According to data recently released by the Foreign Investment Agency, Ministry of Planning and Investment, as of March 20, the total newly registered capital, adjusted capital, and capital contribution to buy shares and capital contributions by foreign investors reached more than 6.17 billion USD, an increase of 13.4% over the same period in 2023.
Of these, 644 new projects were granted investment registration certificates, with total registered capital reaching more than 4.77 billion USD, an increase of 23.4% in the number of projects and 57.9% in capital compared to the same period.
In addition, there were 248 projects registering to adjust their investment capital, with the total registered capital increasing by 934.6 million USD, up 6% in the number of projects and down 22.6% in capital compared to the same period. And there were 604 capital contributions and share purchases by foreign investors, with the total capital contribution reaching 466.2 million USD, down 14.1% in the number of projects and down 61.7% in capital compared to the same period.
In the first 3 months of 2024, the realized capital of foreign direct investment (FDI) projects reached about 4.63 billion USD, an increase of 7.1% over the same period in 2023. This is a signal that the disbursement of foreign investment capital this year will continue the positive trend in recent years.
Also according to the Foreign Investment Agency, in March, the adjusted investment capital of existing projects as well as the value of capital contribution and share purchase transactions were higher than in January and February 2024. The number of new investment projects was also higher, but the scale of new projects was smaller. Due to the lack of large projects, the total registered investment capital in the 3 months, although still increased by 13.4% over the same period, decreased by 25.2 percentage points compared to the first 2 months of 2024.
Specifically, the average scale of new investment projects in March 2024 reached only over 4.9 million USD/project, lower than the level of 7.4 million USD/project in February 2024 and the level of 10.6 million USD/project in January 2024.
By sector, foreign investors invested in 17 out of 21 sectors of the national economy; of which, the processing and manufacturing industry took the lead with a total investment capital of nearly 3.93 billion USD, accounting for nearly 63.6% of the total registered investment capital, down slightly by 1.3% over the same period.
The real estate business ranked second with a total investment capital of more than 1.58 billion USD, accounting for 25.6% of the total registered investment capital, nearly 2.1 times higher than the same period.
Next are wholesale and retail; professional activities, science and technology with total registered capital reaching over 224.8 million USD and nearly 190.2 million USD respectively. The rest are other industries.
In terms of investment partners, 62 countries and territories invested in Vietnam in the first 3 months of 2024. Of which, Singapore still leads with a total investment capital of more than 2.55 billion USD, accounting for 41.3% of total investment capital, up 51.3% over the same period in 2023.
One of the major projects that Singapore registered to invest in Vietnam in the past 3 months is the Lumi Hanoi Urban Area project, with an investment capital of more than 662 million USD. Hong Kong (China) ranked second with more than 1.05 billion USD, accounting for 17.1% of the total investment capital, nearly 2.3 times higher than the same period.
Notably, investment from Singapore and Hong Kong (China) is mainly new investment, accounting for 89.5% and 79.1% of their total investment capital in the three months, respectively. This is followed by China, Japan, etc. However, in terms of the number of projects, China is the leading partner in terms of the number of new investment projects (accounting for 27.8%); South Korea leads in the number of capital adjustments (accounting for 23%) and capital contributions and share purchases (accounting for 27.8%).
By investment location, Hanoi leads with a total registered investment capital of more than 970.8 million USD, accounting for 15.7% of the total registered investment capital and 6.1 times higher than the same period in 2023. Bac Ninh ranks second with a total registered investment capital of nearly 745.2 million USD, accounting for nearly 12.1% of the total investment capital nationwide. Followed by Quang Ninh, Thai Nguyen, Ho Chi Minh City, Dong Nai, etc.
(VNA)
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