News about FDI

Dong Nai City's GRDP rose 10.01% in the first nine months of 2026, with Q3 up 10.21%, putting the city on track for its 11% full-year target. In Q3, industry and construction grew 12.49% and accounted for nearly 68% of overall growth. Budget revenue reached VND 76,722.26 billion by end-September, over 76% of the estimate and up nearly 20%, while eight-month exports topped $24 billion, up over 6%, with foreign-invested firms making up nearly 74%. The city welcomed 4.456 million visitors in nine months, about 77% of the annual plan.

Singapore became the largest investor in Vietnam in the first nine months of 2026, with registered capital of nearly US$12.85 billion, more than US$3.1 billion ahead of South Korea. Total registered FDI exceeded US$50 billion, up 76.4% year on year, while disbursed capital hit a record US$21.07 billion. Singapore's inflows rose nearly 86%, adding about US$6 billion, including over US$9.26 billion in new projects, over US$2.32 billion in additional capital for existing projects, and over US$1.26 billion in capital contributions and share purchases. Cumulatively, Singapore has registered over US$101.5 billion, narrowing the gap with leader South Korea, which is about US$2.7 billion ahead.

As of 30 September, registered FDI into Vietnam reached US$50.36 billion, up 76.4% year on year, while disbursed capital exceeded US$21 billion, up 12.1% and the highest in five years. Samsung Vietnam's Cha Ji Ho said cooperation with local firms will expand from Bắc Ninh and Ho Chi Minh City to Phú Thọ, Hải Phòng and Thái Nguyên, becoming broader, deeper and more systematic. SGS Vietnam's Jackson Woo stressed that domestic suppliers must prove quality, international standards and production stability to join global supply chains, as market size alone cannot substitute for these requirements. Bùi Thu Thủy of the Foreign Investment Agency said FDI should be used to lift productivity, technology and competitiveness rather than focusing only on capital volume.

Hyundai Motor Group said it plans to invest $15.5 billion in India from 2026 through 2032, treating the country as core to its emerging-market growth. After meeting Indian Prime Minister Narendra Modi, executive chair Euisun Chung said the investment reaffirms the company's commitment to India for the next 30 years and beyond. The funds will go to manufacturing expansion, R&D infrastructure, local parts suppliers and future technology, through a dedicated investment entity set up in India. Hyundai is India's third-largest carmaker, selling 247,980 passenger cars between April and August this year, behind Maruti Suzuki and Mahindra & Mahindra, and has a total production capacity of 1.4 million vehicles in the country.

UOB raised its 2026 GDP growth forecast for Vietnam to 9.2% from 8.5%, after third-quarter GDP grew 9.95% year on year, the fastest since Q3 2022. Industry and construction rose 12.5% and services 9.54%, while gross capital formation climbed 17.88% in the first nine months. The trade balance swung to a $1.27 billion surplus in September, ending nine straight months of deficits, as exports jumped 39% from a year earlier. Registered FDI in the first nine months rose more than 76% to $50.36 billion, and disbursed FDI grew 12% to $21.07 billion. UOB also lifted its 2027 growth forecast to 8.8% and expects the State Bank of Vietnam to hold its refinancing rate at 4.5% through 2027.