FDI capital continues to pour heavily into Vietnam

In 12 months, foreign investment capital (FDI) into Vietnam reached more than 36.6 billion USD, an increase of 32% over the same period in 2022.

The Foreign Investment Department said that of the 36.6 billion USD of registered capital as of December 20, the newly registered number reached nearly 20.2 billion USD, an increase of 62.2%. The number of new projects also reached 3,188, an increase of 56.6%.

In addition to new registered capital, this year also recorded 1,262 projects registered to adjust capital - an increase of 14%, with a total additional investment capital of more than 7.88 billion USD, a decrease of more than 22%. Meanwhile, investment capital through capital contribution and share purchase reached more than 8.5 billion USD, an increase of 65.7%. Thanks to the increase in capital contribution scale, although the number of capital contribution transactions and share purchases decreased compared to the same period, the capital contribution increased.

In addition, disbursed capital as of December 20 reached nearly 23.2 billion USD, an increase of 3.5% compared to last year and a record level ever.

The increase in disbursed capital, according to the Foreign Investment Agency, has shown that a number of bottlenecks and barriers to investment and business have been effectively removed, thereby helping businesses stabilize and improve production and regeneration. invest. The sharp increase in newly registered capital also shows that Vietnam continues to be a safe and attractive destination.

Currently, FDI capital continues to focus heavily on provinces and cities with many advantages in infrastructure, human resources, and favorable investment environment such as Ho Chi Minh City, Hai Phong, Quang Ninh, Bac Giang, Thai Binh, and Hanoi. Noi, Bac Ninh, Nghe An , Binh Duong, Dong Nai. These 10 localities account for 78.6% of new projects and 74.4% of the country's capital in 2023.

Regarding industries attracting FDI capital, data show that the manufacturing and processing industry accounts for more than 64% of capital, an increase of nearly 40% over the same period last year. The real estate industry ranked second, followed by electricity production - distribution and finance - banking.

By partner, this year, Singapore leads, accounting for 18.6% of total investment capital; Japan ranked second, followed by markets such as Hong Kong, China (mainland), Taiwan, and Korea.

Earlier this month, in announcing Vietnam's credit rating upgrade, Fitch Ratings assessed that cost advantages, an abundant labor force and a rich number of FTAs will help Vietnam continue to attract FDI inflows. in the context of diversifying global supply chains. FDI is considered a driving force, helping to strengthen Vietnam's favorable growth prospects in the medium term.

According to Vnexpress.net