As of June 20, the total newly registered, adjusted, and contributed capital for shares and capital contributions by foreign investors reached nearly 15.2 billion USD, up 13.1% over the same period in 2023. The realized capital of foreign investment projects is estimated at about 10.84 billion USD, up 8.2% over the same period in 2023.

In particular, many large projects in the fields of semiconductors, energy (production of batteries, photovoltaic cells, silicon bars), production of components, electronic products, and products with high added value received new investment and capital expansion in the first 6 months of the year.

FDI capital is 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) such as Bac Ninh, Ba Ria - Vung Tau , Quang Ninh, Hanoi, Hai Phong, Ho Chi Minh City, Dong Nai,... and mainly comes from traditional partners such as Singapore, Japan, Hong Kong (China), Korea, China...

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Foreign investment increased sharply. Photo: Nam Khanh

As of June 20, the country had 40,544 valid foreign investment projects with a total registered capital of 484.77 billion USD. The accumulated realized capital of foreign investment projects is estimated at about 308 billion USD, equivalent to 63.5% of the total registered investment capital in effect.

According to the current assessment of many domestic and foreign financial institutions, Vietnam's prospects for attracting FDI this year will maintain a positive pace thanks to three core factors, including: the important and increasingly consolidated role in the supply chain diversification strategy of multinational manufacturers; Vietnam's economic growth recovering more positively this year; stable macro-economy.

Vietnam has a lot of potential for investment in cutting-edge industries. The technology sector is undergoing a lot of innovation and digitization. Similarly, the renewable energy sector is gaining traction, with an increasing focus on clean energy sources such as solar and wind power to sustainably enhance Vietnam’s electricity supply.

Vietnam's position in the electricity and electronics supply chain is increasingly consolidated, so there is a tendency for many corporations producing electronic products to come to Vietnam.

Investor confidence in Vietnam continues to be strengthened, existing investors believe in the Government 's policies and the future development of Vietnam's economy, and many investors consider Vietnam an attractive destination with great potential and room for growth in the medium and long term.

Why don't Intel and LG choose Vietnam to continue investing in billion-dollar projects? Foreign corporations such as Intel, LG,... come to Vietnam to survey investment, but then decide to invest in billion-dollar projects in other countries.