As of September 30, 98 countries and territories have invested in Vietnam. Singapore leads with a total investment of over $7.35 billion, accounting for nearly 29.7% of total investment capital, an increase of 69% compared to the same period last year. China ranks second with more than $3.2 billion, accounting for 13% of total investment capital, a decrease of 4.5% compared to the same period. Following are South Korea, Hong Kong, Japan...
Notably, in terms of the number of projects, China is the leading partner in new investment projects, accounting for 29.3%; South Korea leads in the number of capital adjustment transactions, accounting for 23.9%, and in capital contributions and share purchases, accounting for 25.6%.
The report from the Ministry of Planning and Investment also shows that total FDI in the first 9 months reached $24.78 billion, an increase of 11.6% year-on-year. This includes 2,492 newly registered projects (down 4.3%) with a total registered capital of over $13.55 billion (up 11.3%); 1,027 instances of capital adjustment (up 7.3%) with total additional registered capital of over $7.64 billion (up 48.1%); and 2,471 capital contribution and share purchase transactions (down 6.5%) with a total value of nearly $3.59 billion (down 26.2%).
Foreign investment increased strongly in the past 9 months
PHOTO: NHAT THINH
In the first 9 months, foreign investors have invested in 18 out of 21 national economic sectors. The processing and manufacturing industry leads with a total investment capital of nearly $15.64 billion, accounting for nearly 63.1% of total registered investment capital. The real estate business sector ranks second with a total investment of over $4.38 billion, accounting for nearly 17.7% of total registered investment capital, more than 2.2 times higher than the same period last year. Following are the electricity production and distribution sector and the wholesale and retail sector, with registered capital reaching nearly $1.12 billion and over $920 million respectively...
In terms of the number of projects, wholesale and retail lead in new projects, accounting for 35%, and in the number of capital contribution and share purchase transactions, accounting for 41.7%. The processing and manufacturing industry leads in the number of capital contribution and share purchase transactions, accounting for 66.8%.
Regarding FDI attraction by locality, Bac Ninh leads with a total registered investment capital of over $4.5 billion, accounting for 18.2% of the country's total investment capital, 3.47 times higher than the same period last year. Ho Chi Minh City follows with more than $1.91 billion, accounting for 7.7%, a decrease of 15.1% compared to the same period. Quang Ninh ranks third with a total registered investment capital of over $1.81 billion, accounting for 7.3% of the country's total investment capital. Following are Ba Ria - Vung Tau, Binh Duong, Hanoi...
Additionally, according to the Ministry of Planning and Investment, exports from the foreign investment sector in the first 9 months continued to increase compared to the same period. The FDI sector had a trade surplus of nearly $38 billion including crude oil, and over $36.5 billion excluding crude oil, offsetting the trade deficit of nearly $18.2 billion in the domestic business sector. FDI enterprises are the foundation helping the country achieve a trade surplus of about $19.8 billion in the first 9 months.
As of the end of September, it is estimated that foreign investment projects have disbursed about $17.3 billion, an increase of 8.9% compared to the same period in 2023.
According to: Nguyen Nga (Thanh Nien Newspaper) Keywords: FDI, China, foreign investment, investment projects, investors, investment attraction, Ministry of Planning and Investment, investment.
