Newly registered FDI capital increased sharply, both in number of projects and capital.

SGGPO October 26, 2023 19:48

Foreign direct investment (FDI) in Vietnam since the beginning of the year has reached over 25.76 billion USD, up nearly 15% over the same period last year. Notably, newly registered capital increased sharply, both in terms of number of projects and capital, however, additional capital decreased.

According to the Foreign Investment Agency, Ministry of Planning and Investment, as of October 20, the total newly registered capital, adjusted capital, and capital contribution and purchase of shares and capital contributions by foreign investors (FDI) reached more than 25.76 billion USD, up 14.7% over the same period. The realized capital of foreign direct investment (FDI) projects is estimated at about 18 billion USD, up 2.4% over the same period in 2022.

Notably, newly registered capital increased sharply, both in terms of number of projects and capital, however, additional capital decreased.

Of these, 2,608 new projects were granted investment registration certificates (up 66.1% over the same period), with total registered capital reaching over 15.29 billion USD (up 54% over the same period), the highest increase since the beginning of the year.

There were 1,051 projects registering to adjust their investment capital (up 19.4% over the same period), with the total additional investment capital reaching over 5.33 billion USD (down 39% over the same period). Although the adjusted investment capital still decreased, the number of projects adjusting their capital maintained a significant increase over the same period. There were 2,836 capital contribution transactions to purchase shares by foreign investors (down 5.4% over the same period), with the total value of contributed capital reaching over 5.13 billion USD (up 35.4% over the same period).

In terms of investment partners, in the first 10 months of 2023, there were 108 countries and territories investing in Vietnam. Singapore took the lead with a total investment capital of nearly 4.65 billion USD, accounting for more than 18% of the total investment capital in Vietnam; South Korea ranked second with nearly 3.93 billion USD; Hong Kong (China) ranked third with a total registered investment capital of nearly 3.54 billion USD. Followed by China, Japan, Taiwan (China)...

In terms of the number of projects, China leads in the number of new projects (accounting for 21.7%). South Korea leads in the number of capital adjustments (accounting for 25.7%) and capital contributions and share purchases (accounting for 28.2%).

By investment location, in the first 10 months of 2023, foreign investors invested in 55 provinces and cities across the country. Quang Ninh took the lead with a total registered investment capital of nearly 3.09 billion USD, an increase of 41.3% over the same period in 2022. Hai Phong ranked second with a total registered investment capital of more than 2.8 billion USD, 2.14 times higher than the same period. Followed by Hanoi , Ho Chi Minh City, Bac Giang...

Source: https://www.sggp.org.vn/von-fdi-dang-ky-moi-tang-manh-ca-ve-so-du-an-va-so-von-post711512.html