According to the Foreign Investment Agency, Ministry of Planning and Investment , as of February 20, 2024, the total newly registered capital, adjusted capital, and capital contribution to buy shares and purchase capital contributions (GVMCP) of foreign investors reached more than 4.29 billion USD, an increase of 38.6% over the same period in 2023. The realized capital of foreign investment projects is estimated at about 2.8 billion USD, an increase of 9.8% over the same period in 2023.
As of February 20, 2024, the country has 39,553 valid projects with a total registered capital of nearly 473.1 billion USD. The accumulated realized capital of foreign investment projects is estimated at nearly 300 billion USD, equivalent to 63.4% of the total registered investment capital in effect. As of February 20, 2024, it is estimated that foreign investment projects have disbursed about 2.8 billion USD, an increase of 9.8% over the same period in 2023.
Foreign investors have invested in 16 out of 21 sectors of the national economy . Of which, the processing and manufacturing industry leads with a total investment capital of nearly 2.54 billion USD; the real estate business sector ranks second with a total investment capital of nearly 1.41 billion USD. Next are the wholesale and retail sectors; professional activities, science and technology with a total registered capital of 125.2 million USD and nearly 76.4 million USD, respectively, and the rest are other sectors.
In terms of number of projects, the processing and manufacturing industry is the leading industry in terms of new projects (accounting for 39.2%) and capital adjustment (accounting for 62.3%).
According to the Foreign Investment Agency, 48 countries and territories have invested in Vietnam in the first two months of 2024. Of which, Singapore leads with a total investment capital of more than 2.08 billion USD; Hong Kong (China) ranks second with nearly 525.7 million USD; followed by Japan, China... In terms of the number of projects, China is the leading partner in the number of new investment projects (accounting for 32.3%); South Korea leads in the number of capital adjustments (accounting for 25.8%).
Foreign investors invested in 38 provinces and cities across the country in the first two months of 2024. Hanoi led with a total registered investment capital of nearly 914.4 million USD; Quang Ninh ranked second with a total registered investment capital of more than 471.1 million USD; followed by Thai Nguyen, Ba Ria - Vung Tau, Bac Ninh... However, in terms of the number of projects, Ho Chi Minh City led the country in both the number of new projects (accounting for 35.6%) and capital adjustment (accounting for 18.9%).
In general assessment of foreign investment attraction in the past 2 months, the Foreign Investment Agency assessed that the total registered investment capital in the first 2 months of 2024 continued to increase compared to the same period (up 38.6%), but the increase decreased slightly by 1.6 percentage points compared to January 2024. Investment capital is concentrated in provinces and cities with many advantages in attracting foreign investment (good infrastructure, stable human resources, efforts to reform administrative procedures and dynamism in investment promotion, etc.) such as Hanoi, Quang Ninh, Thai Nguyen, Ba Ria - Vung Tau, Bac Ninh, Dong Nai, Bac Giang, Ho Chi Minh City, Hai Phong, Hung Yen. These 10 localities alone accounted for 74.3% of new projects and 81.7% of the country's investment capital in the first 2 months of 2024.
The largest investment partners in the first two months of the year were all traditional partners of Vietnam and came from Asia. The top 5 countries (Singapore, Hong Kong (China), Japan, China, South Korea) alone accounted for 77% of new investment projects and nearly 85.5% of the total registered investment capital of the country.
Notably, new investment increased sharply in both the number of projects and total registered capital. With a 55.2% increase in the number of projects and a number of large projects with investment capital of hundreds of millions of USD newly registered, the total newly registered investment capital in the first two months of 2024 was more than double that of the same period and increased by 36.9 percentage points compared to January 2024.
In particular, although adjusted investment capital still decreased compared to the same period, the decrease rate improved compared to January. The number of projects adjusting capital also increased by 19.5% compared to the same period, instead of decreasing by 15.7% compared to the same period in January, which shows that foreign investors continue to trust and expand production and business in Vietnam.
In addition, the export of the FDI sector in the first two months of 2024 increased sharply compared to the same period and compared to January 2024. The FDI sector had a trade surplus of over 8.9 billion USD including crude oil and a trade surplus of over 8.6 billion USD excluding crude oil, offsetting the trade deficit of 4.29 billion USD of the domestic enterprise sector, which was a support to help the whole country have a trade surplus of about 4.63 billion USD in the first two months of the year.
In parallel, as of February 20, 2024, the country has 39,553 valid projects with a total registered capital of 473.1 billion USD. The accumulated realized capital of foreign direct investment projects is estimated at nearly 300 billion USD, equivalent to nearly 63.4% of the total registered investment capital in effect.
In addition, in the first two months of 2024, Vietnamese investors invested in 17 new investment projects abroad and did not adjust investment capital for existing projects. Vietnam's total investment capital abroad reached more than 25 million USD (equal to 21.7% over the same period). Vietnamese investors invested abroad in 8 industries and 11 countries and territories received investment from Vietnam in the first two months of 2024. The countries attracting the most investment from Vietnam were the United States (26.6%); New Zealand (23.5%); Germany (21.5%); Laos; China... Accumulated to February 20, 2024, Vietnam had 1,716 valid investment projects abroad with a total investment capital of nearly 22.12 billion USD. Vietnam's overseas investment is mostly concentrated in the mining sector (31.5%); agriculture, forestry and fishery (15.5%). The localities receiving the most investment from Vietnam are Laos (24.8%); Cambodia (13.2%); Venezuela (8.3%);…/.
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