Aug 18, 2022


(Source: Vietnam Industrial Park Forum 2022) 

In the first three months of 2022. Vietnam's GDP achieved a growth rate of 5.03%. Registered capital of foreign direct investment (FDI) in Vietnam market reached 3.2 billion USD. Disbursed FDI amounted to 4.42 billion USD, this is the highest increase in the past half decade and increased with 7.8% over the same period last year. After the manufacturing and processing industry, real estate is now the second largest recipient of FDI in a row in the past 10 years. By sector, foreign direct investment capital in the processing and manufacturing industry reached nearly 5 billion USD, accounting for 68.7% of the total newly registered capital and increasing; real estate business reached 1.71 billion USD, accounting for 23.5%; the remaining industries reached 569.6 million USD, accounting for 7.8%. In the first quarter of 2022, the number of new projects increased by 37.6%; the number of projects adjusted for capital increase increased by 41.6%; the number of projects contributing capital and purchasing shares equivalent to the first quarter of 2021. This is a sign that investors still consider Vietnam as a safe investment destination, showing confidence in the business investment environment, continuing to expand investment in Vietnam.

Although the opportunity to welcome FDI is huge, the competition to attract FDI is increasingly fierce, especially in the context of limited capital supply and the heavy impact of the Covid-19 pandemic, countries are taking advantage of attracting external resources to maintain and recover the economy. Therefore, competition to attract FDI among developing countries with similarities in market, development level, technology and labor is increasingly fierce. Companies already in Vietnam still have concerns about finding highly skilled workers, with a range of supply chain requirements that match the supply chain they already use in China. Infrastructure will face many things to catch up with the growth momentum of manufacturing enterprises shifting to Vietnam. Many infrastructure projects are facing delays due to the site clearance compensation process and capital inflows.

In the coming time, Vietnam needs to focus on finding measures that can develop service industries in depth; create more good incentives for increasing productivity in the service sector and the production and business sector and many other sectors of the economy. To attract more foreign investment, stay ahead of the benefits of companies moving here. Vietnam also needs to improve its infrastructure network and the process of conducting cross-border transactions, training high-quality human resources. supplement policies to develop supporting industries, develop regulations and standards to select FDI investors with advanced technology and resistance to pressure towards sustainable development                

Some outstanding FDI projects in 2022     



Total registered capital (USD)



3/2 Pharmaceutical


3.1 billion

Dong Nam A IP

Long An

LG Display Hai Phong


2.1 billion

Trang Due IP

Hai Phong

Polytex Far Eastern Vietnam Co., Ltd. Factory Project


1.37 billion

Bau Bang IP

Binh Duong

O Mon II Thermal Power Plant


1.31 billion

O Mon District

Can Tho

LEGO Group


1.0 billion


Bimh Duong

Kraft Vina Paper Factory


611.4 million

Binh Xuyen IP

Vinh Phuc