Total FDI inflows to Vietnam in January 2024 reach $2.36 billion, up 40.2% compared to the same period last year.

According to statistics from the General Statistics Office, the total amount of foreign direct investment (FDI) in Vietnam signed as of January 20, 2024, including newly registered capital, adjusted registered capital, and capital contribution, share purchases by foreign investors reached 2.36 billion USD, representing a 40.2% increase compared to the same period last year.

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In January 2024, 190 projects were granted licenses with registered capital reaching 2.01 billion USD.

Specifically, there were 190 newly licensed projects with registered capital of 2.01 billion USD, an increase of 24.2% in the number of projects and 66.9% in registered capital compared to the same period last year. Among them, the real estate business activities attracted the largest amount of foreign direct investment with registered capital of 1.24 billion USD, accounting for 61.8% of the total registered capital; the processing and manufacturing industry reached 715.9 million USD, accounting for 35.6%; other industries reached 51.6 million USD, accounting for 2.6%.

Out of 25 countries and territories with newly licensed investment projects in Vietnam in January 2024, Singapore was the largest investor with 1.32 billion USD, accounting for 65.6% of the total registered capital; followed by Japan with 302.6 million USD, accounting for 15%; China with 142.1 million USD, accounting for 7.1%; Hong Kong Special Administrative Region (China) with 74.7 million USD, accounting for 3.7%; and Samoa with 49.4 million USD, accounting for 2.5%.

Adjusted registered capital had 75 projects approved from previous years, with additional investment of 235.4 million USD, a decrease of 23.1% compared to the same period last year.

If we take into account both the newly registered capital and the adjusted registered capital of previously licensed projects, the foreign direct investment in real estate business activities reached 1.25 billion USD, accounting for 55.7% of the total newly registered capital and an increase; the processing and manufacturing industry reached 909.4 million USD, accounting for 40.5%; other industries reached 86.2 million USD, accounting for 3.8%.

The capital contributed and shares purchased by foreign investors had 174 projects with a total investment value of 116.5 million USD, a decrease of 33.1% compared to the same period last year. Among them, 56 projects contributed capital and purchased shares to increase the legal capital of companies with a total investment value of 79.5 million USD, and 118 projects of foreign investors purchased shares in domestic companies without increasing the legal capital with a value of nearly 37 million USD. In terms of capital contribution and share purchase, investment in professional activities, science and technology reached 57 million USD, accounting for 48.9%; investment in real estate business activities reached 22.1 million USD, accounting for 18.9% of the investment value; the remaining industries reached 37.4 million USD, accounting for 32.2%.

The realized foreign direct investment in Vietnam in January 2024 was estimated at 1.48 billion USD, an increase of 9.6% compared to the same period last year. Among them: the processing and manufacturing industry reached 1.15 billion USD, accounting for 77.7% of the total realized foreign direct investment; the real estate business activities reached 147.3 million USD, accounting for 10%; the production, distribution of electricity, gas, hot water, steam and air conditioning reached 72.4 million USD, accounting for 4.9%.

Vietnam’s outward investment in January 2024 included 11 newly certified investment projects with a total capital of 16.2 million USD, 9.3 times higher than the same period last year, including: real estate business activities reached 5.4 million USD, accounting for 33.2% of the total investment capital; construction activities reached 5 million USD, accounting for 30.9%; mining activities reached 4 million USD, accounting for 24.7%.

In January 2024, Vietnam’s investment was received by 6 countries, including: the United States with 5.9 million USD, accounting for 36.1% of the total investment capital; Germany with 5.4 million USD, accounting for 33.2%; Laos with 4.2 million USD, accounting for 26.2%.

The investment from the State budget in January 2024 was estimated at 31.1 trillion VND, equal to 4.4% of the annual plan and an increase of 12.5% compared to the same period last year (the same period in 2023 was 3.8% and an increase of 5.6%), including:

The centrally managed investment reached 4.7 trillion VND, equal to 4% of the annual plan and an increase of 3.7% compared to the same period last year.

The locally managed investment reached 26.4 trillion VND, equal to 4.5% of the annual plan and an increase of 14.2% compared to the same period in 2023, including:

The provincial budget investment reached 17.4 trillion VND, equal to 4.2% of the annual plan and an increase of 11.1% compared to the same period last year;

The district budget investment reached 7.9 trillion VND, equal to 5.3% and an increase of 20.8%;

The communal budget investment reached 1.1 trillion VND, equal to 5.9% and an increase of 19.7%.

Nhat Quang

SOURCEvietstock
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