Realized FDI capital in the first 4 months of the year was at the highest level in the past 5 years

Vietnam’s foreign direct investment reached its highest level in five years in the first four months of this year. The manufacturing industry reached US$4.93 billion, accounting for 78.5% of total foreign direct investment; the real estate industry reached US$607.6 million, accounting for 9.7%.

According to the Bureau of Statistics, foreign direct investment in Vietnam reached US$6.28 billion in the first four months of this year, an increase of 7.4% over the same period last year.

This is the highest level of foreign direct investment in the first four months in the past five years.

Among them, the manufacturing industry reached US$4.93 billion, accounting for 78.5% of the total foreign direct investment; the real estate industry reached US$607.6 million, accounting for 9.7%; the electricity, gas, hot water, steam, air conditioning and refrigeration and other industries reached US$259.8 million. Accounted for 4.1%.

As of April 20, 2024, the total number of newly registered foreign investments in Vietnam reached nearly US$9.27 billion, an increase of 4.5% over the same period last year.

Among them, 966 projects with newly registered capital were approved, and the registered capital reached US$7.11 billion, an increase of 28.8% in the number of projects and a 73.2% increase in capital compared with the same period last year.

Manufacturing is the largest among newly registered foreign direct investment projects, with a registered capital of nearly US$5 billion, accounting for 70.2% of the total new registrations; the real estate industry reached US$1.6 billion, accounting for 22.5%; other industries reached US$519.6 million, accounting for 7.3% .

In the first four months of 2024, a total of 50 countries and regions registered new investment projects in Vietnam. Singapore ranked first with an investment of US$2.59 billion, accounting for 36.4% of the total registered capital; followed by the Hong Kong Special Administrative Region (China) with US$898.6 million, accounting for 12.6%; Japan with US$814.1 million, accounting for 11.4%; China with 7.402 USD 730.1 million, accounting for 10.4%; USD 730.1 million from Turkey, accounting for 10.3%; USD 512.3 million from Taiwan (China), accounting for 7.2%.

In addition, 345 projects have adjusted their registered capital since last year, with new investment amounting to US$1.23 billion, a decrease of 25.6% compared with the same period last year.

If new registrations and registered capital adjustment projects are taken into account, the manufacturing industry reached US$6.03 billion, accounting for 72.3% of the total new registered capital; the real estate industry reached US$1.68 billion, accounting for 20.1%; other industries reached US$635.1 million, accounting for 7.6% %.

The direction of investment is that foreign investors purchased shares and increased capital in 902 projects, totaling US$92.96 billion, a decrease of 70.1% compared with the same period last year.

Among them, 327 projects increased the company's registered capital by purchasing shares, with an amount of US$629.6 million; 575 projects involved foreign investors purchasing domestic shares, but did not increase the registered capital, with an amount of US$300 million.

In terms of capital purchases, the transportation and warehousing industry reached US$277.2 million, accounting for 29.8% of total purchases; the professional, scientific and technical services industry reached US$228.7 million, accounting for 24.6%; and other industries reached US$423.7 million, accounting for 45.6%.

The Bureau of Statistics also pointed out that in the first four months of 2024, there were 36 newly approved projects for Vietnam’s overseas investment. The total investment in Vietnam was US$98.3 million, a decrease of 29.8% compared with the same period last year; there were also 3 projects that had their capital adjusted and increased $580,000, a 95.7% reduction.

Taking the situation in the first four months into consideration, Vietnam’s total overseas investment (including new registrations and adjustments) reached US$98.9 million, a decrease of 35.6% compared with the same period last year.