Foreign investment in real estate has decreased sharply.

According to the Foreign Investment Agency ( Ministry of Planning and Investment ), 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. Specifically, newly registered capital reached over US$5.26 billion, an increase of 27.8%; adjusted capital reached US$2.28 billion, a decrease of 59.4%; and investment through capital contributions and share purchases reached nearly US$3.32 billion, an increase of 67.2%. However, capital flows into the real estate sector saw a sharp decline.

Foreign investment in real estate has decreased sharply.

In recent years, FDI investment in Vietnam's real estate sector has consistently ranked second among sectors attracting foreign capital. However, in the first five months of this year, the real estate sector dropped to third place, attracting only $1.16 billion from foreign investors, a decrease of 61.3% compared to the nearly $3 billion invested in this sector during the same period last year.

Conversely, the financial and banking sector has risen to second place in attracting FDI capital from the beginning of the year to date, with a total capital of over 1.53 billion USD, an increase of more than 12 times compared to the same period last year.

Meanwhile, the manufacturing industry continued to lead with total investment reaching over $6.64 billion, accounting for 61.2% of total registered investment and decreasing by 2.5% compared to the same period last year.

In terms of investment partners, in the first five months of the year, 82 countries and territories invested in Vietnam. Singapore led 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 ranked second with nearly US$2.1 billion, accounting for nearly 19.1% of total investment, almost 2.2 times higher than the same period. Meanwhile, China ranked 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 last year.

Hanoi is leading with a total registered investment capital of nearly US$1.87 billion, accounting for almost 17.2% of the total registered investment capital and increasing nearly 2.7 times compared to the same period in 2021. Second is Bac Giang , with a total registered investment capital of over US$1 billion, accounting for over 9.4% of the total investment capital nationwide, increasing nearly 2.4 times compared to the same period last year. Following closely are Ho Chi Minh City, Binh Duong, Dong Nai, and others.

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