On 16 April 2025, the Vietnam Association of Foreign Investment Enterprises (VAFIE) held a ceremony to announce the Annual Report on Foreign Investment (FDI) in Vietnam 2024 with the theme “Attracting FDI in Semiconductor Industry, Future Technologies, Clean Energy, Science and Technology, and Skilled Workforce Training.”
Attending on behalf of EuroCham Vietnam was Ms. Van Nguyen – Head of EuroCham Hanoi Office cum External Relations Manager. The ceremony also welcomed leaders from VAFIE, along with representatives from Japan External Trade Organisation (JETRO), the Korean Chamber of Commerce (KOCHAM) and the business community.
Vietnam: a bright spot for FDI attraction in the region
At the announcement ceremony, Professor Dr. Nguyen Mai, Chairman of the VAFIE and editor-in-chief of the report highlighted that Vietnam is an exception in FDI attraction in 2023-2024, both globally and regionally. In particular, he highlighted key FDI results:
- Vietnam’s realised FDI capital reached 22 billion USD in 2023 and 25 billion USD in 2024
- While FDI inflows into the Asian region witnessed a sharp decline (-6% in China, -47% in India, and –16% in ASEAN), Vietnam was among the only 3 countries with increased foreign investment (among Thailand and Indonesia). Vietnam is also among the 20 countries attracting the most FDI in the world.
- Operating projects’ investment capital has increased by more than 50%, a sign of improved project efficiency. This also indicates that investors trust and appreciate Vietnam’s investment environment and positive business prospects in the coming years.
European enterprises continue to view Vietnam as an attractive investment destination
Professor Dr. Nguyen Mai also shared that European businesses are optimistic of Vietnam’s investment environment, as reflected in a positive Business Confidence Index (BCI) of 61.8 (a 33% YoY growth) for Q4 2024. Despite the challenges from volatile global economic context, most European business leaders in Vietnam (75%) believe that Vietnam will continue to be the priority choice of foreign investors.
Professor Dr. Nguyen Mai affirmed that this positive outlook reflects both confidence in Vietnam’s market potential and the government’s ongoing restructuring efforts to create a more transparent and efficient business environment.
EuroCham Vietnam is committed to accompany Vietnam’s dual transformation journey, providing practical business insights and policy consultation to help unlock sustainable growth.
