Unveiling the Top FDI Magnet in the First 9 Months of 2025: Outshining Ho Chi Minh City, Hanoi, and Hai Phong

As of September 30, 2025, Vietnam’s total registered foreign direct investment (FDI) reached an impressive $28.54 billion, according to the Foreign Investment Agency (Ministry of Finance). This figure includes newly registered capital, adjusted capital, and the value of foreign investors’ capital contributions and share purchases, marking a 15.2% increase compared to the same period last year.

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In the first nine months of 2025, Vietnam witnessed a significant influx of foreign direct investment (FDI). Newly registered capital reached 2,926 projects, totaling $12.39 billion, marking a 17.4% increase in project count and an 8.6% decrease in registered capital compared to the same period last year. The manufacturing and processing sector led with $7.27 billion, accounting for 58.7% of new registrations. Real estate followed with $2.57 billion (20.7%), while other sectors secured $2.55 billion (20.6%).

Among the 82 countries and territories investing in Vietnam, Singapore topped the list with $3.43 billion (27.7%), followed by China ($2.88 billion, 23.3%), Hong Kong ($1.06 billion, 8.5%), Sweden ($1 billion, 8.1%), Japan ($918.4 million, 7.4%), Taiwan ($778.9 million, 6.3%), and South Korea ($565.2 million, 4.6%).

Adjusted capital registrations saw 1,092 existing projects adding $11.32 billion, a 48.0% increase year-over-year.

Combining new and adjusted capital, manufacturing and processing attracted $15 billion (63.3%), real estate $5.18 billion (21.8%), and other sectors $3.52 billion (14.9%).

Bac Ninh province led in FDI, securing over $4.5 billion across 272 projects in the first nine months of 2025.

Top 5 provinces with highest new and adjusted FDI in the first nine months of 2025. Source: Foreign Investment Agency

Foreign investors contributed $4.84 billion through 2,527 capital injection and share acquisition deals, up 35.0% year-over-year. This included 995 deals increasing charter capital ($1.77 billion) and 1,532 share purchases without capital increases ($3.07 billion).

In capital contributions, manufacturing and processing received $1.79 billion (37.0%), professional and tech services $1.06 billion (21.9%), and other sectors $1.99 billion (41.1%).

Disbursed FDI in Vietnam reached $18.80 billion in the first nine months of 2025, an 8.5% increase and the highest in five years. Manufacturing and processing accounted for $15.56 billion (82.8%), real estate $1.37 billion (7.3%), and utilities $598.7 million (3.2%).

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