Vietnam aims to attract high-quality foreign investment

Vietnam is proactively preparing to welcome a new wave of investment. (Photo: Contributor)

In addition to issuing new mechanisms and policies to create incentives to attract investors to key sectors, Vietnam is synchronously implementing solutions from developing land funds and industrial park infrastructure systems, developing human resources and labor markets, developing energy infrastructure as well as supporting industries.

Over the years, Vietnam has attracted large volumes of investment capital through the capital market and through foreign direct investment, making important contributions to economic growth.

2024 marks a successful year for the economy and capital market with total mobilized capital reaching nearly VND 930 trillion, 1.3 times higher than in 2023, equivalent to 25% of total social investment capital. In 2024, the capitalization of the stock market will reach 62.5% of GDP, and outstanding debt of the bond market will reach 31.5% of GDP. Foreign investors have opened nearly 48,000 investment accounts with a total transaction value of nearly VND 1.1 million billion, foreign institutional investors account for 20.7% of the total number of institutional investors in the market.

Along with the growth of indirect investment capital, the total foreign direct investment capital realized in 2024 reached the highest growth rate ever. These impressive results have contributed positively to economic growth, with GDP in 2024 reaching 7.09%, bringing the size of Vietnam's economy to 476.3 billion USD, ranking 33rd in the world .

Despite the above positive results, for stock investment funds, the total asset value is still modest compared to its potential, accounting for only 6.5% of GDP, while Thailand is at 21% of GDP and Malaysia is 52% of GDP.

Direct investment activities still face difficulties in administrative procedures, taxes, customs and foreign exchange...

FDI attraction in the first quarter of 2025 is one of the bright spots in our country's economic picture. (Illustration photo)

According to the General Statistics Office, Ministry of Finance , attracting foreign direct investment   (FDI) is considered one of the bright spots in the economic picture in the first quarter of 2025.

Specifically, the total registered FDI capital invested in Vietnam in the first quarter of 2025 reached 10.98 billion USD, an increase of 34.7% over the same period in 2024. Of which, 850 newly licensed FDI projects, with registered capital reaching 4.33 billion USD, an increase of 11.5% in the number of projects and a decrease of 31.5% in registered capital compared to the same period in 2024.

Of which, the processing and manufacturing industry was newly licensed with the largest foreign direct investment with registered capital reaching 2.62 billion USD, accounting for 60.5% of the total newly registered capital; real estate business ranked second, reaching 1.13 billion USD, accounting for 26.1%; the remaining industries reached 581.5 million USD, accounting for 13.4%.

Among 53 countries and territories with newly licensed investment projects in Vietnam in the first 3 months of 2025, Singapore is the largest investor with 1.32 billion USD; followed by China with 1.23 billion USD; Japan with 341.8 million USD; Hong Kong Special Administrative Region (China) with 310.2 million USD...

In the first quarter of 2025, Vietnam also recorded 401 projects licensed in previous years registering to adjust investment capital, with the total additional FDI capital reaching 5.16 billion USD, 5 times higher than the same period in 2024.

If including newly registered capital and adjusted registered capital of licensed projects from previous years, registered FDI capital in the processing and manufacturing industry reached 6.3 billion USD, accounting for 66.5% of the total newly registered and increased capital.

In the first quarter of 2025, real estate business attracted newly registered and increased FDI of 2.24 billion USD, accounting for 23.6% of total FDI capital invested in Vietnam; the remaining industries reached 943 million USD, accounting for 9.9%.

In order to clear bottlenecks and free up all resources for national development, in addition to the Party and Government's solutions on streamlining and improving the efficiency of the administrative apparatus, Vietnam focuses on mobilizing all domestic and foreign resources, including investment capital through attracting investment funds and foreign direct investment.

Also in the first quarter of 2025, there were 810 registrations for capital contribution and share purchase by foreign investors in Vietnam with a total capital contribution value of 1.49 billion USD, an increase of 83.7% over the same period in 2024.

In particular, in the form of capital contribution and share purchase by foreign investors, the processing and manufacturing industry still dominates with 487.6 million USD, accounting for 32.7% of the capital contribution value; professional activities, science and technology reached 337.2 million USD, accounting for 22.7%; the remaining industries reached 664.8 million USD, accounting for 44.6%.

In addition to the improvement in registered FDI capital, according to the assessment of the General Statistics Office, FDI capital realized in the first quarter of 2025 also created a strong breakthrough. Specifically, FDI capital realized in Vietnam in the first quarter of 2025 is estimated at 4.96 billion USD, up 7.2% over the same period in 2024. This is the highest amount of foreign direct investment capital realized in the first 3 months of the year in the past 5 years. Of which, the processing and manufacturing industry reached 4.05 billion USD, accounting for 81.7% of the total foreign direct investment capital realized.

Also according to the Ministry of Finance, in order to clear bottlenecks and free up all resources for national development, in addition to the Party and Government's solutions on streamlining and improving the efficiency of the administrative apparatus, Vietnam focuses on mobilizing all domestic and foreign resources, including investment capital through attracting investment funds and foreign direct investment.

Source: https://nhandan.vn/viet-nam-huong-toi-thu-hut-du-tu-nuoc-ngoai-chat-luong-cao-post876978.html