HEPZA said foreign direct investment (FDI) channeled into 87 newly licensed and 105 existing projects stood at over US$3.16 billion and US$878.42 million, respectively, surpassing US$4.04 billion in total.

FDI inflows have not only come from new projects but also from existing businesses scaling up their investments. This demonstrates that alongside their ability to attract new investors, the local export processing and industrial zones continue to create favourable conditions for existing enterprises to expand their production and business activities.

Domestic investment, meanwhile, exceeded VND28.6 trillion, equivalent to over US$1.1 billion. Of this, 74 newly licensed projects posted a total registered capital of more than VND10.07 trillion, while 44 projects registered capital increases worth over VND18.53 trillion.

Alongside investment attraction, land and factory leasing activities have also continued to perform at a high level. Specifically, in nearly eight months, 673.42 hectares of land was leased while the area of rented factory space reached approximately 483,977 square metres.

According to HEPZA, as of mid-August, the city’s export processing and industrial zones were home to more than 5,410 valid investment projects, with combined registered capital surpassing US$81.7 billion. Of these, more than 3,220 were FDI projects worth over US$60 billion, and 2,187 were domestic ones worth more than VND399.17 trillion, equivalent to US$21.7 billion.

Notably, of the more than 5,410 valid projects, 4,850 were already operational. In addition, 150 projects were under construction, 326 were undergoing procedures required for implementation, and 85 temporarily suspended operations.

The workforce employed in the city’s export processing and industrial zones stood at 919,446, with women accounting for 53.51% and workers from other localities about 68.3% of the total.

Vietnam’s industrial real estate attracts foreign investment

Vietnam's industrial sector is experiencing significant transformation, supported by strong foreign direct investment (FDI) flows, large-scale infrastructure projects, and a favourable regulatory environment, thus attracting a new wave of investment from foreign investors, experts have said.