Foreign investment in Vietnam continues to increase strongly, with the appearance of more investors from Kyrgyzstan.

In the first 7 months of 2024, there was 18 billion USD of foreign investment capital registered in Vietnam. Notably, there was an additional investor from Kyrgyzstan, thereby, increasing the number of countries and territories investing in Vietnam to 147.

According to data just released by the Foreign Investment Agency, as of July 20, 2024, the total registered foreign investment capital in Vietnam reached more than 18 billion USD, an increase of 10.9% over the same period in 2023. Meanwhile, disbursed capital reached more than 12.55 billion USD, an increase of 8.4% over the same period last year.

Thus, in the first 7 months of 2024, both registered and implemented investment capital continued to increase compared to the same period, with increases of 10.9% and 8.4%, respectively. In particular, new investment increased in terms of registered capital, number of projects as well as investment capital scale (an average of more than 5.9 million USD/project compared to 4.9 million USD/project in the first 7 months of 2023).

In particular, July 2024 alone recorded a total registered capital of more than 2.8 billion USD, accounting for 15.6% of total investment capital in 7 months, ranking 3rd in the first 7 months of the year (after June and April 2024).

However, in the investment structure, investment capital through capital contribution and share purchase is still on a downward trend. On the contrary, new investment capital and additional capital continue to increase positively.

Specifically, data from the Foreign Investment Agency shows that in the first 7 months of 2024, new investment capital reached more than 10.76 billion USD, up 35.6%; additional capital reached nearly 4.97 billion USD, up 19.4%; and investment capital through capital contribution and share purchase was 2.27 billion USD, down 45.2% over the same period last year.

From another perspective, the Foreign Investment Agency said that in the past 7 months, foreign investors have invested in 18 out of 21 sectors of the national economy .

Of which, the processing and manufacturing industry took the lead with a total investment capital of over 12.65 billion USD, accounting for 70.3% of the total registered investment capital, up 15.7% over the same period. The real estate business ranked second with a total investment capital of over 2.87 billion USD, accounting for nearly 16% of the total registered investment capital, up 78% over the same period. It can be said that this year, foreign investment in the real estate sector has had quite strong growth.

After real estate, investment capital poured into the wholesale and retail industry, with a total registered capital of nearly 740.5 million USD. This is the leading industry in terms of capital contribution and share purchase transactions, accounting for 42.1% of the total capital contribution and share purchase transactions in the past 7 months.

Next are professional, scientific and technological activities, with registered investment capital of more than 490.6 million USD. The rest are other sectors.

Meanwhile, in terms of investment partners, the Foreign Investment Agency said that 91 countries and territories invested in Vietnam in the first 7 months of 2024. Of which, Singapore took the lead with a total investment capital of nearly 6.52 billion USD, accounting for nearly 36.2% of the total investment capital, up 79.1% over the same period in 2023.

Hong Kong ranked second with over 2.19 billion USD, accounting for 12.2% of total investment capital, more than double the same period. Next were Japan, China, South Korea…

An interesting point is that in July 2024, a new investment project from a Kyrgyzstan investor appeared, thereby contributing to increasing the total number of countries and territories with valid investment projects in Vietnam to 147.

The project of the investor from Kyrgyzstan has only registered capital of 5 million USD. However, it has contributed to making Kyrgyzstan rank 34th out of 91 countries and territories investing in Vietnam in the past 7 months; and rank 83rd, if calculated cumulatively.

In terms of location, statistics show that foreign investors invested in 48 provinces and cities across the country in the first 7 months of 2024. Bac Ninh leads with a total registered investment capital of nearly 3.2 billion USD, accounting for nearly 17.8% of the total investment capital nationwide, more than 3 times higher than the same period. Next is Quang Ninh with more than 1.56 billion USD, accounting for 8.7% of the total registered investment capital and more than 2.2 times higher than the same period.

Meanwhile, Ho Chi Minh City ranked third with a total registered investment capital of nearly 1.55 billion USD, accounting for nearly 8.6% of the total investment capital in the country. Next in line were Ba Ria – Vung Tau, Hanoi, Hai Phong…

Baodautu.vn