TikTok Invests 125 Million Dollars as Ho Chi Minh City FDI Surges 220 Percent

Ho Chi Minh City secured nearly 2.9 billion USD in foreign direct investment (FDI) during the first three months of 2026, a staggering 220 percent increase compared to the previous year. This rapid growth highlights a strengthening of investor confidence as the city targets a total of 11 billion USD in FDI for the full year. According to report from Dtinews, the surge was bolstered by a wave of new projects in the information and communications sectors.

A primary driver of this quarterly success is a 125 million USD investment from TikTok PTE LTD of Singapore to establish TikTok Shop Vietnam. This newly licensed project represents a significant deepening of the platform's presence in the country. The investment is specifically designed to transition three key services from offshore provision to local onshore operations at the newly established Vietnam International Financial Centre (VIFC-HCMC).

By moving these activities to the city's financial heart, TikTok aims to streamline its regional footprint while tapping into local expertise. The three business entities being established will focus on logistics services, digital payments, and digital commerce. This move follows strategic meetings between TikTok executives and city authorities held late last year to discuss the platform's long-term integration into the Vietnamese market.

Beyond TikTok, the city's financial landscape was bolstered by a massive 1.7 billion USD capital injection into VLD Investment and Financial Joint Stock Company by an Indonesian investor. Other significant projects include an 81 million USD manufacturing facility by Techtronic Tools and an 80 million USD expansion by MSD Animal Health from the Netherlands. These contributions highlight a diverse range of international interest spanning from finance to high-tech processing.

Local authorities report that these investments align with the city's new strategy to prioritize high technology, innovation, and green growth. By accelerating administrative reforms, the government hopes to maintain this momentum and insulate the local economy from global supply chain volatility. The city also recorded its fastest economic growth in five years this quarter, signaling a broader recovery across the logistics and services sectors.