FDI Capital into Vietnam in first 8 months reached 18.15 billion USD

According to the Foreign Investment Agency (Ministry of Planning and Investment), as of August 20, 2023, total registered FDI capital into Vietnam reached nearly 18.15 billion USD, an increase of 8.2% over the same period last year. The number shows an addition of 1.91 billion USD poured into Vietnam in August 2023.

By the number of projects, in the first 8 months, 1,924 new projects were granted investment registration certificates, with a total registered capital of more than 8.87 billion USD, an increase of 69.5% in the number of projects and an increase of 39.7% in capital over the same period.

In addition, there were 830 projects registered to adjust investment capital, with a total additional investment capital of more than 4.53 billion USD, an increase of 22.8% in the number of adjusted projects but a decrease of 39.7% in terms of investment capital.

By investment sector, foreign investors have invested in 18 industries out of 21 national economic sectors. The processing and manufacturing industry leads with a total investment capital of nearly 13 billion USD, accounting for nearly 67.8% of total registered investment capital. The real estate business ranked second with a total investment capital of more than 1.76 billion USD, accounting for more than 9.7% of total registered investment capital. Finance and banking industries, Professional and scientific and technological activities ranked 3rd and 4th with the total registered capital of nearly 1.54 billion USD and nearly 800 million USD respectively.

By investment partner, Singapore leads with a total investment capital of more than 3.83 billion USD in first 8 months, accounting for more than 21.2% of total investment capital in Vietnam. China ranked second with nearly 2.69 billion USD, and Japan ranked third with a total registered investment capital of more than 2.58 billion USD. Next are investors from South Korea, Hong Kong, Taiwan, …

By capital attraction location, Hanoi ranked 1st with a total attracted FDI capital of more than 2.34 billion USD, accounting for nearly 12.9% of total registered investment capital. Hai Phong came second with the attraction of total registered 2.08 billion USD. Next orders are Ho Chi Minh City, Bac Giang, Binh Duong, …

The maintained growth of FDI capital into Vietnam illustrated the comment of Deputy Minister of MPI Tran Quoc Phuong in an industrial real-estate conference “Although the world and regional economic context has rapid, complex, and unpredictable developments, with many difficulties and challenges, Vietnam is still considered as a bright spot on the map of attracting foreign direct investment with many advantages.”