According to Savills Vietnam's analysis, Northern provinces and cities attracted approximately 8.63 billion USD in newly registered FDI into the manufacturing sector in the first 6 months of 2026. This figure accounts for 80.5% of the country's total newly registered manufacturing FDI.
Electronics accounts for the majority of registered capital
According to Nhan Dan Newspaper, the computer, electronic, and optical product industry attracted over 7.03 billion USD in newly registered manufacturing FDI nationwide in the first half of the year. This level accounts for approximately 66% of total newly registered manufacturing FDI.
This industry has 65 projects, with registered capital increasing by 614% compared to the same period in 2025.
The entire Northern region had 274 newly licensed manufacturing projects during the period.
Leading localities
Thai Nguyen attracted approximately 5.77 billion USD from 17 projects, accounting for more than half of the country's total newly registered manufacturing FDI. Two major projects in the province are:
- Samsung Semiconductor Asia Holdings: 4.08 billion USD. The enterprise is registered in Singapore, belonging to Samsung Group (South Korea).
- Samsung Electro-Mechanics Vietnam: 1.28 billion USD.
Bac Ninh leads the country in terms of quantity, with 111 newly licensed manufacturing projects.
In Hai Phong, LG Innotek Vietnam has a 1 billion USD expansion project.
Investment partners
According to Nhan Dan Newspaper, Singapore is the largest source of manufacturing FDI in the first 6 months of the year. A significant portion of this is linked to the operations of Samsung Group. South Korea continues to play a major role in forming electronics and high-tech industrial clusters in the North.
Insights from the consulting firm
Mr. John Campbell, Director, Head of Industrial Services at Savills Vietnam, believes that the North is forming a manufacturing ecosystem consisting of three components: industrial infrastructure, a technical workforce, and a supplier network.
According to him, investors tend to choose localities that already have large electronics corporations to leverage the existing supply network. He calls this the “multiplier effect”.
Mr. Campbell forecasts that electronics and semiconductors will continue to be the main drivers of the industrial real estate market in the coming years.
Source compiled: Savills Vietnam (via Nhan Dan Newspaper, article “North attracts over 80% of new manufacturing FDI in the first half of 2026”, author Le Anh, dated September 22, 2026).
