Vietnam Foreign Investment

Industrial parks are crucial for attracting domestic and foreign investment projects, particularly leading global corporations.

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Work on the project will begin this month and the plant will be fully operational in October 2024.

The total FDI disbursement in Vietnam this year is projected to hit $21-22 billion, up 6.4-11.5% year on year.

Vietnam continues to show its attractiveness to foreign investors, especially with its portfolio of high-quality projects.

The country boasts 335 industrial parks with a combined area of 100,000 hectares, which will be expanded to meet the growing demand of domestic and foreign investors.

The report added that out of 65 countries and territories investing in Vietnam in the first three months of 2022, Singapore took the lead with $2.29 billion, or 25.7% of the total.