In 11 months, FDI attraction increased by 14.8%

According to the latest report of the Ministry of Planning and Investment on the situation of attracting foreign direct investment (FDI), as of November 20, 2023, the total newly registered capital, adjustments and capital contributions and stock purchases share, purchasing capital contributions from foreign investors reached nearly 28.85 billion USD, an increase of 14.8% over the same period, a slight increase of 0.1 percentage points compared to 10 months.

 Production line of electronic equipment and lighting equipment in cars and motorbikes at Vietnam Stanley Electric Co., Ltd. (Japanese investment) in Hanoi. Illustration photo: Danh Lam/TTXVN

In 11 months, realized capital of FDI projects reached 20.25 billion USD, the highest in the period 2018 - 2023.

"Investment capital for implementing FDI projects continues to increase compared to the same period last year. The companionship of the Government, the Prime Minister, and close coordination with ministries, branches and localities in proactively continuing Accessing, grasping, and removing bottlenecks and legal barriers that are hindering business investment activities of enterprises has helped enterprises stabilize and improve production and business ", the Foreign Investment Department commented.

In attracting FDI capital, there were 2,865 new projects granted Investment Registration Certificates, an increase of 58.1% over the same period with a total registered capital of more than 16.41 billion USD, an increase of 42.4%. compared to the same period. There were 1,152 projects registered to adjust investment capital, an increase of 15.9% over the same period, the total additional investment capital reached more than 6.47 billion USD, a decrease of 32.1% over the same period. There were 3,166 capital contribution and share purchase transactions by foreign investors, down 4% over the same period, the total value of contributed capital reached nearly 5.97 billion USD, up 46.4% over the same period.

In terms of investment, foreign investors have invested in 18/21 national economic sectors. The processing and manufacturing industry leads with a total investment capital of more than 20.97 billion USD, accounting for nearly 72.71% of total registered investment capital and an increase of 40.2% over the same period. The real estate business ranked second with a total investment capital of more than 2.87 billion USD, accounting for nearly 10% of total registered investment capital, down 31.4% over the same period.

Regarding investment areas, foreign investors have invested in 56 provinces and cities across the country in the first 11 months of 2023. Quang Ninh still leads the country in attracting FDI, with a total registered investment capital of nearly 3.11 billion USD, accounting for nearly 10.8% of total registered investment capital, an increase of 42.3% over the same period in 2022.

City. Ho Chi Minh ranked second with a total registered investment capital of more than 3.08 billion USD, accounting for 10.7% of the total investment capital of the country, down 12.9% over the same period. Next are Hai Phong, Bac Giang, Hanoi, with total registered investment capital of 2.8 billion USD, 2.7 billion USD and 2.6 billion USD respectively.

According to the Foreign Investment Agency, the number of new investment projects increased by 58.1% over the same period, focusing heavily on provinces and cities with many advantages in attracting FDI including good infrastructure and human resources. stability, efforts to reform administrative procedures and dynamism in investment promotion ,... like City. Ho Chi Minh, Hanoi, Bac Ninh, Binh Duong. These four localities alone accounted for 67.4% of the country's new projects in 11 months.

Regarding investment partners, in the first 11 months of 2023, there were 110 countries and territories investing in Vietnam. Singapore leads with a total investment capital of nearly 5.15 billion USD, accounting for more than 17.8% of total investment capital in Vietnam , down 10.9% over the same period in 2022. Hong Kong (China) ranks second with more than 4.33 billion USD, accounting for 15% of total investment capital, more than 2.2 times higher than the same period. Korea ranked third with a total registered investment capital of more than 4.17 billion USD, accounting for nearly 14.5% of total investment capital, a slight increase of 1.2% over the same period. Next are China, Japan, Taiwan (China )...

In terms of number of projects, China leads in the number of new projects (accounting for 22.1%). Korea leads in the number of capital adjustments (accounting for 26.2%) and capital contributions and share purchases (accounting for 27.9%).

In 11 months, import-export turnover (including crude oil) of the foreign investment sector was estimated at 237.16 billion USD, down 6.9% over the same period, accounting for 73.3% of export turnover. password. Exports excluding crude oil are estimated at 235.42 billion USD, down 6.8%, accounting for 72.8% of the country's export turnover. Imports of the foreign investment sector are estimated at more than 192 billion USD, down 11.1% over the same period and accounting for 64.3% of the country's import turnover.

Accumulated as of November 20, 2023, the whole country has 38,844 valid projects with a total registered capital of nearly 462.4 billion USD. The accumulated realized capital of foreign direct investment projects is estimated at nearly 294.2 billion USD, equal to 63.6% of the total valid registered investment capital.

In terms of investment, foreign investors have invested in 19/21 industries in the national economic sub-sector system; Of which, the processing and manufacturing industry accounts for the highest proportion with more than 280.5 billion USD (accounting for 60.7% of total investment capital). Next is the real estate business with more than 67.6 billion USD (accounting for 14.6% of total investment capital); electricity production and distribution with nearly 38.6 billion USD (accounting for 8.3% of total investment capital).

Regarding investment areas, foreign investors are present in all 63 provinces and cities nationwide; of which, City. Ho Chi Minh is the leading locality in attracting FDI with more than 57.25 billion USD (accounting for nearly 12.4% of total investment capital); followed by Binh Duong with more than 40.3 billion USD (accounting for 8.7% of total investment capital); Hanoi with more than 39.58 billion USD (accounting for nearly 8.6% of total investment capital).

According to baotintuc.vn