SMC Manufacturing Vietnam, a subsidiary of Japanese pneumatic instrument producer SMC, is investing an additional $330 million in Dong Nai province, increasing its total investment in Vietnam to nearly $1 billion. This makes SMC one of the largest Japanese investors in the region.
The investment, focused on automotive manufacturing and assembly at Long Duc Industrial Park, was the largest among 14 projects granted investment certificates by Dong Nai authorities on February 7.
SMC’s expansion aligns with its global production strategy. In May 2024, SMC President Yoshiki Takada announced plans to shift mass production to Vietnam while keeping Chinese factories focused on the local market. The move aims to mitigate geopolitical risks and address rising labor costs in China.
Several international companies also secured investment approvals at the event:
Japan’s Murata Manufacturing – $25 million additional investment, bringing its total to $41 million
Vietnam’s FDI inflows remained strong in early 2025, with $4.33 billion registered in January (up 48.6% year-on-year). Disbursed FDI capital reached $1.51 billion (up 2%).
The top investment destinations were:
With major players like SMC, Olympus, and Murata Manufacturing increasing their presence, Vietnam continues to solidify its position as a key destination for high-tech and industrial investments.
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Service detailLast week, FIBIC had the honor of engaging in significant dialogues with two influential industry associations in Shenzhen. This collaboration is geared toward fostering Foreign Direct Investment (FDI) from China into Vietnam's thriving industrial landscape. Here is a closer look at the first leg of our trip.
On July 3rd, 2024, FIBIC welcomed a group of business delegation from our key partners: Shenzhen Industry Convergence Promotion Association (SZICPA) and Hong Kong Technology Innovation & Integration Association (HKTII) to visit Vietnam and find out about the investment opportunities in the country. We had arranged the whole trip for the delegation including several meaningful and practical activities such as: site tours to different industrial parks, ready-built facilities, construction sites, meetings & dinner networking.
In today’s rapidly evolving global market, Vietnam stands as a vibrant hub for industrial development and foreign investment. With its strategic location, robust economic policies, and a welcoming business environment, Vietnam offers unparalleled opportunities for investors from around the world, particularly from China, Hong Kong, and other key regions.
