FDI inflows rising in higher-value sectors

Foreign investors are increasingly betting on Vietnam with a growing number of large-scale, high-quality ventures, particularly in the manufacturing and processing sector.

- By Thanh Van

On May 29, Singapore’s Sembcorp Development received investment approvals to develop four new Vietnam Singapore Industrial Parks (VSIPs) in Haiphong city, and the provinces of Ninh Binh, Nghe An, and Ho Chi Minh City. These ventures are expected to support export-oriented manufacturing industries, as well as high-tech and digital economy sectors, including electronics and precision engineering.

With these additions, the VSIP portfolio now comprises 26 IPs spanning more than 14,300 hectares, reinforcing Sembcorp’s position as a scalable, integrated industrial platform supporting high-value manufacturing and digital-led growth sectors across Vietnam.

Lee Ark Boon, CEO of Sembcorp Development, said, “As VSIP marks its 30th anniversary in 2026, Sembcorp reaffirms its commitment to supporting Vietnam’s industrial growth through development of integrated IPs that provide reliable infrastructure and low carbon energy. These new projects will continue to attract quality investments, create jobs and contribute to Vietnam’s long-term economic growth.”

On May 28, Dutch companies Den Ouden and De Heus broke ground on an organic fertiliser production facility in Tay Ninh province. The venture aims to build a closed-loop agricultural value chain that is both efficient and environmentally friendly.