Registered foreign investment capital in Vietnam in 10 months reached 15.29 billion USD, up 66.1%

According to the General Statistics Office, in the first 10 months of 2023, the processing and manufacturing industry was granted the largest new foreign direct investment license with registered capital reaching 13.27 billion USD, accounting for 86.7% of the total newly registered capital; real estate business activities reached 756 million USD, accounting for 4.9%; the remaining industries reached 1.3 billion USD, accounting for 8.4%.

Among the 68 countries and territories with newly licensed investment projects in Vietnam in the first 10 months of 2023, Hong Kong Special Administrative Region (China) is the largest investor with 3.1 billion USD, accounting for 20.3% of the total newly registered capital. Next is Singapore with 3.09 billion USD, accounting for 20.2%. China with 2.51 billion USD, accounting for 16.5%. Taiwan with 2 billion USD, accounting for 13.1%. South Korea with 1.67 billion USD, accounting for 10.9%. Japan with 725.4 million USD, accounting for 4.7%.

Foreign investment in Vietnam (Illustration photo: Baochinhphu).

Adjusted registered capital: 1,051 licensed projects from previous years registered to adjust investment capital by an additional 5.33 billion USD, down 39% over the same period last year.

According to the General Statistics Office, if including newly registered capital and adjusted registered capital of licensed projects from previous years, foreign direct investment capital registered in the processing and manufacturing industry reached 17.53 billion USD, accounting for 85% of the total newly registered and increased capital; real estate business activities reached 902 million USD, accounting for 4.4%; the remaining industries reached 2.19 billion USD, accounting for 10.6%.

There were 2,836 registered capital contributions and share purchases by foreign investors with a total capital contribution value of 5.13 billion USD, up 35.4% over the same period last year. Of these, 1,075 capital contributions and share purchases increased the charter capital of enterprises with a capital contribution value of 1.77 billion USD and 1,761 foreign investors bought back domestic shares without increasing the charter capital with a value of 3.37 billion USD.

Regarding capital contribution and share purchase by foreign investors, investment capital in finance, banking and insurance activities reached 1.53 billion USD, accounting for 29.9% of capital contribution value; processing and manufacturing industry reached 1.31 billion USD, accounting for 25.4%; the remaining industries reached 2.29 billion USD, accounting for 44.7%.

Foreign direct investment realized in Vietnam in the first 10 months of 2023 is estimated at 18 billion USD, up 2.4% over the same period last year.

“This is the highest realized foreign direct investment capital of 10 months in the past 5 years. Of which, the processing and manufacturing industry reached 14.81 billion USD, accounting for 82.3% of the total realized foreign direct investment capital; the production and distribution of electricity, gas, hot water, steam and air conditioning reached 1.1 billion USD, accounting for 6.1%; real estate business activities reached 860.5 million USD, accounting for 4.8%,” the General Statistics Office said.

Vietnam's overseas investment in the first 10 months of 2023 had 95 projects newly granted investment certificates with a total capital of Vietnam's side of 251.2 million USD, down 36.6% over the same period last year; there were 19 projects adjusting capital with the adjusted capital increasing by 173 million USD, nearly 2.8 times.

In total, Vietnam's total investment capital abroad (newly granted and adjusted capital) reached 424.4 million USD, down 6.1% over the same period last year. Of which: Wholesale and retail, repair of automobiles, motorcycles, motorbikes and other motor vehicles reached 151.6 million USD, accounting for 35.7% of total investment capital; information and communication reached 119.4 million USD, accounting for 28.1%; production and distribution of electricity, gas, hot water, steam and air conditioning reached 84.4 million USD; accounting for 19.9%.

In the first 10 months of 2023, 24 countries and territories received investment from Vietnam, of which: Canada was the leading country with 150.2 million USD, accounting for 35.4% of total investment capital; Singapore 120.1 million USD, accounting for 28.3%; Laos 115.2 million USD, accounting for 27.1%; Cuba reached 11.8 million USD, accounting for 2.8%; Israel 6.1 million USD, accounting for 1.4%.

PHAM DUY

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