May 2023, new investment capital increased sharply

The above signs show that: Small and medium-sized foreign investors (FDI) continue to be interested in and confident in Vietnam's investment environment. Also according to the Foreign Investment Agency, as of May 20, 2023, the total newly registered capital, adjusted capital, and capital contribution to buy shares and purchase capital contributions (GVMCP) of foreign investors reached nearly 10.86 billion USD, equal to 92.7% compared to the same period in 2022. The realized capital of foreign investment projects is estimated at about 7.65 billion USD, down 0.8% compared to the same period in 2022.

As of May 20, 2023, the country has 37,238 valid projects with a total registered capital of nearly 447.67 billion USD. The accumulated realized capital of foreign investment projects is estimated at nearly 281.65 billion USD, equivalent to nearly 62.9% of the total registered investment capital in effect. As of May 20, 2023, the total newly registered capital, adjusted capital, and capital contribution and capital contribution of foreign investors is nearly 10.86 billion USD, equivalent to 92.7% over the same period, up 10.6 percentage points over the first 4 months of the year.

The report also pointed out that new investment projects are still 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, Bac Giang, Ho Chi Minh City, Binh Duong, Dong Nai, Bac Ninh, Hai Phong. Notably, investors from Asia, traditional investment partners still account for a large proportion (Singapore, Japan, China, Korea, etc.); accounting for 76.6% of the total investment capital of the country in 5 months.

The above figures have confirmed investors' confidence in Vietnam's investment environment and continued to make decisions to expand existing projects. Furthermore, although the export of the FDI sector decreased, it still had a trade surplus and offset the trade deficit of the domestic enterprise sector. With a trade surplus of more than 17.1 billion USD including crude oil and a trade surplus of nearly 16.3 billion USD excluding crude oil, the FDI sector has offset the trade deficit of nearly 8.9 billion USD of the domestic enterprise sector, creating a foundation to help the whole country have a trade surplus of about 8.2 billion USD.

Attracting foreign investment in the country still has positive signs and looking at it from another perspective, in the first 5 months of 2023, Vietnam's total newly granted and adjusted foreign investment capital reached nearly 316.4 million USD (equal to 93.5% over the same period). Of which, 47 projects were granted new investment registration certificates, with a total registered capital of more than 142.7 million USD (equal to 48.6% over the same period); there were 16 projects adjusted with a total additional investment capital of nearly 173.7 million USD (nearly 3.9 times higher than the same period). There were 20 countries and territories receiving investment from Vietnam in the first 5 months of 2023, led by Canada, followed by Singapore, Laos, Cuba, etc.

As of May 20, 2023, Vietnam had 1,648 valid overseas investment projects with a total Vietnamese investment capital of nearly 22.1 billion USD. Of which, there are 141 projects of state-owned enterprises, with a total overseas investment capital of nearly 11.67 billion USD, accounting for nearly 52.8% of the country's total investment capital. Vietnam's overseas investment is most concentrated in the mining sector (31.5%); agriculture, forestry and fishery (15.6%). The localities receiving the most investment from Vietnam are Laos (24.4%); Cambodia (13.3%); Venezuela (8.3%)./.

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