MONTHLY VIETNAM NEWS RECAP( JANUARY 2025) – ECONOMIC & INDUSTRIAL & LOGISTICS

HIGHLIGHTS

Vietnam: FDI capital flows mainly into technology manufacturing projects

Foreign direct investment capital into Vietnam reached nearly 31.4 billion USD in the first 11 months of 2024, with disbursed FDI estimated at about 21.7 billion USD, up 7.1% over the same period in 2023. This has helped Vietnam enter the top 15 developing countries attracting the most FDI in the world. FDI capital in 2024 is mainly focused on high-value industries such as electronics, semiconductors and green technology. Experts predict that this trend is likely to continue in 2025.

Vietnam: Shaping Vietnam’s important position in the global semiconductor supply chain

As of December 2024, Vietnam has attracted 174 foreign-invested projects operating in the semiconductor industry, with a total registered capital of about 11.6 billion USD. This reflects the growing confidence of global technology and semiconductor companies in Vietnam’s potential. To date, Intel has invested 1.5 billion USD in Vietnam; Amkor Technology has invested 1.6 billion USD in its factory in Bac Ninh; Hana Micron, a memory chip OSAT unit, has also invested 600 million USD.

Vietnam: Draft Law on Digital Technology Industry for Semiconductor Industry

The draft Law on Digital Technology Industry submitted by the Government has provided preferential policies for the semiconductor industry, which enjoys general incentives according to the digital technology industry. The latest draft Law has been revised to supplement truly outstanding,breakthrough incentive mechanisms, creating competitive advantages for the semiconductor industry. The Law on Digital Technology Industry will be passed by the National Assembly at the 9th Session (May 2025).

Vietnam: Forecasting a strong boom year for Industrial Real Estate

Deputy Director of the Vietnam Real Estate Market Research and Evaluation Institute (VARs IRE) commented that the supply of industrial land will continue to increase thanks to new projects with improved quality thanks to new industrial parks and expansion projects at existing projects in 2025. In the period of 2024 – 2027, Vietnam is expected to have about 15,200 hectares of industrial land supply, more than 6,000,000 m2 of total warehouse supply.

Vietnam: Ready-Built Factories dominate the Industrial Real Estate market in 2025

Data from real estate consultants shows that from the Q2/2023 to now, the demand for factory rental has increased sharply thanks to the recovery of the industrial manufacturing industry and the trend of large enterprises moving to Vietnam. It is expected that by 2027, Vietnam will have about 6 million square meters of warehouses and factories put into operation. Most of the factory area is concentrated in key economic regions, where there is great potential to attract high-quality FDI.

Vietnam: Exports in 2025 set a growth target of 10-12%, trade surplus of 20 billion USD

Vietnam’s total import-export turnover in 2024 is estimated at 783.4 billion USD, up 15% compared to 2023; of which exports are estimated at 403.7 billion USD, up 13.8%. Entering 2025, Vietnam’s exports still face many risks, especially being concentrated mostly in a few large markets. However, the Import-Export Department has set a target of striving for total export turnover to increase by over 10-12%compared to 2024 and the trade balance to continue to have a trade surplus of over 20 billion USD.

Vietnam: 70 infrastructure projects to start and complete in 2025

The Ministry of Transport expects 70 transport infrastructure projects to start and complete next year. Of these, 19 projects will start and 51 projects will be completed in 2025. Regarding railways, the ministry will speed up the implementation of detailed plans for the two railway lines Hanoi – Dong Dang; Hai Phong – Ha Long -Mong Cai. Regarding aviation, the goal is to basically complete the Long Thanh International Airport project in 2025.

Vietnam: Approval of detailed planning for Seaports and Harbors

Deputy Prime Minister has just signed Decision 140/QD-TTg dated January 16, 2025 approving the detailed planning for seaports, harbors, wharves, floating docks, water areas, and water regions for the period 2021 – 2030, with a vision to 2050. The total land use demand according to the planning until 2030 is about 33,800 ha, of which seaports are 17,300 ha. The total water surface demand according to the planning until 2030 is about 606,000 ha.

Vietnam: Vietnam SuperPort increases Railway Logistics connectivity

Vietnam SuperPort has just signed a memorandum of understanding on strategic cooperation with the Institute of Transport Strategy and Development and China Railway 16 Vietnam Group Co., Ltd. to develop railway logistics infrastructure. Specifically, the memorandum emphasizes the implementation of the national railway network development strategy, optimizing the efficient transportation of goods to and from Vietnam SuperPort.

Vietnam: Addition to the planning of Mang Den and Van Phong Airports

The Deputy Prime Minister assigned the Ministry of Transport to prepare, adjust, supplement and submit to the Prime Minister according to the provisions of the law on planning for the planning of Mang Den and Van Phong Airports. According to the proposal, Mang Den Airport is expected to be located in Mang Den town, Kon Plong district, Kon Tum province. Van Phong Airport is expected to be located in Van Thang commune, Van Ninh district, Khanh Hoa province.

Hanoi: Approval of 2 Industrial Parks in Thuong Tin District

On January 10, the Hanoi People’s Committee issued a Decision approving the Construction Zoning Plan, scale 1/2000, for Phung Hiep Industrial Park in Thuong Tin District with a land area of approximately 174.8 hectares. On the same day, the City issued a Decision approving the Construction Zoning Plan, scale 1/2000, for Bac Thuong Tin Industrial Park in Thuong Tin District with a land area of approximately 137 hectares.

Hanoi: There is a Clean Industrial Park of more than 300 hectares in Soc Son

The Hanoi People’s Committee has just issued a decision approving the Task of the Soc Son Clean Industrial Park Construction Zoning Plan, scale 1/2,000. Accordingly, the research location belongs to Minh Tri and Tan Dan communes in Soc Son district. The scale of the research and planning is nearly 324 ha. The time for establishing the zoning plan is no more than 9 months from the approved date. The number of workers and laborers is expected to be about 18,000 people.

Hanoi: J&T Express puts into operation the largest transit center in the North

On January 9, J&T Express Vietnam officially inaugurated the largest transit center in the North, at Quang Minh Industrial Park, Me Linh District, Hanoi. It has an area of 38,000 sqm, 23 inbound and 150 outbound gates. It is equipped with an automatic goods sorting matrix system, from inbound to outbound goods takes about 3-5 minutes for a loose package sorted through DWS; the crossbelt system helps to automatically sort small packages, helping to classify goods with up to 99%accuracy;…

Ho Chi Minh: Approving the investment policy of the Can Gio International Transit Port

On January 16, the Prime Minister officially signed Decision No. 148/QD-TTg approving the investment policy of the Can Gio International Transit Port Project. This is a project proposed by the consortium of Saigon Port JSC – Terminal Investment Ltd. Holding S.A. It is implemented in Go Con Cho Islet, Can Gio District, HCM with the goal of building and developing the Can Gio International Transit Port. It has a land use area of about 571 ha; the investment capital is no less than VND 50,000 billion.

Ho Chi Minh: Construction of a Factory worth over VND2,700 billion

On January 6, Binh Viet Duc Company Limited started construction of the first plasma biological products factory complex in Vietnam at the High-Tech Park, Thu Duc City, HCMC with a construction area of 8.2 ha; with a total investment of up to VND2,700 billion. The factory complex will include: Plasma fractionation biological products factory; Vaccine and insulin factory; Anesthetic and anesthetic drug factory; Cancer treatment drug factory. It is expected to be completed in February 2026.

Ho Chi Minh: HCM High-Tech Park will start 12 projects in 2025

The Management Board of Ho Chi Minh City High-Tech Park (SHTP) said that in 2025, 12 projects will start construction here, including 10 domestic projects and 2 FDI projects with a total investment capital of up to more than 1 billion USD. Currently, SHTP has attracted more than 10 leading high-tech corporations in the world to invest such as: Intel, Jabil, Rockwell (USA), Nidec, Nipro, NTT (Japan), Samsung (Korea), Sanofi (France), TTI (Germany)…

Can Tho: Approval of Vinh Thanh Industrial Park Project (Phase 2)

Deputy Prime Minister signed Decision No. 1707/QD-TTg on the investment policy for the project to invest in construction and business of infrastructure of Vinh Thanh Industrial Park (Phase 2); at the same time, the investor is Thanh Binh Phu My Joint Stock Company. The project area is 540.58 hectares. The project implementation location is in Vinh Trinh and Vinh Binh communes, Vinh Thanh district, Can Tho city. The investment capital of the project is 7,850 billion VND.

Hai Phong: Approval of Nomura – Hai Phong Industrial Park Project (Phase 2)

Deputy Prime Minister Tran Hong Ha has just signed Decision 1709/QD-TTg on the investment policy for the Nomura – Hai Phong Industrial Park infrastructure construction and business project (Phase 2); at the same time, approving the investor as Hai Phong International Industrial Park Joint Stock Company. The project area is 197.16 ha; the project investment capital is 2,782.72 billion VND. It located in An Hung, An Hong, Dai Ban communes, An Duong district, Hai Phong city.

Hai Phong: Approval of Vinh Quang Industrial Park Project

Deputy Prime Minister Tran Hong Ha signed Decision No. 29/QD-TTg dated January 5, 2025 on the investment policy of the Vinh Quang Industrial Park infrastructure construction and business investment project (phase 1); at the same time, approving the project investor as Idico Vinh Quang JSC. The project has an area of 226.01 hectares. The project is implemented in Vinh Quang, Cong Hien, Thanh Luong communes, Vinh Bao district. The project investment capital is VND 3,550,804 billion.

Hai Phong: Announcement of decision to establish the Southern Hai Phong Coastal EZ

On January 16, Deputy Prime Minister presented Decision No. 1511/QD-TTg on the establishment of the Southern Hai Phong Coastal Economic Zone. The project covers an area of approximately 20,000 ha, including more than 3,000 ha of seaports with a length of 12 km, more than 4,000 ha of industrial land, 1,800 ha of urban land and over 1,000 ha of Free Trade Zone. The total investment is expected to be about 8 billion USD by 2030; by 2040, it will attract about 40 billion USD in investment…

Hai Phong: There is a new Industrial Park worth over VND8,000 Billion

On January 14, Deputy Prime Minister Tran Hong Ha signed a decision on the investment policy for the project to invest in the construction and business of the infrastructure of Trang Due 3 Industrial Park in Hai Phong City with a total investment of VND8,094.4 billion, with the investor being Saigon – Hai Phong Industrial Park Joint Stock Company. Accordingly, the project has a total area of 652.73 ha and is implemented in the communes of Truong Tho, Truong Thanh, An Tien, and Bat Trang.

Hai Phong: Vinhomes subsidiary invests in Industrial Park worth over VND2,200 billion

Deputy Prime Minister Tran Hong Ha has just signed a decision on investment policy for the project to develop infrastructure in Nam Trang Cat industrial park, Hai Phong city. Accordingly, the project will be implemented in Trang Cat ward, Hai An district with a land use scale of over 200 ha. The total investment capital of the project is nearly VND2,253 billion. The project’s operating period is 50 years from January 14, 2024. The project investor is Vinhomes Industrial Park Investment JSC.

Hai Phong: More than 3.5 billion USD in DDI and FDI capital

On January 16, Hai Phong City granted investment registration certificates to 5 domestic investment projects, with a total capital of 79,425.52 billion VND and 6 FDIs with 125.65 million USD. Typically, the project to produce agricultural and forestry machinery with 12.4 million USD; the project to produce for food processing and beverage preparation with 12.5 million USD; the project to produce electronic components for household electronic products with an investment capital of 10 million USD;…

Hai Phong: Inauguration of Li-ion and Ni-MH Battery Manufacturing Plant

On January 17, the factory of Exquisite Power Vietnam Science and Technology Co., Ltd. was officially inaugurated. The project’s main objective is to produce Li-ion and Ni-MH batteries on a factory area of 13,650 sqm with a total investment of 20 million USD in Nam Dinh Vu Industrial Park, Hai Phong City. The project will contribute to the economic restructuring, create many job opportunities for local workers, generate income for workers, and ensure social security.

Hai Phong: LG Display invests another 1 billion USD

Recently, Hai Phong city held a conference to grant investment registration certificates to 12 projects in industrial parks and economic zones in the city with a total capital of up to 1.8 billion USD. The most notable is the expansion investment project of LG Group, Korea (LG Display Vietnam Hai Phong Co., Ltd.) in Trang Due Industrial Park, increasing the total investment capital from 4.65 billion USD to 5.65 billion USD (an increase of 1 billion USD).

Da Nang: Approval of Hoa Ninh Industrial Park project

The Prime Minister has just issued a decision approving the investment policy of the Hoa Ninh Industrial Park project. The project covers an area of 400.02 ha, located in Hoa Ninh commune, Hoa Vang district, Da Nang city. It is expected that when Hoa Ninh Industrial Park comes into operation, it will attract 218 secondary projects with a total investment capital of about VND 26,000 billion, creating jobs for more than 40,700 workers.

Da Nang: Granting investment certificates to many large projects

On January 17, Da Nang City granted investment registration certificates to many projects. Notably, the Dentium Vietnam project of ICT VINA Co., Ltd. (Korea) with a total investment value of 177 million USD. The project of Da Nang International Data Center Joint Stock Company (Vietnam) with a total investment capital of 31.4 million USD. The VMR High-Tech Mold Manufacturing Factory project of Viedam Joint Venture Company Limited; with an investment capital of 10 million USD.

Nghe An: Approval of WHA Industrial Zone 2 Project – Nghe An

Deputy Prime Minister Bui Thanh Son signed Decision No. 1706/QD-TTg dated December 31, 2024 on investment policy for the WHA Industrial Zone 2 – Nghe An project (in Nam Cam D Industrial Park); and at the same time approved the investor, WHA Industrial Zone Nghe An Joint Stock Company. The project area is 183.37 ha. The project implementation location is in Nghi Hung and Nghi Dong commune, Nghi Loc district, Nghe An. It has an investment capital of VND 1,200 billion.

Dak Lak: Approval of Phu Xuan Industrial Park Project

Deputy Prime Minister Tran Hong Ha has signed Decision No. 1708/QD-TTg on the investment policy for the Phu Xuan Industrial Park infrastructure construction and business investment project. The land use scale of the project is 313.03 hectares; the project implementation location is in Ea Drong commune, Cu M’gar district, Dak Lak province. Project implementation progress: No more than 36 months from the date of land handover by the State.

Lao Cai: Approval of Vo Lao Industrial Park Planning

On January 6, the Lao Cai Provincial People’s Committee issued Document No. 03/QD-UBND approving the Vo Lao Industrial Park Construction Zoning Plan. The project is located in Vo Lao Commune, Van Ban District with a total zoning planning area of 1,000 hectares; the estimated labor scale for the industrial park is about 50,000 people. The project is invested in 2 phases. Of which, phase I has a scale of 200 hectares – 500 hectares; phase II completes the remaining scale.

Thai Nguyen: Approval of Yen Binh 3 Industrial Park Project

On January 8, Deputy Prime Minister Tran Hong Ha signed Decision No. 50/QD-TTg approving the investment policy of the Yen Binh 3 Industrial Park infrastructure construction and business project; at the same time, approving the project investor as BMK Group Joint Stock Company. The project has a scale of 295.34 hectares and will be implemented in Diem Thuy and Nga My communes, Phu Binh district, Thai Nguyen province for a period of 50 years.

Quang Binh: Awarding investment decision for Cam Lien Industrial Park

On January 10, the Quang Binh Economic Zone Management Board awarded the Investment Registration Certificate for Cam Lien Industrial Park to Capella Quang Binh Investment Ltd Co. The project covers an area of 450 ha in Cam Thuy, Thanh Thuy and Ngu Thuy Bac communes, Le Thuy district, Quang Binh province. The total investment capital of the project is VND 2,209 billion. The project investor will plan the detailed implementation of the project to have a site to start construction in 2025.

Thanh Hoa: WHA Group signs M.O.U on investment in Industrial Parks and Logistics

Recently, the People’s Committee of Thanh Hoa province and WHA Group signed a Memorandum of Understanding on the research and development of Long Duy Giang Industrial Park in the communes of Thieu Long, Thieu Duy and Thieu Giang with an area of about 300 ha – 400 ha; Long Cong Thanh Industrial Park in the communes of Thieu Long, Thieu Cong and Thieu Thanh with an area of about 300 ha; Logistics service area in Thieu Giang commune with an area of about 50ha.

Binh Dinh: Announcement of Phu My Industrial Park Planning Project

Binh Dinh Provincial People’s Committee has just issued Decision No. 11/QD-UBND approving the 1/5000 scale Master Plan for Phu My Industrial Park. The planning scope is in My An and My Tho communes, Phu My district with the scale is 820.93ha. Of which, the area in My An commune is 627.22ha; the area in My Tho commune is 193.71ha. This is a concentrated, multi-industry industrial park, attracting industrial types in line with the socio-economic development orientation of the province.

Binh Dinh: Attracting the first investment project in 2025

The Management Board of Binh Dinh Economic Zone has just approved the investment policy and approved the investor for Duc Toan Binh Dinh Company Limited to implement the project of expanding the Duc Toan Binh Dinh high-end interior and exterior wood processing factory. It is implemented in Nhon Hoi Industrial Park – Area A, Nhon Hoi Economic Zone with an area of over 4.9 ha. The total investment capital is over 182 billion VND; it is expected to come into operation in January 2028.

Nam Dinh: Ninh Co Economic Zone officially established

The Deputy Prime Minister has just signed Decision No. 88/QD-TTg dated January 14, 2025 on the establishment of Ninh Co Economic Zone. It covers an area of 13,950 ha, located in the southernmost part of Nam Dinh, including 9 commune-level administrative units. Phase 1 (2024-2026): complete the steps of construction planning. Phase 2 (2026-2030): continue to complete the synchronous infrastructure. Phase 3 (after 2030): complete the synchronous economic and social infrastructure system.

Binh Phuoc: Approval of investment in Bac Dong Phu Industrial Park Phase 2

Deputy Prime Minister signed Decision No. 145/QD-TTg dated January 16, 2025 on the investment policy for the project to invest in Bac Dong Phu Industrial Park Phase 2; at the same time, approving the investor of the Project as Bac Dong Phu Industrial Park JSC. It is implemented in Tan Phu town, Dong Phu district and Tien Hung commune, Dong Xoai city, Binh Phuoc province with a land use scale of 317 hectares. The total investment capital of the project is 1,360 billion VND.

Bac Giang: Approval of Song Mai – Nghia Trung Industrial Park

On January 21, 2025, Deputy Prime Minister signed Decision No. 198/QD-TTg on the investment policy of the Song Mai – Nghia Trung Industrial Park infrastructure construction and business project; at the same time, the investor of the Project was approved by Hanoi – Bac Giang Industrial Park Infrastructure Investment JSC. It is implemented in Nghia Trung commune, Viet Yen town, Song Mai commune, Bac Giang province. The project area: 197.1 ha with investment capital: VND 2,806,210 billion.

Bac Giang: Approval of Nghia Hung Industrial Park

On January 21, 2025, Deputy Prime Minister signed Decision 201/QD-TTg on the investment policy of the Nghia Hung Industrial Park infrastructure construction and business investment project. It is invested by Gilimex Bac Giang Industrial Park JSC, with a scale of 148.68 hectares, implemented in Dao My, Nghia Hung commune, Lang Giang district, Bac Giang province. The project’s operating period is 50 years from the date of the decision approving the investment policy.

Hai Duong: Approval of Kim Thanh 2 Industrial Park – Phase 1

On January 22, 2025, the Deputy Prime Minister signed Decision No. 211/QD-TTg approving the investment policy of the project to invest in construction and business of infrastructure of Kim Thanh 2 Industrial Park – Phase 1, and at the same time approved the investor as Hung Yen Investment and Development Group JSC. It is implemented in Dai Duc & Tam Ky commune, Kim Thanh district, Hai Duong province with a scale of nearly 235 ha; the project investment capital is 3,403 billion VND.

Hai Duong: Investing 2,700 billion for Hung Dao Industrial Park project

The Department of Construction of Hai Duong province has just reported the construction planning dossier of Hung Dao Industrial Park, scale 1/2000. It is located in the communes of Hung Dao, Ngoc Ky, Tai Son and Tan Ky. The project planning study area is 212.8 ha. The total investment capital is expected to be nearly 2,700 billion VND. This is a multi-industry IP including: mechanics, manufacturing; textiles-footwear; mineral processing, metallurgy; clean energy, environmental industry…

Hai Duong: Approval of investment policy for the construction of Dai An bridge

Hai Duong People’s Committee has decided to approve the investment policy for the construction project of Dai An bridge of Dai An JSC. The project has a total investment of about 250 billion VND. The implementation period is from 2025-2026. The project has a starting point connecting to the Investment Project for the construction of Hai Duong Ring Road I, from the 62m road to the Dai An Industrial Park expansion; the end point is at the boundary of the Dai An Industrial Park expansion (phase II).

Ba Ria – Vung Tau: Approval of HD Industrial Park

Recently, Deputy Prime Minister has approved the investment policy of the HD Industrial Park infrastructure construction and business investment project; at the same time, approved the project investor as HD Industrial Park Development Investment JSC. The project has a scale of 450 ha located in Hac Dich ward, Phu My town, Ba Ria – Vung Tau province. The total investment capital of the project is nearly 5,000 billion VND. The project will operate for 50 years.

Ba Ria – Vung Tau: Adjusting the investment policy of My Xuan International Port

On 21/1/25 Deputy Prime Minister signed Decision 200/QD-TTg approving the adjustment of the investment policy of My Xuan International General Port. The adjustment of the investment policy of My Xuan International General Port Project (formerly known as Vinalines Ship Repair Factory) of QTM International Port JSC is approved. The project implementation period is from 2025 to 2030. The land area used is 71.23 ha. The total investment capital is about 5,733 billion VND.

Thai Nguyen: Adjusting the investment policy of Song Cong II Industrial Park project

On January 23, 2025, The Deputy Prime Minister has just signed Decision No. 223/QD-TTg adjusting the investment policy of the Song Cong II Industrial Park infrastructure construction project. Accordingly, the total investment is adjusted to VND 2,347,151,485,026 (an increase of VND 589,375,485,026). Adjusting the project implementation period from 2017 to 2025. Adjusting the project implementation location: Tan Quang & Ba Xuyen commune, Song Cong city, Thai Nguyen province.

Hoa Binh: Construction of Nhuan Trach Industrial Park commenced

After more than 2 years of implementation, the Nhuan Trach Industrial Park project has been completed in accordance with regulations, especially in 18 months of compensation, support and resettlement, the project has cleared 209/213.68ha (98%). It is located in Nhuan Trach and Cu Yen communes, Luong Son district, Hoa Binh province, with a scale of 213.68 ha, a total investment of nearly 2,400 billion VND, with Hoa Phu-Hoa Binh Co. Ltd as the investor.

Bac Ninh: Granting investment certificates of 1.8 billion USD

On January 2, the People’s Committee of Bac Ninh province granted investment registration certificates to 18 domestic and foreign investors with a total capital of 1.8 billion USD, of which foreign investment capital was 1.67 billion USD. One of the notable projects is the investment project to expand the factory producing screens and electronic components of Samsung Display Vietnam Co., Ltd. The capital granted with this registration certificate has exceeded the whole year plan by 1.5 times.

Bac Ninh: Gia Binh Airport added to airport system planning

Deputy Prime Minister has agreed to the policy of adjusting the master plan for the development of the national airport system for the period 2021-2030, with a vision to 2050, adding Gia Binh Airport to the planning. According to the proposal, the airport will be of a scale and level 4E; the planned capacity is expected to transport 1-3 million passengers/year; and transport 250,000-1,000,000 million tons of n/ cargo/year. The total investment of the project is estimated at VND31,300 billion.

Binh Duong: Investment certificates awarded for over 1.7 billion USD

Binh Duong People’s Committee has granted investment approval decisions to 20 projects and investment registration certificates to 3 projects with a total registered investment capital of over 1.7 billion USD. Of which, there are 2 projects invested by EVNNPT with a total investment of over 1,600 billion VND, including: Binh My 220kV transformer station project and connection implemented in Bac Tan Uyen district; And Ben Cat 2 220kV transformer station project.

Dong Thap: Vietnam – Cambodia open more international border gates

On January 17, the People’s Committee of Dong Thap province and the Government of Prey Veng province announced the opening of the pair of international border gates by road/river from Thuong Phuoc, Dong Thap province (Vietnam) – Kaoh Roka, Prey Veng province (Kingdom of Cambodia). In the period of 2022 – 2024, the total import and export turnover of goods across the border between the two provinces e.vn/ of Dong Thap – Prey Veng will reach over 1.4 billion USD.

Source: Catherine Huỳnh