Foreign direct investment into Vietnam rose by 7.8 percent year-on-year to USD 7.3 billion in the January to May period of 2019. In addition, FDI pledges for new projects, increased capital and stake acquisitions - which indicate the size of future FDI disbursements – surged 69.1 percent from a year earlier to USD 16.74 billion. The manufacturing and processing industry is set to receive the largest amount of investment (71.8 percent of total pledges), followed by real estate (8.2 percent) and wholesale and retail sector (5.2 percent). Hong Kong was the biggest source of FDI pledges in the first five months of 2019 (30.4 percent of total pledges), followed by South Korea (15.7 percent) and Singapore (12.5 percent). Foreign Direct Investment in Vietnam averaged 6.30 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 9.50 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 5.00 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.