First 5 months of 2024: Realized FDI capital reached a record high in 5 years
Wednesday, June 5,2024AsemconnectVietnam - The data just released by the General Statistics Office showed that the picture of foreign direct investment (FDI) in Vietnam in early of May of 2024 continued to achieve positive results, with over 11 billion USD.
Meanwhile, disbursed capital reached about 8.25 billion USD, an increase of 7.8% over the same period of 2023.
The total foreign investment capital registered in Vietnam as of May 20, 2024 including newly registered capital, adjusted registered capital and the value of capital contributions and share purchases by foreign investors reached nearly 11.07 billion USD, up by 2% over the same period last year.
Of these, there were 1,227 licensed projects with a registered capital of 7.94 billion USD, an increase of 27.5% over the same period last year in the number of projects and an increase of 50.8% in registered capital. The processing and manufacturing industry was the industry with the largest new license for foreign direct investment with registered capital of 5.37 billion USD, accounting for 67.7% of total newly registered capital; real estate business activities reached 1.83 billion USD, accounting for 23.1%; the remaining industries reached 730.5 million USD, accounting for 9.2%.
Among the 53 countries and territories with new licensed investment projects in Vietnam in the first 5 months of 2024, Singapore was the largest investor with 2.92 billion USD, accounting for 36.8% of total registered capital. The next was Hong Kong (China) with 957.2 million USD, accounting for 12.1%; Japan 947.7 million USD, accounting for 11.9%; China 926.1 million USD, accounting for 11.7%; Türkiye 730.1 million USD, accounting for 9.2%; and Taiwan 517.1 million USD, accounting for 6.5%.
Regarding adjusted registered capital, 440 projects licensed from previous years registered to adjust their investment capital to increase by 2.08 billion USD, down by 8.7% over the same period last year.
Thus, if including the newly registered capital and adjusted registered capital of projects licensed in previous years, the registered foreign direct investment capital in the processing and manufacturing industry reached 7.2 billion USD, accounting for 71.8% of total newly registered and increased capital; real estate business activities reached 1.91 billion USD, accounting for 19%; the remaining industries reached 916.8 million USD, accounting for 9.2%.
The total foreign direct investment capital in Vietnam in the first 5 months of 2024 was estimated to reach 8.25 billion USD, up by 7.8% over the same period last year. Notably, this was also the highest amount of realized foreign direct investment in the first 5 months of the past 5 years.
Of which, the processing and manufacturing industry reached 6.5 billion USD, accounting for 78.9% of total realized foreign direct investment capital; real estate business activities reached 781.0 million USD; production and distribution of electricity, gas, hot water, steam and air conditioning reached 336.2 million USD.
In the opposite direction, Vietnam's investment abroad in the first 5 months of 2024 has 42 projects newly granted investment certificates with a total Vietnamese capital of 103.5 million USD, a decrease of 27.5 % compared to the same period last year. There were 10 projects with capital adjusted with an increase of 32.5 million USD, a decrease of 81.3%.
In the first 5 months of 2024, Vietnam's total investment capital abroad (new and adjusted capital) reached 136.1 million USD, down by 57.0% over the same period last year. Of which, mining reached 58.6 million USD; processing and manufacturing industry reached 32.5 million USD; wholesale and retail, repair of cars, motorbikes, motorbikes and other motor vehicles reached 11.3 million USD; other services reached 10.0 million USD; construction activities reached 5.5 million USD.
There were 16 countries and territories receiving investment from Vietnam, of which the Netherlands was the leading country with 54.6 million USD, accounting for 40.1% of total investment capital; Laos 50 million USD, accounting for 36.8%; United States 7.7 million USD, accounting for 5.6%; New Zealand 5.9 million USD, accounting for 4.3%; Indonesia 5.5 million USD, accounting for 4.0%.
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Source: VITIC/ haiquanonline.com.vn
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