Investment

Foreign direct investment (FDI) in Ho Chi Minh City is projected to reach approximately $19 billion for the full year of 2026, driven by multi-billion-dollar projects in seaports, artificial intelligence, logistics, and urban infrastructure after total registered capital far exceeded the annual plan in the first nine months.

This move is part of Samsung's overall investment strategy of 6.700 trillion won to enhance the production capacity of high-end semiconductor products, particularly the FC-BGA (Flip-chip Ball Grid Array) line, which serves artificial intelligence (AI) applications.

Under this approach, enhanced, longer-term, or conditional incentives would target enterprises operating in prioritized sectors, engaging in innovation, digital transformation, green manufacturing, global value chain integration, large-scale job creation, or those demonstrating high potential for economic contributions.

By the end of August, Da Nang had attracted over $680 million in FDI, up nearly 190% year-on-year. Of this total, 100 projects were newly licensed with aggregate registered capital exceeding $520 million.

On tariffs, European Free Trade Association (EFTA) members have offered immediate liberalisation of more than 90% of tariff lines, representing 99.5% of Vietnam’s exports to the bloc.

The project is expected to improve regional connectivity, support investment attraction and create additional development momentum for Hai Phong, Hung Yen, Ninh Binh and other provinces in the Red River Delta.