HCM City posts 24% rise in registered FDI in 2025

Total registered foreign direct investment (FDI) in Ho Chi Minh City in 2025 is estimated at nearly US$8.37 billion, up 24.2% from 2024, reflecting the continued appeal of the southern metropolis to foreign investors.

The information was shared at a press conference on the city’s socio-economic situation held on December 25.

Specifically, the city granted investment certificates to 1,865 new FDI projects with a combined registered capital of more than US$1.6 billion, while 432 existing projects adding their capital by US$2.9 billion. In addition, foreign investors completed 2,700 transactions to contribute capital, purchase shares or acquire stakes in domestic enterprises, with a total registered value of US$3.7 billion.

As of December 31, Ho Chi Minh City is expected to continue leading the nation in valid FDI capital and project numbers, with total registered capital standing at US$141.9 billion across 20,310 projects.

By sector, manufacturing and processing continues to account for the largest share of registered FDI, with 5,829 projects and total capital exceeding US$75.4 billion, or 53.3% of the total. Real estate ranks second with US$28.5 billion (20.2%), followed by wholesale and retail trade and vehicle repair with US$7.5 billion (5.3%). Other investments were channelled into education and training, professional and scientific services, construction, and information and communications.

The Department of Finance reported that investors from 89 countries and territories invested in the city this year. Singapore topped the list with US$2.1 billion, accounting for 25% of total registered capital, followed by the Republic of Korea with US$635.2 million (8%) and Hong Kong (China) with US$482.2 million (6%). Other significant sources included China, Japan, the British Virgin Islands, Thailand and the United States.

The city aims to prioritise FDI into high value-added sectors, green energy and high technology. To this end, it plans to upgrade and modernise investment, trade and tourism promotion activities; strengthen economic diplomacy; and directly engage leading multinational corporations and strategic partners in key projects, including plans to develop the city into a national services hub and an international financial centre.

At the same time, the city will continue to address investment barriers, improve planning and infrastructure, simplify administrative procedures, develop high-quality human resources and strengthen dialogue with investors. It will also recommend the Government amend and supplement inadequate regulations, while proactively developing specific policies suited to the city’s development characteristics.

Recently, the city proposed the National Assembly approve Resolution 260/2025/QH15 amending Resolution 98/2023/QH15 on piloting special mechanisms and policies for the development of HCM City, including expanding the framework for selecting strategic investors.

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