FDI Realized for the First Four Months Sets a Five-Year Record

According to the socio-economic report in April and the first four months of the year from the General Statistics Office, foreign direct investment (FDI) in Vietnam in the past four months is estimated to reach 6.28 billion USD, an increase of 7.4% compared to the same period last year. This is the highest FDI ever in the first four months of the year in the past 5 years.

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Notably, the processing and manufacturing sector absorbed USD 4.93 billion, representing 78.5% of total realized FDI capital; real estate operations generated USD 607.6 million, equivalent to 9.7%; while the production, distribution of electricity, gas, hot water, steam, and air conditioning reached USD 259.8 million, constituting 4.1%.

As of April 20, 2024, the total registered foreign capital in Vietnam approached USD 9.27 billion, up by 4.5% compared to the same period of the previous year. The newly registered capital was recorded from 966 licensed projects, with registered capital reaching USD 7.11 billion, indicating an increase of 28.8% in the number of projects and a 73.2% increment in registered capital compared to the same period last year.

Specifically, the processing and manufacturing industry saw the most significant foreign direct investment, with a registered capital of nearly USD 5 billion, representing 70.2% of the total newly registered capital; real estate operations hit USD 1.6 billion, accounting for 22.5%; and the remaining sectors attracted USD 519.6 million, making up 7.3%.

Since the beginning of the year, Singapore has remained the largest investor, contributing USD 2.59 billion or 36.4% of the total newly registered capital. This is followed by the Hong Kong Special Administrative Region (China) with USD 898.6 million (12.6%); Japan with USD 814.1 million (11.4%); China with USD 740.2 million (10.4%); Turkey with USD 730.1 million (10.3%); and Taiwan with USD 512.3 million (7.2%).

The General Statistics Office also reported that 345 licensed projects from previous years adjusted their registered capital, resulting in an additional USD 1.23 billion in investment capital.

Combining the newly registered capital and the adjusted registered capital from previously licensed projects, the total registered foreign direct investment in the processing and manufacturing industry reached USD 6.03 billion, accounting for 72.3% of the total newly registered capital and showing an increase; real estate operations achieved USD 1.68 billion, contributing 20.1%; and the remaining sectors attracted USD 635.1 million, equating to 7.6%.

Additionally, foreign investors contributed USD 929.6 million in capital contribution and share purchase, with 902 transactions. Specifically, there were 327 transactions of capital contribution and share purchase for increasing the charter capital of enterprises, with a contributed capital value of USD 629.6 million. Furthermore, 575 foreign investors purchased domestic shares without increasing charter capital, contributing USD 300 million.

In terms of capital contribution and share purchase by foreign investors, transportation and warehousing received USD 277.2 million, accounting for 29.8% of the total contributed capital; investment in professional services and science and technology reached USD 228.7 million, equivalent to 24.6%; and the remaining sectors attracted USD 423.7 million, contributing 45.6%.