HCMC – Foreign direct investment (FDI) approvals in Vietnam in the first quarter of the year soared by 34.7% over the same period last year to nearly US$11 billion, showed official data.
According to the General Statistics Office, FDI disbursement during the period totaled US$4.96 billion, up by 7.2% year-on-year.
Vietnam approved 850 new FDI projects in the first three months of the year, with total pledged capital exceeding US$4.3 billion. The manufacturing and processing sector remained the top destination for new capital, attracting US$2.6 billion, or 60.5% of newly registered investment.
The real estate sector came in second, drawing over US$1.1 billion in newly pledged capital, accounting for 26% of the total. Including both new pledges and additional investments in existing projects, FDI registered in real estate totaled US$2.2 billion, or 23.6% of total committed capital.
Among foreign investors, Singapore remained the largest source of newly pledged FDI with over US$1.3 billion, making up 30.5% of total new commitments. It was followed by China, Taiwan, Japan, and Hong Kong.
On the outbound front, Vietnamese investors received licenses for 30 new overseas projects during the period, with total outbound investment reaching US$233.6 million, 9.4 times higher than the same period in 2024. Five existing projects were approved for capital increases totaling US$5.4 million.
Collectively, Vietnam’s total outbound investment, including newly licensed and adjusted capital, amounted to nearly US$239 million, up 9.5 times year-on-year. Key sectors for outbound investment included electricity, gas, steam, and air conditioning supply; manufacturing and processing; and mining.
