Revealing the only province in Vietnam with FDI capital exceeding the 3 billion USD mark

As of August 31, the total registered foreign investment (FDI) capital in Vietnam reached more than 20.5 billion USD, an increase of 7% over the same period in 2023. Bac Ninh continued to lead the country with a total registered investment capital of nearly 3.47 billion USD, nearly 3 times higher than the same period, and was the only locality to record a total registered FDI capital exceeding 3 billion USD in 7 months.

According to Ministry of Planning and Investment , both capital FDI registered and implemented capital both increased compared to the same period last year. FDI projects disbursed 14.15 billion USD, up 8%. Meanwhile, Capital contribution and share purchase transactions by foreign investors continued to decline. The total value of capital contribution reached nearly 2.81 billion USD (down 40.9% over the same period).

More than 69% FDI capital investment in the processing and manufacturing industry (14.17 billion USD). The real estate business ranked second with a total investment capital of more than 3.36 billion USD. Followed by the wholesale and retail sectors; professional activities, science and technology.

More than 69% of FDI capital is invested in the processing and manufacturing industry.

94 countries and territories have invested in Vietnam, of which Singapore leading with a total investment capital of more than 6.79 billion USD, accounting for nearly 33.1% of total investment capital, an increase of 75.5% over the same period in 2023.

Hong Kong - China ranked second with 2.4 billion USD; followed by Japan, China, Korea, etc.

The largest investment partners in the first 8 months were all traditional partners of Vietnam, coming from Asia. The top 5 countries and territories, including Singapore, Hong Kong - China, Japan, China, and South Korea, accounted for 74% of new investment projects and 77.1% of the total registered investment capital of the country.

FDI investors poured capital into 54 provinces and cities, of which, Bac Ninh leading with a total registered investment capital of nearly 3.47 billion USD (accounting for 16.9% of the total investment capital of the country, nearly 3 times higher than the same period). This is also the only locality in the country to record a total FDI capital registered to exceed the 3 billion USD mark in 7 months, nearly double that of the second-ranked locality, Quang Ninh (1.78 billion USD).

Besides the In addition to traditional partners, Bac Ninh has also expanded cooperation and investment promotion with many large enterprises and corporations from many countries. Some large corporations have continued to make new investments or expand their investment scale in the province, such as: Goertek, Amkor, Foxconn, Suntory Pepsico, Victory Giant Technology, etc.

The top 10 localities include: Bac Ninh, Quang Ninh, Ho Chi Minh City, Ba Ria - Vung Tau, Hanoi, Hai Phong, Binh Duong, Dong Nai, Bac Giang, Thai Nguyen. Accumulated to August 31, the whole country has 41,142 foreign investment project still in effect with a total registered capital of 491.3 billion USD. The accumulated realized capital of foreign investment projects is estimated at about 311.3 billion USD, equal to 63.4% of the total registered investment capital still in effect.

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