According to the data from the Foreign Investment Agency (Ministry of Planning and Investment), as of February 20, 2024, the total newly registered capital, adjusted capital, and capital contribution to share purchases and capital contribution (GVMCP) of foreign investors amounted to over 4.29 billion USD, up 38.6% compared to the same period in 2023. The realized capital of foreign-invested projects reached about 2.8 billion USD, up 9.8% compared to the same period in 2023.
By region, the report shows that foreign investors have invested in 38 provinces and cities across the country in the first 2 months of 2024. Hanoi is leading with a total registered capital of nearly 914.4 million USD, accounting for 21.3% of the total registered capital and 24.4 times higher than the same period in 2023.
According to the Hanoi Statistics Office, in January 2024, the city attracted 866.8 million USD of FDI capital. Of which, there were 10 newly licensed projects with a total registered capital of 859.4 million USD; 6 projects with increased capital with an additional registered capital of 5.1 million USD; foreign investors contributed capital, purchased shares in 7 cases, reaching 2.3 million USD. The report from the Foreign Investment Agency shows that Hanoi’s investment capital increased significantly due to new major projects with a total capital of over 662 million USD, focusing on the investment target of a new urban area project in Hanoi.
Source: Foreign Investment Agency (Ministry of Planning and Investment)
In February 2024, Hanoi had 17 new FDI projects with a total registered capital of nearly 10 million USD; 11 projects with increased capital with an additional registered capital of 4 million USD; foreign investors contributed capital, purchased shares in 12 cases, reaching 17.3 million USD.
Overall, in the first 2 months of 2024, the entire city attracted 914.4 million USD of FDI capital. Of which, the city granted new licenses to 27 projects with a total registered capital of 869.8 million USD; 17 projects supplemented with increased capital of 9.1 million USD; 21 cases of foreign investors contributing capital, purchasing shares with a total of 35.45 million USD.
After Hanoi, Quang Ninh ranked second with a total registered capital of over 471.1 million USD, accounting for nearly 11% of the total investment capital of the country. Following are Thai Nguyen, Ba Ria – Vung Tau, Bac Ninh,… In terms of the number of projects, Ho Chi Minh City led the country in terms of the number of new projects (accounting for 35.6%), adjusted capital (accounting for 18.9%), and GVMCP (accounting for 71.1%).
As of February 20, 2024, the whole country had 39,553 valid projects with a total registered capital of nearly 473.1 billion USD. The accumulated actual capital of foreign-invested projects reached nearly 300 billion USD, accounting for 63.4% of the total registered capital in force.
Among them, foreign investors have been present in all 63 provinces and cities nationwide, of which Ho Chi Minh City is the leading locality in attracting FDI with over 57.64 billion USD (accounting for nearly 12.2% of the total investment capital); followed by Hanoi with nearly 42.1 billion USD (accounting for 8.9% of the total investment capital); Binh Duong with over 40.5 billion USD (accounting for 8.6% of the total investment capital).
