According to the Saigon Hi-Tech Park (SHTP) management board, Intel has relocated part of its production line from Costa Rica to SHTP as part of its global manufacturing restructuring strategy aimed at improving efficiency and competitiveness.
HCM City is seeing a sharp rise in FDI in high-tech sectors, particularly data infrastructure, which is emerging as a core pillar of the digital economy.
HCM City could meet its full-year foreign direct investment target by mid-2026, as second-quarter inflows are projected to reach a record US$8.9 billion.
Foreign Direct Investments into the ASEAN economies of Indonesia, Malaysia, Philippines, Thailand, Singapore and Việt Nam rose to US$236 billion in 2023, compared with an annual average of $190 billion between 2020 and 2022
Despite huge investment flows into Phu Quoc Island, Government officials
revealed that the number of projects actually underway is much lower
than expected.
Viet Nam has brought in US$19.2 billion in foreign direct investment
(FDI) in the first 10 months of the year, a whopping 65.5 per cent more
than last year''s figure, according to the General Statistics Office
(GSO).