Vietnam has become a major destination for foreign direct investment, thanks to its stability, educated workforce, and competitive costs, attracting corporations like UOB.

Its strategic location in alternative supply chains further enhances Vietnam's appeal to foreign investors.

Vietnam's growing significance as a manufacturing hub has drawn major companies and banks, including UOB, early on.

Despite China's slowdown, ASEAN remains an attractive region due to its geopolitical neutrality and regional cooperation, which bolster its resilience amid global uncertainties.

UOB celebrates its 90th anniversary and 60 years of diplomatic relations with Vietnam, emphasizing plans for future growth and stronger regional connectivity.

The 'China Plus One' strategy has evolved into 'China Plus Plus Plus Plus… Vietnam,' with businesses diversifying across multiple countries rather than relying solely on Vietnam.

UOB reports cautious optimism among investors in Vietnam, with many maintaining their plans despite global challenges, though they are adopting more risk-averse strategies like leasing land instead of purchasing.

UOB's FDI Advisory team supports companies entering Vietnam by connecting them with local agencies and providing guidance on regulations and compliance.

ASEAN's share of global FDI has increased from 6% in 2015 to 18% in 2025, driven by geopolitical neutrality and regional cooperation, making it a strategic economic alternative.

UOB's decision to establish a new headquarters in Ho Chi Minh City underscores its long-term commitment to Vietnam and aims to strengthen Singapore-Vietnam bilateral ties.

Vietnam's industrial parks, such as VSIP, have expanded significantly, reflecting strong investor confidence and growth potential.

FDI interest in Vietnam is shifting toward sectors like green energy, digital infrastructure, fintech, and labor-intensive manufacturing, amid global supply chain changes.