According to data from the Foreign Investment Agency under Vietnam’s Ministry of Planning and Investment, as of August 31, 2024, the registered capital of foreign direct investment (FDI) flowing into Vietnam exceeded USD 20.52 billion, representing a 7% year-on-year increase. The actual disbursement of foreign investment projects reached approximately USD 14.15 billion, an 8% year-on-year increase, marking a five-year high.
In the first eight months, there were 2,247 newly registered foreign investment projects, an 8.5% increase compared to the previous year, with a total registered capital of nearly USD 12 billion, reflecting a 27% growth. There were also 926 projects with additional investments, a 4.9% increase, with additional capital exceeding USD 5.7 billion, representing a 14.8% year-on-year increase.
The manufacturing and processing industry attracted the most foreign investment, nearly USD 14.17 billion, accounting for over 69% of the total registered capital, a 7.4% increase from the previous year. The real estate sector followed, attracting over USD 3.36 billion, accounting for 16.4% of the total, with a 77.6% year-on-year growth.
Among the countries and regions investing in Vietnam, Singapore ranked first, with investments exceeding USD 6.79 billion, accounting for nearly 33.1% of the total investment, an increase of 75.5% compared to the previous year. Hong Kong (China) came in second, with investments amounting to USD 2.4 billion, making up 11.7% of the total, reflecting a 43.7% increase. Japan, China, and South Korea followed. Projects from Asia accounted for 74% of the total new investment projects, while registered capital from Asia represented 77.1% of the total.
Foreign investors have invested in 54 provinces and cities across Vietnam. Bac Ninh province led with a total registered capital of nearly USD 3.47 billion, accounting for 16.9% of the nation’s total investment, representing a 2.94-fold increase compared to the same period last year. Quang Ninh province ranked second, attracting nearly USD 1.78 billion, accounting for 8.7% of the total, a 2.3-fold increase. Ho Chi Minh City came in third, attracting over USD 1.78 billion, accounting for 8.6% of the national total. Other notable locations include Ba Ria-Vung Tau, Hanoi, and Hai Phong.
As of August 31, Vietnam had 41,142 valid foreign investment projects with a total registered capital of USD 491.39 billion. The cumulative actual disbursement of foreign investment projects reached USD 311.33 billion, accounting for 63.4% of the total registered capital.
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