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In the first half of 2023, more than 13.4 billion USD of FDI capital was 'poured' into Vietnam

VietNamNetVietNamNet29/06/2023


According to the Foreign Investment Agency ( Ministry of Planning and Investment ), from the beginning of the year to June 20, the total registered foreign investment capital in Vietnam reached more than 13.43 billion USD, equal to 95.7% over the same period.

Of which, newly registered capital reached over 6.49 billion USD, up 31.3% over the same period; adjusted capital reached 2.93 billion USD, down 57.1% over the same period. Investment capital through capital contribution and share purchase reached over 4.01 billion USD, up 76.8% over the same period.

The Foreign Investment Agency said that the implemented investment capital of foreign investment projects increased slightly by 0.5% compared to the same period last year after continuously decreasing in the first 5 months of the year. This shows that the drastic solutions of the Government and the Prime Minister in the first months of the year have supported and removed difficulties for enterprises to implement the disbursement of investment capital.

“Although total registered investment capital still decreased compared to the same period, the decrease was lower than in previous months,” the Foreign Investment Agency assessed.

Foreign investment capital structure in the first 6 months of the year. (Source: Foreign Investment Agency, Ministry of Planning and Investment)

Meanwhile, new investment capital continued to increase more strongly than the increase in the first 5 months of the year. The number of new investment projects increased slightly compared to the first 5 months and increased sharply compared to the same period.

The growth rate of new projects is greater than the growth rate of total investment capital, which shows that small and medium-sized foreign investors continue to be interested in and trust Vietnam's investment environment.

Along with that, as of June 20, 2023, it is estimated that foreign investment projects have disbursed about 10.02 billion USD; a slight increase of 0.5% over the same period in 2022, an increase of 1.3 percentage points compared to the first 5 months of the year.

FDI capital flows into 18 industries and sectors in Vietnam. Of which, the processing and manufacturing industry leads with a total investment capital of more than 8.46 billion USD, accounting for nearly 63% of the total registered investment capital and down 4.2% over the same period.

The financial and banking sector ranked second with a total investment capital of more than 1.53 billion USD, accounting for more than 11.4% of total registered investment capital.

In the first 6 months of 2023, FDI capital poured into Vietnam was more than 13.4 billion USD. (Photo: Hoang Ha)

Next are real estate business, professional activities, science and technology ranked 3rd and 4th with total registered capital reaching 1.53 billion USD and more than 630.6 million USD respectively.

In terms of investment partners, in the first 6 months of 2023, there were 90 countries and territories investing in Vietnam.

Of which, Singapore leads with a total investment capital of more than 3 billion USD, accounting for more than 22.3% of the total investment capital in Vietnam, down 27.5% compared to the same period in 2022.

Japan ranked second with nearly 2.21 billion USD, accounting for 16.4% of total investment capital, nearly 2.1 times higher than the same period.

China ranked third with a total registered investment capital of more than 1.95 billion USD, accounting for 14.5% of total investment capital, up 53.5% over the same period...

In terms of investment locations, Hanoi leads with a total registered investment capital of nearly 2.27 billion USD, accounting for nearly 16.7% of the total registered investment capital and more than 3 times higher than the same period in 2022.

Ho Chi Minh City surpassed Bac Giang to rank second with a total registered investment capital of more than 1.39 billion USD, accounting for nearly 10.4% of the total investment capital of the country, down 37.1% over the same period; followed by Bac Giang, Binh Duong, Hai Phong...

FDI enterprises in Hai Duong want a more streamlined investment process . Administrative procedure reform is a hot issue that FDI enterprises are interested in and have reported to the leaders of Hai Duong province. Enterprises want a streamlined investment process, clear regulations on fire prevention and fighting, and registration procedures for foreign workers.


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