FDI, accounting for $17.68 billion or 83% of the total disbursement. Real estate followed closely with $1.5 billion (7%), while electricity, gas, steam, and air conditioner production and distribution contributed $671.9 million (3.2%).
Electric motorbike manufacturing in a factory of Honda Vietnam in Vinh Phuc Province, March 2025. Photo by Nguyen Linh
In terms of total registered FDI—encompassing newly registered capital, additional capital, and capital contributions or share purchases by foreign investors—the figure reached $31.52 billion as of October 31, representing a 15.6% year-on-year growth.
Out of this total, 3,321 new projects were licensed, with $14.07 billion in newly registered capital. While the number of projects increased by 21.1%, the value of new capital saw a slight decline of 7.6% compared to the previous year. The manufacturing and processing industry was the largest contributor, with $7.97 billion (56.7%) in new capital. Real estate accounted for $2.75 billion (19.5%), and other sectors received $3.35 billion (23.8%).
Meanwhile, existing projects saw a surge in additional investment, with 1,206 projects registering $12.11 billion in additional capital—a robust 45% increase over the same period last year.
Combining new and additional registered capital, the manufacturing and processing sector totaled $16.37 billion (62.5%). Real estate attracted $5.32 billion (20.3%), while the remaining sectors received $4.49 billion (17.2%).
Capital contributions and share purchases by foreign investors also showed strong growth, reaching $5.34 billion, up 45.1% year-on-year. These transactions involved 2,918 deals, with $1.86 billion (34.9%) allocated to manufacturing and processing, $1.11 billion (20.8%) to professional, scientific, and technological activities, and $2.37 billion (44.3%) directed toward other sectors.
Among the 87 countries and territories that granted new investment licenses in Vietnam during the period, Singapore emerged as the top investor, with $3.76 billion (26.7%). China followed with $3.21 billion (22.8%), Hong Kong (China) with $1.38 billion (9.8%), and Japan with $1.17 billion (8.3%).
Regionally, Bac Ninh province led in attracting new FDI with over $1.7 billion, followed by Ho Chi Minh City with more than $1.6 billion and Hai Phong city with nearly $1.4 billion, according to the NSO.