Enhanced Attention from Swedish Notables Directed Towards Vietnam
In recent years, Vietnam has witnessed a surge of investments from Swedish companies, contributing to the growing presence of Nordic firms in the country. Here's an overview of some notable Swedish investments that are shaping the landscape of Vietnam's economy.
Swedish Investment Trends in Vietnam
Sweden has solidified its position as a major investor in Vietnam, ranking as the third-largest source of new foreign direct investment (FDI) in the first half of 2025 with $1 billion, accounting for 10.8% of all newly registered FDI capital [1][2][3].
One of the most significant investments is the Circular Textiles Hub by SYRE, a Swedish company. SYRE has invested $1 billion in a circular textiles hub in Vietnam, highlighting Sweden's interest in sustainable and innovative industries in the country [4].
Tetra Pak, a Swedish-Swiss multinational company, has also been expanding its operations globally, including in Vietnam. Although specific recent expansions by Tetra Pak in Vietnam are not detailed in the available data, Tetra Pak is known for its packaging solutions and has a significant presence in Southeast Asia [5].
There is limited information available on specific investments by Vilja and Autoliv in Vietnam.
General Trends and Implications
The increase in investments from Nordic countries, particularly Sweden and Denmark, reflects a broader strategic shift towards Southeast Asia. This trend is driven by Vietnam's stable environment, growing market, and improving infrastructure [2][3].
Many Nordic companies are investing in sustainable projects, aligning with Vietnam's goals to attract high-quality investment and promote green industries. This includes significant projects in green transition and sustainability sectors by Danish companies like Ørsted and Vestas [2][3].
To further attract investments, Vietnam is urged to enhance administrative reforms, develop specialized industrial zones, and improve regulatory frameworks for ESG (Environmental, Social, Governance) and carbon taxation [2][3].
Notable Swedish Investments in Vietnam
- Overall Investment: Sweden has become a major investor in Vietnam, ranking as the third-largest source of new foreign direct investment (FDI) in the first half of 2025 with $1 billion, accounting for 10.8% of all newly registered FDI capital [1][2][3].
- Circular Textiles Hub by SYRE: SYRE, a Swedish company, has invested $1 billion in a circular textiles hub in Vietnam. This project highlights Sweden's interest in sustainable and innovative industries in Vietnam [4].
- Tetra Pak: Tetra Pak, a Swedish-Swiss multinational company, has been expanding its operations globally, including in Vietnam. However, specific recent expansions by Tetra Pak in Vietnam are not detailed in the available data. Tetra Pak is known for its packaging solutions and has a significant presence in Southeast Asia.
- Vilja and Autoliv: There is limited information available on specific investments by Vilja and Autoliv in Vietnam.
- The plant's establishment criteria include access to green energy, access to feedstock (recyclable textile material), a pilot mechanism with a licence to import recyclable textile material from surrounding countries, an industrial park, and securing the import licence.
[1] [Link to source 1] [2] [Link to source 2] [3] [Link to source 3] [4] [Link to source 4]
- Sweden's investment in Vietnam, such as the $1 billion investment by SYRE in the Circular Textiles Hub, demonstrates the country's commitment to education-and-self-development and technology sectors through sustainable and innovative industries.
- General news reports suggest that the growth of Swedish investments, like those in Tetra Pak and potential investments from Vilja and Autoliv, are part of a larger trend of Nordic countries investing in Vietnam's education, technology, and sustainable projects, contributing to the country's economic development.