Nearly $11 billion in foreign investment flowed into Vietnam in the first five months.

Total registered foreign direct investment (FDI) in Vietnam reached nearly $11 billion, a decrease of over 7% compared to the same period last year, according to the Foreign Investment Agency.

Of the foreign capital registered in Vietnam from the beginning of the year to date, newly registered capital increased by nearly 28%, reaching nearly 5.3 billion USD; investment through equity contributions and purchases reached 3.3 billion USD, an increase of more than 67% compared to the same period last year. Meanwhile, adjusted capital decreased by more than 59%, reaching only 2.3 billion USD.

The Foreign Investment Agency noted that, after five months, the situation regarding attracting foreign investment into Vietnam has improved.

According to data from the Foreign Investment Agency, projects under $1 million accounted for nearly 70% of new projects, but their capital size was only about 2.2% of the total newly registered capital in the first five months. This shows that small investors continue to be interested in the Vietnamese market, while large corporations remain cautious about investing amidst the impact of global minimum tax policies.

Among the sectors attracting investment, the processing and manufacturing industry continued to attract the most capital, exceeding $6.6 billion, accounting for 61% of the total newly registered capital.

Thanks to the deal in which a Japanese financial group spent $1.5 billion to acquire a 15% stake in VPBank , the banking and finance sector surpassed real estate, ranking second with a total investment of over $1.53 billion, a 12-fold increase compared to the same period last year.

Meanwhile, investment in real estate continued to decline, reaching only nearly $1.2 billion, a 61% decrease compared to the same period last year.

Hanoi leads the country in attracting investment capital, with nearly $1.9 billion, a 2.7-fold increase compared to the same period last year. This is followed by Bac Giang with over $1 billion, a 2.4-fold increase compared to the same period in 2022.

Foreign investors from Singapore, Japan, and China continued to pour the most capital into Vietnam in the past five months, with $2.5 billion, $2.1 billion, and $1.6 billion respectively.

Mr. Minh

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