Foreign direct investment into Vietnam rose 6.3 percent year-on-year to USD 11.96 billion in January to August 2019. In addition, FDI pledges for new projects, increased capital and stake acquisitions - which indicate the size of future FDI disbursements – surged 92.9 percent from a year earlier to USD 22.63 billion. The manufacturing and processing industry are set to receive the largest amount of investment (69.6 percent of total pledges), followed by real estate (10.2 percent) and wholesale and retail sector (5.2 percent). Hong Kong was the biggest source of FDI pledges in the first eight months of 2019 (24.9 percent of total pledges), followed by South Korea (15.4 percent) and Singapore (14.5 percent). Foreign Direct Investment in Vietnam averaged 6.38 USD Billion from 1991 until 2019, reaching an all time high of 19.10 USD Billion in December of 2018 and a record low of 0.40 USD Billion in January of 2010.
Foreign Direct Investment in Vietnam is expected to be 14.10 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Direct Investment in Vietnam to stand at 10.40 in 12 months time. In the long-term, the Vietnam Foreign Direct Investment is projected to trend around 25.10 USD Billion in 2020, according to our econometric models.