Vietnam aims to attract high-quality foreign investment

NDO - The Ministry of Finance emphasized that Vietnam is carefully preparing to welcome a new wave of investment with specific strategies and solutions. In particular, welcoming this wave has a basis for more effective implementation with the strong recovery and breakthrough of foreign direct investment (FDI) in the first quarter of 2025.

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

Besides enacting new mechanisms and policies to create incentives to attract investors to key sectors, Vietnam is simultaneously implementing solutions ranging from developing land resources and industrial park infrastructure, developing human resources and the labor market, to developing energy infrastructure and supporting industries.

Over the years, Vietnam has attracted a large volume of investment through its capital markets and foreign direct investment, making a significant contribution to economic growth.

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

Along with the growth of indirect investment, total realized foreign direct investment in 2024 reached its highest growth rate ever. These impressive results have made a positive contribution to economic growth, with GDP in 2024 reaching 7.09%, bringing the size of Vietnam's economy to US$476.3 billion, ranking 33rd in the world .

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

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

Attracting FDI 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 of the first quarter of 2025.

Specifically, the total registered FDI capital in Vietnam in the first quarter of 2025 reached US$10.98 billion, an increase of 34.7% compared to the same period in 2024. Of this, 850 new FDI projects were licensed, with registered capital reaching US$4.33 billion, an increase of 11.5% in the number of projects but a decrease of 31.5% in registered capital compared to the same period in 2024.

Of these, the manufacturing and processing industry received the largest amount of newly licensed foreign direct investment with registered capital reaching US$2.62 billion, accounting for 60.5% of the total newly registered capital; real estate business ranked second, reaching US$1.13 billion, accounting for 26.1%; and the remaining sectors accounted for US$581.5 million, or 13.4%.

Among the 53 countries and territories with newly licensed investment projects in Vietnam during the first three months of 2025, Singapore was the largest investor with US$1.32 billion; followed by China with US$1.23 billion; Japan with US$341.8 million; and the Hong Kong Special Administrative Region (China) with US$310.2 million…

In the first quarter of 2025, Vietnam also recorded 401 projects licensed in previous years that registered for investment capital adjustments, with the total additional FDI reaching US$5.16 billion, five times higher than the same period in 2024.

Including both newly registered capital and adjusted registered capital of projects licensed in previous years, FDI registered in the processing and manufacturing industry reached US$6.3 billion, accounting for 66.5% of the total newly registered and increased capital.

In the first quarter of 2025, real estate business activities attracted newly registered and increased FDI capital reaching US$2.24 billion, accounting for 23.6% of total FDI invested in Vietnam; other sectors accounted for US$943 million, or 9.9%.

In order to remove bottlenecks and unleash all resources for national development, in addition to the Party and Government's solutions on restructuring, 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 foreign investors to contribute capital and purchase shares in Vietnam, with a total capital contribution value of US$1.49 billion, an increase of 83.7% compared to the same period in 2024.

Specifically, for the form of capital contribution and share purchase by foreign investors, the processing and manufacturing industry still dominates with $487.6 million, accounting for 32.7% of the capital contribution value; professional, scientific and technological activities reached $337.2 million, accounting for 22.7%; and the remaining sectors accounted for $664.8 million, or 44.6%.

Besides the positive trend in registered FDI inflows, according to the General Statistics Office, implemented FDI in the first quarter of 2025 also showed a strong breakthrough. Specifically, implemented FDI in Vietnam in the first quarter of 2025 is estimated at US$4.96 billion, an increase of 7.2% compared to the same period in 2024. This is the highest amount of implemented foreign direct investment in the first three months of the year in the past five years. Of this, the processing and manufacturing industry reached US$4.05 billion, accounting for 81.7% of the total implemented foreign direct investment.

According to the Ministry of Finance, in order to remove bottlenecks and unleash all resources for national development, in addition to the Party and Government's solutions on restructuring, 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