More than 15 billion USD poured into Vietnam in the first 6 months of the year

In the first 6 months of 2024, the total registered foreign investment capital in Vietnam reached nearly 15.2 billion USD, an increase of 13.1% over the same period in 2023. Realized capital also increased by 8.2% over the same period, reaching about 10.84 billion USD…

FDI capital in the first 6 months of the year by month.

According to data recently released by the Foreign Investment Agency, total foreign investment capital registered in Vietnam in the first 6 months of the year reached nearly 15.2 billion USD, an increase of 13.1% over the same period in 2023.

Of these, 1,538 new projects were granted investment registration certificates, with total registered capital reaching nearly 9.54 billion USD, an increase of 18.9% in the number of projects and 46.9% in capital compared to the same period last year.

There were 592 projects registered to adjust investment capital, down 6.3% over the same period, the total registered capital increased to more than 3.95 billion USD, up 35% over the same period.

There were 1,420 capital contribution transactions to purchase shares by foreign investors, down 10.9% over the same period, with the total value of capital contribution reaching nearly 1.7 billion USD, down 57.7% over the same period.

Regarding implemented capital, in the first 6 months of the year, disbursed capital reached about 10.84 billion USD, an increase of 8.2% over the same period in 2023.

The Foreign Investment Agency said that both realized investment capital and total registered investment capital grew better, with increases of 0.4 percentage points and 11.1 percentage points, respectively, compared to the first five months of the year.

In June 2024 alone, the amount of adjusted investment capital increased significantly compared to the first months of the year, with nearly 1.9 billion USD, accounting for 47.3% of the total adjusted investment capital in 6 months. This contributed to the total adjusted investment capital in 6 months increasing by 35% instead of continuously decreasing compared to the same period in the previous months.

In terms of investment, in the first 6 months of the year, foreign investors invested in 18 out of 21 sectors of the national economy.

Of which, the processing and manufacturing industry took the lead with total investment capital reaching nearly 10.69 billion USD, accounting for 70.4% of total registered investment capital, up 26.3% over the same period.

The real estate business ranked second with a total investment capital of more than 2.47 billion USD, accounting for nearly 16.3% of total registered investment capital, up 61.5% over the same period.

Next are the wholesale and retail sectors; professional activities, science and technology with total registered capital reaching nearly 614 million USD and more than 452 million USD respectively. The rest are other sectors.

Foreign investment structure in the first 6 months of 2024 by partner.

Regarding investment partners, among 84 countries and territories investing in Vietnam, in the first 6 months of the year, Singapore took the lead with a total investment capital of nearly 5.58 billion USD, accounting for nearly 36.7% of total investment capital, an increase of 86% over the same period in 2023.

Japan ranked second with more than 1.73 billion USD, accounting for 11.4% of total investment capital, down 21.6% over the same period. Next were Hong Kong (China), South Korea, China, etc.

In terms of number of projects, China is the leading partner in terms of new investment projects, accounting for 29.1% of the total number of FDI projects in Vietnam in the first two quarters of the year.

In terms of investment locations, FDI investors invested in 48 provinces and cities across the country in the first 6 months of 2024. Bac Ninh took the lead with a total registered investment capital of nearly 2.58 billion USD, accounting for nearly 17% of the total investment capital nationwide, 3.1 times higher than the same period.

After Bac Ninh is Ba Ria – Vung Tau with nearly 1.54 billion USD, accounting for 10.1% of total registered investment capital and more than 12 times higher than the same period.

Quang Ninh is the third-ranked locality in the country in attracting FDI, with a total registered investment capital of more than 1.36 billion USD, accounting for nearly 9% of the total investment capital in the country. The next positions are Hanoi, Hai Phong, Ho Chi Minh City, etc.

According to the assessment of the Foreign Investment Agency, investment capital is concentrated in provinces and cities with many advantages in attracting FDI in terms of good infrastructure, stable human resources, efforts to reform administrative procedures and dynamism in investment promotion… such as Bac Ninh, Ba Ria – Vung Tau, Quang Ninh, Hanoi, Hai Phong, Ho Chi Minh City, Dong Nai, Bac Giang, Binh Duong, Hung Yen. These 10 localities alone accounted for 79.5% of new projects and 77.9% of the country’s investment capital in 5 months.

Source: Vneconomy.