Ho Chi Minh City attracts nearly $980 million in FDI in early 2026

Ho Chi Minh City attracts nearly $980 million in FDI in early 2026

Ho Chi Minh City attracted nearly $980 million in overseas funding during the first two months of 2026, up 28.4 per cent on-year.

According to Ho Chi Minh City Department of Finance, total foreign direct investment (FDI) inflows including newly registered capital, additional capital, and capital contributions and share purchases reached $979.6 million in January and February. Newly registered capital accounted for $242.8 million across 286 projects, while additional capital stood at $480.6 million on 59 initiatives. There were 305 cases of capital contribution and share acquisition, totalling $256.2 million.

FDI inflows are being driven by both new ventures and the expansion of existing operations, reflecting investor confidence in the city's operational efficiency and long-term prospects.

The city has seen a sharp uptick in data infrastructure investment, including a $2 billion hyperscale data centre by Abu Dhabi state-backed firm G42 in collaboration with Vietnamese companies. A US investor is also pursuing a data centre project with an estimated investment of approximately $2 billion.

These investors have committed to disbursing approximately 60 per cent of the total capital, equivalent to $1.2 billion, in the second quarter of 2026. This underscores their readiness and determination to implement the projects, while providing the city with a solid foundation to achieve its full-year FDI target.

Amid rising registered capital and a wave of billion-dollar ventures, Ho Chi Minh City is targeting $11 billion in foreign investment this year, with a focus on high technology, logistics, financial centres, trade, and sustainable development. This marks a significant increase from the $8.37 billion recorded in 2025.

The city continues to lead the country in active FDI, with $142.9 billion and 20,756 projects in operation. The figures reflect the strength of the investment environment and reinforce Ho Chi Minh City's position as an economic and financial centre.

VIR