Foreign direct investment (FDI) flowing into real estate increased by 89%.

(Dan Tri Newspaper) - Total registered FDI capital in the first 11 months reached US$31.4 billion, of which VND 5.63 billion flowed into the real estate business sector, an increase of 89.1% compared to the same period last year.

According to data from the Foreign Investment Agency, in the first 11 months of this year, the total registered capital for new projects, adjustments, and capital contributions through share purchases and equity investments by foreign investors reached nearly US$31.4 billion, an increase of 1% compared to the same period in 2023.

Specifically, regarding new registrations, 3,035 new projects were granted investment registration certificates, an increase of 1.6% compared to the same period last year, with a total registered capital of nearly US$17.39 billion, an increase of 0.7%. In addition, there were 1,350 projects that registered adjustments to their investment capital, an increase of 12.9%; the total additional registered capital reached over US$9.93 billion, an increase of 40.7%.

However, in terms of capital contributions and share purchases, there were 3,029 transactions, a decrease of 7% compared to the same period. The total value of capital contributions reached nearly $4.06 billion, a sharp decrease of 39.7%.

Foreign investors have invested in 18 out of the 21 national economic sectors. Of these, the manufacturing industry led with a total investment of nearly US$20.2 billion, accounting for almost 64.4% of the total registered investment, a decrease of 8.7% compared to the same period last year.

Notably, the real estate business sector ranked second with a total investment of nearly US$5.63 billion, accounting for over 17.9% of the total registered investment capital, an increase of 89.1% compared to the same period. This was followed by the wholesale and retail trade sector; and the electricity production and distribution sector, with total registered capital reaching nearly US$1.37 billion and over US$1.12 billion respectively. The remaining investments were made in other sectors.

Statistics show that 110 countries and territories invested in Vietnam during the first 11 months of this year. Singapore led with a total investment of nearly US$9.14 billion, accounting for over 29.1% of total investment, a 53.7% increase compared to the same period in 2023. South Korea ranked second with over US$3.89 billion, accounting for 12.4% of total investment, a 9% decrease compared to the same period. Following them were China, Hong Kong, Japan, and others.

In terms of the number of projects, China is the leading partner in the number of new investment projects (accounting for 28.3%); South Korea leads in the number of capital adjustments (accounting for 22.4%) and equity investments (accounting for 25%).

Foreign direct investment (FDI) flowed into 55 provinces and cities nationwide during the past 11 months. Bac Ninh led with a total registered investment of nearly US$5.04 billion, accounting for 16% of the national total, more than three times higher than the same period last year. Following closely behind was Quang Ninh with over US$2.29 billion, representing 7.3% of the total registered investment, a decrease of 26.3% compared to the same period last year.

Ho Chi Minh City ranked third with a total registered investment capital of over US$2.28 billion, accounting for nearly 7.3% of the total investment capital nationwide. The next positions were held by Hai Phong, Hanoi , Binh Duong, etc. In terms of the number of projects, Ho Chi Minh City led the country in both the number of new projects (accounting for 42.3%), the number of projects with adjusted capital (accounting for 14.7%), and capital contributions through share purchases (accounting for 70.9%).

After 11 months, the disbursed capital of FDI projects is estimated at approximately US$21.68 billion, an increase of 7.1% compared to the same period in 2023.

As of November 30th, the whole country had 41,720 active FDI projects with a total registered capital of US$496.7 billion. The cumulative implemented capital of FDI projects is estimated at nearly US$318.9 billion, equivalent to 64.2% of the total registered investment capital still in effect.

Source: https://dantri.com.vn/bat-dong-san/von-fdi-chay-vao-bat-dong-san-tang-89-20241207100751399.htm