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Nearly 31.4 billion USD has been "poured" into Vietnam in 11 months 

 Monday, December 16,2024

AsemconnectVietnam - According to the Foreign Investment Agency (Ministry of Planning and Investment), in November, the total newly registered capital, adjusted capital and capital contribution to buy shares and capital contributions by foreign investors reached nearly 4.12 billion USD, accounting for 13.1% of the country's total investment capital in 11 months.

In the 11 months, the total newly registered capital, adjusted capital and capital contribution to buy shares of foreign investors reached nearly 31.38 billion USD, up 1% over the same period in 2023.
In which, newly registered capital had 3,035 licensed projects with registered capital reaching 17.39 billion USD, up by 1.6% over the same period last year in terms of number of projects and up 0.7% in terms of registered capital.
In terms of adjusted registered capital, 1,350 projects licensed in previous years registered to adjust their investment capital by an additional 9.93 billion USD, up by 40.7% over the same period last year.
Registered capital contribution and share purchase by foreign investors was 3,029 times with a total capital contribution value of 4.06 billion USD, down by 39.7% over the same period last year.
In terms of implemented capital, as of November 30, foreign investment projects are estimated to have disbursed about 21.68 billion USD, up by 7.1% over the same period of 2023.
In terms of sectors, foreign investors poured capital into 18 national economic sectors. Accordingly, the processing and manufacturing industry took the lead with a total capital of more than 20 billion USD, accounting for more than 64% of the total registered investment capital.
The real estate business ranked second. It was followed by the wholesale and retail sectors; electricity production and distribution.
According to the Foreign Investment Agency, many large projects in the fields of semiconductors, energy (such as battery production, photovoltaic cells, silicon bars), component production, electronic products, and high-value-added products have received new investment and capital expansion this year.
Of the 110 countries and territories investing in Vietnam in the 11 months, Singapore led the list with a total investment capital of nearly 9.14 billion USD, accounting for more than 29.1% of the total investment capital, up by 53.7% over the same period of 2023.
South Korea ranked second with more than 3.89 billion USD, accounting for 12.4% of the total investment capital, down by 9% over the same period. The next were China, Hong Kong (China), and Japan.
Among 55 provinces and cities nationwide receiving foreign investment capital in 11 months, Bac Ninh led the list with a total registered investment capital of nearly 5.04 billion USD, accounting for 16% of the total investment capital of the country, more than 3 times higher than the same period last year.
The next was Quang Ninh with more than 2.29 billion USD, accounting for 7.3% of the total registered investment capital, down by 26.3% compared to the same period last year.
Ho Chi Minh City ranked 3rd with a total registered investment capital of more than 2.28 billion USD, accounting for nearly 7.3% of the total investment capital of the country. It was followed by Hai Phong, Hanoi, and Binh Duong.
However, in terms of the number of projects, Ho Chi Minh City was the leading locality nationwide in terms of the number of new projects (accounting for 42.3%), the number of projects adjusting capital (accounting for 14.7%) and capital contribution to buy shares (accounting for 70.9%).
In general, investment capital continued to focus on provinces and cities with many advantages in attracting foreign investment, such as good infrastructure, stable human resources, efforts to reform administrative procedures and dynamism in investment promotion, like Bac Ninh, Quang Ninh, Ho Chi Minh City, Hai Phong, Hanoi, Binh Duong, Ba Ria Vung Tau, Dong Nai, Nghe An, Bac Giang. These 10 localities alone accounted for 79.6% of new projects and 69.4% of the country's investment capital in 11 months.
CK
Source: VITIC/ haiquanonline.com.vn

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