Hanoi leads in attracting FDI in the first two months of the year
As of February 20, 2024, the total newly registered, adjusted and contributed capital for share purchase and capital contribution purchase (GVMCP) by foreign investors reached more than 4.29 billion USD, an increase of 38.6% over the same period in 2023. The realized capital of FDI projects is estimated at about 2.8 billion USD, an increase of 9.8% over the same period in 2023.
As of February 20, 2024, the country has 39,553 valid projects with a total registered capital of nearly 473.1 billion USD. The accumulated realized capital of foreign investment projects is estimated at nearly 300 billion USD, equivalent to 63.4% of the total registered investment capital in effect.
Foreign investors have invested in 16 out of 21 sectors of the national economy .
Of which, the processing and manufacturing industry took the lead with a total investment capital of nearly 2.54 billion USD, accounting for 59.1% of the total registered investment capital and increasing by 16.8% over the same period. The real estate business sector ranked second with a total investment capital of nearly 1.41 billion USD, accounting for 32.7% of the total registered investment capital, 3.5 times higher than the same period. Next were the wholesale and retail sectors; professional activities, science and technology with a total registered capital of 125.2 million USD and nearly 76.4 million USD, respectively. The rest were other sectors.
In terms of the number of projects, the processing and manufacturing industry is the leading industry in terms of the number of new projects (accounting for 39.2%) and capital adjustment (accounting for 62.3%). The wholesale and retail industry leads in the highest number of GVMCP transactions (43.9%).
According to the Foreign Investment Agency, there were 48 countries and territories investing in Vietnam in the first two months of 2024. Of which, Singapore took the lead with a total investment capital of more than 2.08 billion USD, accounting for 48.5% of the total investment capital, 2.1 times higher than the same period in 2023. Hong Kong (China) ranked second with nearly 525.7 million USD, accounting for 12.2% of the total investment capital, nearly 5.1 times higher than the same period. Followed by Japan, China...
In terms of number of projects, China is the leading partner in terms of new investment projects (accounting for 32.3%). South Korea leads in terms of capital adjustment (accounting for 25.8%) and GVMCP (accounting for 28.9%).
Foreign investors invested in 38 provinces and cities across the country in the first two months of 2024. Hanoi took the lead with a total registered investment capital of nearly 914.4 million USD, accounting for 21.3% of the total registered investment capital and 24.4 times higher than the same period in 2023. Quang Ninh ranked second with a total registered investment capital of more than 471.1 million USD, accounting for nearly 11% of the total investment capital nationwide. Followed by Thai Nguyen, Ba Ria - Vung Tau, Bac Ninh...
In terms of number of projects, Ho Chi Minh City leads the country in terms of new projects (accounting for 35.6%), capital adjustment (accounting for 18.9%) and GVMCP (accounting for 71.1%).
Vietnam invests more than 25 million USD abroad
In the first two months of 2024, Vietnamese investors invested in 17 new investment projects abroad and did not adjust investment capital for existing projects. Vietnam's total investment capital abroad reached more than 25 million USD (equal to 21.7% over the same period).
Vietnamese investors have invested abroad in 8 sectors. Of which, the investment capital is most concentrated in the wholesale and retail sectors (accounting for 39.4% of capital); real estate business activities (accounting for 21.5% of capital); construction (accounting for 20% of capital). The rest are other sectors.
There are 11 countries and territories receiving investment from Vietnam in the first two months of 2024. The countries attracting the most investment from Vietnam are the United States (26.6%); New Zealand (23.5%); Germany (21.5%); Laos; China...
As of February 20, 2024, Vietnam has had 1,716 valid overseas investment projects with a total Vietnamese investment capital of nearly 22.12 billion USD. Vietnam's overseas investment is mostly concentrated in the mining sector (31.5%); agriculture, forestry, and fisheries (15.5%). The localities receiving the most Vietnamese investment are Laos (24.8%); Cambodia (13.2%); Venezuela (8.3%);...
Source
Comment (0)