FDI capital poured into Vietnam increased sharply

Nov 02, 2021

As of October 20, the total registered foreign investment capital in Vietnam reached $23.74 billion, up 1.1% over the same period. In which, newly and additionally registered FDI capital increased sharply.

Information from the Ministry of Planning and Investment said that newly registered capital from the beginning of the year so far has reached over 13 billion USD, up 11.6% over the same period; additional capital reached over 7.09 billion USD, up 24.2% over the same period.

This impressive increase is due to the fact that in the past 10 months, 3 large projects have been granted new and adjusted investment certificates, including Long An LNG Power project, USD 3.1 billion; LD Display Hai Phong, increased capital by 2.15 billion USD; O Mon II Thermal Power Plant, $1.31 billion, so both newly and additionally registered capital increased strongly over the same period.

Currently, there are 97 countries and territories investing in Vietnam, of which Singapore leads with a total investment of 7.51 billion USD, accounting for 31.9% of total investment capital in Vietnam. Korea ranked second with total investment capital of 3.42 billion USD, accounting for 14.6%. China ranked third with a total registered investment capital of 2.17 billion USD, accounting for 9.2%. Followed by Japan, Thailand, Taiwan (China)...

Although Korea ranked second in terms of investment capital, it was the leading partner in terms of the number of new investment projects, the number of projects that adjusted capital, as well as the number of times of capital contribution and share purchase. Thus, in terms of the number of projects, Korea is the partner with the most investors interested and making new investment decisions, as well as expanding investment projects.

Foreign investors have invested in 18 out of 21 national economic sectors. The processing and manufacturing industry took the lead with a total investment of 12.74 billion USD, accounting for 53.7% of the total registered investment capital. The electricity production and distribution industry ranked second with a total investment of 5.54 billion USD, accounting for 23.3%. Followed by real estate, wholesale and retail businesses with a total registered capital of 2.12 billion USD and over 803 million USD respectively.

In terms of the number of new projects, the processing and manufacturing industry, the wholesale and retail trade and professional activities, science and technology are the industries that attract the most projects, accounting for 33.1%, 27 respectively. .8% and 16% of total projects.

Regarding the investment area, Long An leads the way with a total registered investment capital of 3.68 billion USD, accounting for 15.5% of the total registered investment capital, including a large power project of up to 3.1 billion USD. USD (accounting for 84.2% of the total investment capital of Long An). Ho Chi Minh City returned to second place with over 2.73 billion USD, accounting for 11.5% of total investment capital. Hai Phong ranked third with a total registered capital of 2.72 billion USD, accounting for nearly 11.5%.

Besides the positive results, it is worth noting that the disbursed capital reached 15.15 billion USD, down 4.1% over the same period. This decrease was higher than at the same time last month (down 3.5% over the same period).

However, according to the Foreign Investment Agency (MPI), the COVID-19 pandemic is gradually being controlled; The Government and functional agencies have promptly stepped in and issued many solutions and policies to remove difficulties and obstacles for businesses, as well as regulations and guidelines to adapt to the new situation of enterprises. Due to the pandemic, businesses are gradually and gradually restoring production and business activities. It is expected that the realized investment capital will improve more in the last months of the year.

Source: CafeF

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