Cathay, Taiwan’s largest conglomerate, has invested more than USD 1 billion in Vietnam and plans to commit a similar amount in the coming period. The group has operated in Vietnam for more than 20 years, focusing mainly on banking and insurance.
Excluding its stake in the joint venture Indovina Bank, Cathay’s total investment in Vietnam has surpassed USD 1 billion, centred on three pillars: banking, life insurance and non life insurance. About 30 per cent of the capital is allocated to banking, nearly 70 per cent to life insurance, with the remainder in non life insurance.
Speaking to Dantri/Dtinews, Cathay representatives described Vietnam as a key market in south east Asia, citing stable economic growth, a young population and rising technology adoption. These factors are seen as creating strong potential for modern financial services, including consumer credit, to meet increasingly diverse demand.
In the insurance sector, Asahi Life of Japan is expected to spend USD 192 million to acquire the entire capital contribution of Manulife at MVI Life. The deal marks Asahi Life’s first overseas merger and acquisition, with Vietnam chosen as a new cross border destination in 2026 due to its remaining growth potential.
Vietnam’s financial market is also attracting interest in digital assets. Dunamu, which manages one of the world’s top three cryptocurrency exchanges with transactions exceeding USD 1,100 billion, has expressed its intention to invest in Vietnam, particularly in tokenised assets, and to strengthen cooperation with domestic partners from 2026.
Beyond finance, several global FDI groups have signalled fresh commitments early in 2026. Appliance maker Aqua, through Aqua Vietnam Electric Appliance, plans to invest an additional USD 75 million to expand production and apply new technologies, with a long term investment roadmap running to 2045.
Amid ongoing global uncertainty, Vietnam continues to stand out as an FDI bright spot. According to the Ministry of Finance, the country ranks among the world’s 15 largest developing recipients of foreign direct investment.
