Summary:

East Asia continues to be the leading region driving foreign direct investment (FDI) in Vietnam, with five major East Asian countries—Korea, Japan, Taiwan, Hong Kong, and China—collectively contributing over 55% of the total FDI. Remarkably, since 2020, Singapore has surpassed both Korea and Japan to emerge as Vietnam’s largest FDI source.

Highlights:

1. Korea dominated FDI inflows to Vietnam prior to 2017, with total investments exceeding US$85.8 billion, largely fueled by major corporations such as Samsung and LG.

2. China has demonstrated a steady increase in FDI inflows over the years, particularly following the US-China trade war, reflecting growing economic ties with Vietnam.

3. The United States has maintained relatively modest FDI levels in Vietnam, lagging behind regional peers such as Thailand and Malaysia.

Article By BANH, Thi Hang

Graphic By YAN, Bowen