Figures recently released by the Foreign Investment Agency ( Ministry of Planning and Investment ) show that, as of February 20, the total newly registered, adjusted, and contributed capital to buy shares and purchase capital contributions by foreign investors reached more than 4.29 billion USD, an increase of 38.6% over the same period in 2023.

The Foreign Investment Agency explained that newly registered investment capital in the first two months of 2024 increased sharply compared to the same period due to an increase in the number of new projects (up 55.2%) and projects with large investment capital (over 400 million USD and over 600 million USD).

The realized capital of foreign investment projects is estimated at about 2.8 billion USD, an increase of 9.8% over the same period in 2023.

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Foreign investment structure in the first two months of 2024 by locality. Source: Foreign Investment Agency

In terms of investment localities, the Foreign Investment Agency said that investors "poured" capital into 38 provinces and cities across the country in the first two months of 2024.

Of which, Hanoi leads 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. The reason is that Hanoi has a new investment project with more than 662 million USD to develop urban area projects. Previously, in January, Hanoi also led with a total registered investment capital of more than 867 million USD, accounting for 36.7% of the total registered investment capital and 39.7 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 of the country. 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 capital contribution to buy shares (accounting for 71.1%).

Among 48 countries and territories investing in Vietnam in the first two months of 2024, 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.

Next, Hong Kong (China) ranked second with nearly 525.7 million USD, accounting for 12.2% of total investment capital, nearly 5.1 times higher than the same period. Then came Japan, China...

'Vietnam's position in the global FDI flow continues to improve' Vietnam is not only an attractive investment destination, with registered FDI capital reaching 36.6 billion USD in 2023, but also proactively and actively investing in developed economies, thereby continuing to enhance our country's position and role in the global FDI flow.