According to data recently released by the Foreign Investment Agency, as of May 20th, the total registered foreign direct investment (FDI) in Vietnam reached nearly US$10.86 billion, a decrease of 7.3% compared to the same period last year. Of this, newly registered capital amounted to over US$5.26 billion, an increase of 27.8% compared to the same period last year; adjusted capital reached US$2.28 billion, a decrease of 59.4% compared to the same period; and investment through capital contributions and share purchases reached nearly US$3.32 billion, an increase of 67.2% compared to the same period.
The Foreign Investment Agency noted that, after five months, the situation regarding attracting foreign investment into Vietnam has significantly improved.
The acquisition of shares in the banking sector by Japanese investors has fueled a surge in FDI into the industry.
The data also shows that, in the first five months, projects with investment capital under $1 million accounted for nearly 70% of new projects, but the total investment only accounted for nearly 2.2% of the total newly registered capital in the same period. According to the Foreign Investment Agency, small and medium-sized foreign investors continue to show interest in and confidence in Vietnam's investment environment, making new investment decisions. However, large corporations remain cautious, considering the impact of global minimum tax policies.
Furthermore, another clear improvement is that investment capital through equity contributions and share purchases continues to increase compared to the same period last year. This includes, notably, the share purchase project by a Japanese investor in VPBank , with a total transaction value of up to US$1.5 billion.
Regarding investment sectors, in the past five months, the leading FDI inflow was the manufacturing industry with a total investment of over US$6.64 billion, accounting for 61.2% of the total registered investment and decreasing by 2.5% compared to the same period last year. Second was the finance and banking sector with over US$1.53 billion, accounting for over 14.1% of the total registered investment and increasing twelvefold compared to the same period last year. Third was real estate business with US$1.16 billion (down 61.3%); science and technology nearly US$481 million (up 28.3%)...
In terms of geographical location, Hanoi is leading with a total registered investment capital of nearly 1.87 billion USD, accounting for nearly 17.2% of the total registered investment capital and increasing nearly 2.7 times compared to the same period last year; Bac Giang ranks second with a total registered investment capital of over 1 billion USD, accounting for over 9.4% of the total investment capital nationwide, increasing nearly 2.4 times compared to the same period. Following are Ho Chi Minh City, Binh Duong, Dong Nai, etc.
Regarding investment partners, the Foreign Investment Agency reported that Singapore continues to lead with a total investment of over US$2.53 billion, accounting for more than 23.3% of total investment in Vietnam, a decrease of 14.3% compared to the same period in 2022; Japan ranks second with nearly US$2.1 billion, accounting for nearly 19.1% of total investment, almost 2.2 times higher than the same period; China ranks third with a total registered investment of nearly US$1.61 billion, accounting for 14.8% of total investment, an increase of 41.9% compared to the same period. Following them are Taiwan, Hong Kong, South Korea, etc.
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