Vietnam Poised to Attract Significant Investment from G20 Economies
G20 members, comprising 19 economies and the European Union (EU), are among Vietnam’s major investment partners. As the G20 increasingly recognizes Vietnam’s economic role, the country faces substantial opportunities to attract capital from these economies.
Growing Opportunities from G20 Investors
Haeco Group, a member of Swire Group (a UK-based multinational), recently visited Vietnam seeking investment opportunities. In a meeting with Deputy Prime Minister Nguyễn Hòa Bình, Richard Sell, CEO of Haeco, revealed plans to partner with Sun Group and other stakeholders to invest USD 360 million in an aircraft maintenance complex at Van Don International Airport (Quang Ninh). Haeco has just signed a 15-year aircraft maintenance and repair contract with a U.S. partner at Van Don, making the USD 360 million project increasingly feasible.
Meanwhile, Japanese retail giant AEON has received an investment registration certificate for AEON MALL Bien Hoa, with total capital of VND 6,000 billion (USD 261 million). This represents another step in AEON’s expansion in Vietnam, aiming to triple its scale by 2030. Since opening its first shopping center in 2014, AEON has invested USD 1.5 billion in Vietnam, with similar investment expected in the near future. “Vietnam is a priority market alongside Japan, and AEON will continue to expand operations here,” said Tezuka Daisuke, Executive Board Member of AEON Group and CEO of AEON Vietnam.
Additionally, Luxshare-ICT, a major electronics component manufacturer for brands like Apple, Samsung, Lenovo, Sony, Asus, Huawei, plans further expansion in Vietnam after investing USD 1.8 billion in factories in Bac Ninh and Nghe An over the past decade. Wang Lai Thang, Vice Chairman of Luxshare-ICT, revealed that the new project’s scale will be no less than USD 10 billion, enhancing Vietnam’s position in the regional and global high-tech supply chain. “We always consider Vietnam our most important production hub among the 29 countries and territories where the Group invests overseas,” he stated.
All three investors are from G20 economies, including the G7 and the EU. Most G20 members, such as the U.S., Japan, South Korea, China, Germany, France, the U.K., and Indonesia, are top investment partners of Vietnam. By the end of October 2025, South Korea led with USD 94.3 billion in registered capital, followed by Japan (USD 78.87 billion), China (USD 34.2 billion), the U.S. (USD 12.28 billion), and the U.K. (USD 4.66 billion).
Promoting Green Investment
Vietnam’s potential to attract G20 investment is significant, particularly in green projects. Prime Minister Phạm Minh Chính is attending the G20 Summit in South Africa. This marks Vietnam’s sixth participation and second consecutive invitation to this key gathering representing 67% of the global population, 85% of global GDP, and 75% of international trade.
Under the theme “Solidarity, Equity, and Sustainable Development,” the summit focuses on four priorities: enhancing resilience to disasters, promoting sustainable debt management for low-income countries, mobilizing finance for fair energy transition, and leveraging critical minerals for inclusive, sustainable growth. These areas align closely with Vietnam’s goals of climate adaptation, green growth, and equitable energy transition.
The 2025 Vietnam Business Forum (VBF) emphasized foreign investors leading the transition to green growth and supporting domestic enterprises in this journey. Green investment is crucial for Vietnam to achieve sustainable development. Notable projects include LEGO’s USD 1.3 billion carbon-neutral factory in Binh Duong and Sweden’s Syre Group’s USD 1 billion polyester fabric recycling complex in Binh Dinh, aiming to make Vietnam a global hub for circular textile production.
While foreign investors are ready, challenges remain, such as the lack of a comprehensive green finance classification system, limited ESG reporting requirements, and insufficient incentives for green credit. Denzel Eades, Chairman of the British Business Association in Vietnam, noted the need to expand incentives for circular economy projects and green credit.
G20 investors are among the most experienced and capable in promoting green investment in Vietnam. With favorable policies, green capital inflows are expected to accelerate further.
Source: Investment Newspaper
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