Analysis of the Top 5 Provinces and Cities Attracting the Most FDI in 2025
2025 marks an important milestone in Vietnam’s journey of attracting foreign direct investment. In a world of volatility and shifting FDI flows, many localities in Vietnam have shown remarkable appeal, generating impressive numbers in registered and disbursed capital. But what makes these places so attractive? What should businesses prepare if they want to invest here? Let’s analyze the top 5 provinces and cities that attract the strongest FDI in 2025, and explore the factors that investors cannot ignore.
Ho Chi Minh City remains the leading investment destination in the country
Ho Chi Minh City has long been Vietnam’s economic locomotive. In 2025, the city continues to maintain its performance, leading the country in total newly registered FDI capital, adjusted capital, and capital contributed through share purchases.
Infrastructure and strategic location
The city has synchronized transportation infrastructure, seaports and international airports that help connect easily with the ASEAN region and the world. It is an ideal destination for companies in service, high technology, finance, and real estate sectors.
Noticeable improvement in the investment environment
Ho Chi Minh City proactively pushes administrative reforms, shortens investment licensing time, especially for projects using high technology and environment‑friendly methods. The application of digital transformation in investment management helps foreign businesses access information and complete procedures more easily.
Binh Duong accelerates thanks to industrial park infrastructure and flexibility
Binh Duong continues to maintain its position as a heavily industrialized locality and one of the top foreign investment magnets in the country.
Focus on green industry
Binh Duong is implementing many eco‑industrial parks, while prioritizing projects with clean technologies and high localization rates. Tax incentives, labor training support, and logistics development help companies minimize costs and optimize operations.
Government accompanying investors
The “service‑oriented government” model in Binh Duong is a bright spot when foreign businesses are supported quickly from site survey to project execution. Many FDI investors rate it as one of the localities with the most transparent and investor‑friendly administrative procedures in Vietnam.
Bac Giang emerges as a new star on the FDI map in the North
If Ho Chi Minh City and Binh Duong are familiar names, Bac Giang has emerged as a new phenomenon in 2025, continuously attracting large projects from South Korea, China, and Japan.
Industrial development strategy with vision
Bac Giang has heavily invested in infrastructure of new industrial zones such as Quang Chau, expanded Van Trung and Song Khe – Noi Hoang. The province aims to attract FDI in processing and manufacturing with high added‑value and low pollution.
Incentive policies and abundant land fund
With attractive land lease prices and initial financial support policies, Bac Giang is the optimal choice for companies wanting to save initial investment cost while ensuring long‑term expansion potential.
Hanoi – Coordination center and high tech investment hub
The capital Hanoi, although not focusing on heavy industry, is a center for attracting investment in high technology, innovation, education and finance sectors.
Advantage in human resources and international connectivity
Hanoi has a system of universities and major research institutes, creating high quality human resources for FDI enterprises operating in information technology, AI, smart logistics, and finance.
Stable legal environment
In particular, the FDI investment laws and regulations in Hanoi are implemented synchronously, ensuring transparency and convenience. The city government strengthens regular dialogue with foreign investors to remove difficulties, and develops investment promotion centers with one‑stop services, supporting from legal procedures to partner search.
Dong Nai – Breakthrough thanks to strategic transport infrastructure
In 2025, Dong Nai recorded a boom in FDI projects thanks to the “boost” from Long Thanh International Airport and the inter‑regional expressway system.
The boost from Long Thanh Airport
As Long Thanh Airport enters operation phase, Dong Nai becomes an important trade hub, strongly attracting FDI flows in logistics, transportation and large‑scale industrial production sectors.
Orientation towards sustainable development
The province also tightens criteria on environmental protection, requiring foreign invested enterprises to have full and transparent environmental impact assessment reports. Although this increases initial investment cost, it ensures sustainable and stable long‑term development.
What FDI investors need to prepare when choosing a locality to invest in
Choosing the right locality not only helps businesses optimize cost but also take full advantage of incentive policies. Below are some pieces of advice for foreign investors considering investing in Vietnam:
Thoroughly understand FDI investment law and local policies
Each province or city has different incentive policies for priority industries. Businesses need to clearly understand legal regulations on FDI investment in Vietnam and in each locality to avoid risks during project implementation.
Collaborate with reputable local legal entities
Working with law firms specialized in foreign investment such as DEDICA Law Firm will help investors prepare dossiers, negotiate contracts, and handle complex procedures quickly.
Consider long‑term factors and development potential
Do not only look at current costs but evaluate expansion potential, regional connectivity and urban planning to ensure stability over the next 10‑20 years.
FDI attractiveness in Vietnam in 2025 lies not only in total registered capital but also in quality, investment sector and the development vision of localities. Ho Chi Minh City, Binh Duong, Bac Giang, Hanoi and Dong Nai are typical examples of how local governments can create sustainable competitive advantages. If you are looking for investment opportunities or need legal consulting in the process of investment in Vietnam, let DEDICA accompany you in every strategic step.
DEDICA Law Firm – Your legal partner accompanying FDI investors into Vietnam. We provide full‑package legal investment advisory services, from project registration, licensing, contract drafting to dispute resolution – ensuring investment processes proceed smoothly and comply with the law.
Contact DEDICA Law Firm for in‑depth legal consultation!
📞 Hotline: (+84) 39 969 0012 (Support via WhatsApp, WeChat, and Zalo)
🏢 Head office: 144 Võ Văn Tần Street, Xuân Hòa Ward, Ho Chi Minh City
🕒 Working hours: Monday – Friday (8:30 – 18:00)
