Foreign investors are ramping up large-scale investments in Vietnam, reinforcing the country’s status as a key global investment hub. Sumitomo Corporation received approval in late April to develop the $115.8 million Thang Long Thanh Hoa Industrial Park on 167 hectares. It already operates three IPs in northern Vietnam and is planning additional projects. According to the General Statistics Office, foreign investment surged 40% year-on-year to $13.82 billion in the first four months of 2025, with disbursement reaching $6.74 billion, the highest in five years. Minister of Finance Nguyen Van Thang highlighted Vietnam’s proactive diplomacy, including high-level engagements with the U.S., as key to maintaining investor confidence despite global trade tensions, such as new U.S. countervailing tax policies. Notable new investment projects include: Qualcomm plans to build its third-largest AI R&D center globally in Vietnam, following the acquisition of Vietnamese AI firm MovianAI. SK Group is proposing a $2.35 billion LNG power plant and storage facility in Ninh Thuan province, with other potential LNG projects in Nghe An and Thanh Hoa. These moves underline Vietnam’s growing importance in global supply chains, technology R&D, and energy infrastructure, supported by responsive government policies and a favorable investment climate. (ICE HO CHI MINH CITY)

Fonte notizia: Vietnam Investment Review