Nearly 11 billion USD of foreign capital entered Vietnam in 5 months

Total registered foreign direct investment (FDI) capital in Vietnam reached nearly 11 billion USD, down over 7% over the same period, according to the Foreign Investment Agency.

Of the foreign capital registered in Vietnam since the beginning of the year, newly registered capital increased by nearly 28%, reaching nearly 5.3 billion USD; investment capital through contributions and share purchases reached 3.3 billion USD, up more than 67% over the same period. Adjusted capital decreased by more than 59%, reaching only 2.3 billion USD.

The Foreign Investment Agency commented that after 5 months, the situation of attracting foreign investment into Vietnam has improved.

According to the Foreign Investment Agency, projects with a scale of less than 1 million USD account for nearly 70% of new projects, but the capital scale is only nearly 2.2% of the total newly registered capital in 5 months. This shows that small investors continue to be interested in the Vietnamese market, while large corporations are still cautious in investing in the context of the impact of the global minimum tax policy.

Among the sectors attracting capital, the processing and manufacturing industry still "attracts" the most capital, more than 6.6 billion USD, accounting for 61% of total newly registered capital.

Thanks to the deal in which a Japanese financial group spent 1.5 billion USD to buy 15% of capital at VPBank , the banking and finance sector surpassed real estate, ranking second with a total investment capital of more than 1.53 billion USD, 12 times higher than the same period.

Meanwhile, capital poured into real estate continued to decrease, reaching only nearly 1.2 billion USD, down 61% over the same period.

Hanoi is the leading locality in the country in attracting capital, nearly 1.9 billion USD, an increase of 2.7 times over the same period last year. Next is Bac Giang with over 1 billion USD, an increase of 2.4 times over the same period in 2022.

Foreign investors from Singapore, Japan and China still poured the most capital into Vietnam in the past five months, with 2.5 billion USD; 2.1 billion USD and 1.6 billion USD respectively.

Mr. Minh

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