The Vietnamese Economy Soars: Surpassing ASEAN Peers by Leaps and Bounds

"Vietnam stands tall, surpassing many regional counterparts. With a dynamic economy and a vibrant culture, the country boasts a unique appeal that attracts global attention."

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Vietnam has been named in the Greenfield FDI Performance Index 2025, an annual report compiled by fDi Intelligence (a subsidiary of the Financial Times), ranking 17th globally.

This index measures each economy’s “absorption” of new investment projects (greenfield) relative to its GDP size. By eliminating the “scale effect,” the Greenfield FDI Performance Index compares only the market share of projects attracted by an economy to its own GDP share. In other words, a country with a smaller GDP but a larger number of projects will rank higher.

Within the region, Cambodia took the top spot. Vietnam, ranked 17th, outperformed Malaysia (26th) and the Philippines (40th). Singapore ranked 13th.

Earlier this year, the Foreign Investment Agency reported that in 2024, the realized capital of foreign investment (FDI) projects was estimated at approximately $25.35 billion, a 9.4% increase from the previous year, marking the highest disbursement ever.

As of December 31, 2024, the country had 42,002 valid foreign investment projects with a total registered capital of nearly $502.8 billion. The realized capital reached almost $322.5 billion, equivalent to 64.1% of the total registered investment capital.

The total newly registered, adjusted, contributed, and purchased capital in the form of shares and capital contributions from the beginning of the year until now stands at nearly $38.23 billion.

Moreover, according to statistics from the Statistics Bureau (Ministry of Finance), as of June 30, the realized FDI capital was estimated at $11.72 billion, an increase of 8.1%, and the highest figure for the first six months of the 2021-2025 period.

Specifically, in the first six months of 2025, the total registered, adjusted, and contributed capital and purchased shares by foreign investors exceeded $21.51 billion, an increase of 32.6% compared to the same period in 2024.

There were 1,988 new investment projects (up 21.7% from the same period), with a total newly registered capital of nearly $9.3 billion. 826 projects registered for capital adjustment (up 31.1% over the same period), with a total additional investment capital of nearly $8.95 billion (more than twice the same period). In addition, there were 1,708 transactions of capital contribution and share purchase by foreign investors (up 7.6% over the same period), with a total value of capital contribution of over $3.28 billion (up 73.6% from the same period).

Foreign investors have invested in 18 out of 21 sectors of the national economy. The manufacturing industry led with a total investment of nearly $12 billion, accounting for 55.6% of the total registered investment and an increase of 3.9% over the same period last year. The real estate business ranked second with a total investment of nearly $5.17 billion, accounting for 24% of the total registered investment, more than doubled compared to the same period. This is followed by professional activities, scientific research and technological services; water supply and waste treatment with a total registered capital of nearly $1.18 billion and $902.9 million, respectively.

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