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Thailand’s Investment in Vietnam is accelerating, with the country expanding cooperation and strengthening bilateral trade within ASEAN. Both nations aim to raise their two-way trade turnover to USD 25 billion by 2026, reinforcing their roles in regional and global supply chains.
Thailand’s FDI in Vietnam Surges Sevenfold in 2025
Photo: VGP News
According to the Foreign Investment Agency (FIA), Thailand’s FDI in Vietnam has witnessed a breakthrough surge this year.
In the first nine months of 2025, Thai investors launched 26 new projects in Vietnam with a total registered capital of over USD 928 million — seven times higher than the same period in 2024 (which recorded USD 130.91 million).
As of the end of September 2025, Thailand has 775 valid investment projects in Vietnam, with total registered capital exceeding USD 14.96 billion, ranking 8th among foreign investors in the country. Thai capital spans key sectors such as energy, retail, food processing, green materials, and logistics, contributing to Vietnam’s green and sustainable economic transformation.
Major Thai Corporations Expanding Presence
Not only large conglomerates but also SMEs from Thailand are actively expanding their footprint in Vietnam. Prominent groups such as SCG, Central Retail, and C.P. Group are accelerating operations and shifting investment toward renewable energy, green materials, and circular economy — in line with Vietnam’s sustainable development direction.
Recently, at the 2025 Thai Business Investment Promotion Seminar in Gia Lai Province themed “Explore Gia Lai, Vietnam – Breakthrough in Trade and Investment” (October 23), the Federation of Thai Industries (FTI) signed a Memorandum of Understanding (MoU) with Becamex Binh Dinh JSC. The partnership aims to help Thai enterprises explore Vietnam’s investment environment, particularly in manufacturing, renewable energy, logistics, green materials, and supporting industries.
Thailand Remains Vietnam’s Largest ASEAN Trading Partner
Photo: Nhan Dan Online
Beyond investment, Thailand continues to be Vietnam’s largest trading partner in ASEAN. Bilateral trade reached over USD 20.2 billion in 2024, up 6.6% year-on-year. Both nations are working toward the USD 25 billion target by 2026, focusing on supply chain cooperation, logistics connectivity, and regional infrastructure development.
Strategic Partnership to Drive Future Growth
The bilateral relationship has entered a new phase since Vietnam and Thailand upgraded their ties to a Comprehensive Strategic Partnership in May 2025. This milestone sets the stage for deeper collaboration and allows both countries’ businesses to leverage complementary advantages within ASEAN.
According to Chartchai Panichewa, Vice President of the Federation of Thai Industries (FTI), Vietnam’s rapid economic growth, strategic location, and open investment policies make it one of the most attractive destinations in Asia. Meanwhile, Thailand’s developed infrastructure and strong industrial base make it a gateway for Vietnamese firms to access the broader ASEAN market.
The synergy between the two nations is expected to unlock vast opportunities in joint ventures, technology transfer, and regional supply chain integration in the years ahead.
Source: Vneconomy
05/11/2025
VN