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Foreign investment attraction situation in 2024 (See photo news) (See video news)

(MPI) – By the end of 2024, the total newly registered, adjusted, and contributed capital to buy shares and purchase capital contributions (GVMCP) by foreign investors (FDI) reached nearly 38.23 billion USD, down 3% over the same period in 2023.

Bộ Tài chínhBộ Tài chính06/01/2025

Specifically, there are 3,375 new investment projects (up 1.8% compared to 2023), total registered capital reaching more than 19.7 billion USD (down 7.6% compared to 2023); there are 1,539 projects registering to adjust investment capital (up 11.2% compared to 2023), total additional investment capital reaching nearly 14 billion USD (up 50.4% compared to 2023); there are 3,502 GVMCP transactions of foreign investors (down 2.4% compared to 2023), total capital contribution value reaching nearly 4.54 billion USD (down 48.1% compared to 2023).

Foreign investors have invested in 18 out of 21 sectors of the national economy . Of which, the processing and manufacturing industry leads with a total investment capital of nearly 25.58 billion USD, accounting for 66.9% of the total registered investment capital, up 1.1% compared to 2023. The real estate business industry ranks second with a total investment capital of 6.31 billion USD, accounting for 16.5% of the total registered investment capital, up 18.8% compared to 2023. Next are the electricity production, distribution and wholesale and retail industries with a total registered capital of more than 1.42 billion USD and nearly 1.41 billion USD, respectively; the rest are other industries such as construction, transportation, warehousing, information and communications, etc.

In terms of the number of projects, wholesale and retail is the leading industry in terms of the number of new projects (accounting for 34.7%) and the number of GVMCP transactions (accounting for 40.9%). The processing and manufacturing industry leads in the number of capital adjustment projects (accounting for 63.8%).

There were 114 countries and territories investing in Vietnam in 2024. Of which, Singapore took the lead with a total investment capital of nearly 10.21 billion USD, accounting for more than 26.7% of total investment capital, up 31.4% compared to 2023. Korea ranked second with nearly 7.06 billion USD, accounting for 18.5% of total investment capital, up 37.5% compared to 2023. Followed by China, Hong Kong, Japan, ...

In terms of number of projects, China is the leading partner in terms of new investment projects (accounting for 28.3%); South Korea leads in terms of capital adjustments (accounting for 22.8%) and GVMCP (accounting for 25.2%).

Foreign investors invested in 56 provinces and cities across the country in 2024. Bac Ninh led with a total registered investment capital of nearly 5.12 billion USD, accounting for 13.4% of the total investment capital nationwide, more than 2.8 times higher than the same period. Hai Phong ranked second with more than 4.94 billion USD, accounting for 12.9% of the total registered investment capital, an increase of 42.4% compared to 2023. Ho Chi Minh City ranked third with a total registered investment capital of more than 3.04 billion USD, accounting for nearly 8% of the total investment capital nationwide, a decrease of 49.4% compared to 2023. Followed by Quang Ninh, Hanoi, Binh Duong , ...

In terms of number of projects, Ho Chi Minh City leads the country in terms of number of new projects (accounting for 42%), number of capital adjustment projects (accounting for 15.4%) and GVMCP (accounting for 69%).

In 2024, it is estimated that foreign investment projects will disburse about 25.35 billion USD, an increase of 9.4% compared to 2023.

Exports including crude oil are estimated to reach nearly 290.9 billion USD, up 12.3% compared to 2023, accounting for nearly 71.7% of export turnover. Exports excluding crude oil are estimated to reach more than 289.2 billion USD, up 12.5% compared to 2023, accounting for more than 71.3% of the country's export turnover.

Imports of the FDI sector are estimated to reach nearly 241.6 billion USD, up 15.1% compared to 2023 and accounting for 63.2% of the country's import turnover.

In 2024, the FDI sector will have a trade surplus of nearly 50.3 billion USD including crude oil and a trade surplus of more than 48.6 billion USD excluding crude oil. Meanwhile, the domestic enterprise sector will have a trade deficit of more than 25.5 billion USD./.

Source: https://www.mpi.gov.vn/portal/Pages/2025-1-6/Foreign Investment Intensification-2024-5ihdt0.aspx


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