The latest data from the General Statistics Office revealed that total registered FDI in Vietnam reached 24.78 billion USD as of late September, marking an annual increase of 11.6%.
The southern region has been a magnet for FDI, particularly cities and provinces with robust infrastructure, a stable workforce supply, and proactive investment promotion, such as Ho Chi Minh City, Ba Ria-Vung Tau, Binh Duong, Dong Nai, and Ninh Thuan provinces.
Economists attributed this trend to companies seeking to diversify their supply chains or relocate production lines from China, where labour and production costs have become less competitive. Vietnam's strategic location in the heart of Southeast Asia makes it an attractive alternative.
Real estate experts said the surge in FDI within the manufacturing sector is having a ripple effect on various real estate segments, including offices, serviced apartments and industrial properties, as demand continues to grow./.
