The whole country attracted nearly 31.4 billion USD of FDI capital in the past 11 months.

According to the Foreign Investment Agency, in the first 11 months, the total newly registered, adjusted and contributed capital to buy shares by foreign investors reached nearly 31.4 billion USD, up 1% over the same period in 2023.

Bumjim Electronics Vina Co., Ltd. (100% Korean capital). (Photo: Hoang Hieu/VNA)

According to data just released by the Foreign Investment Agency, Ministry of Planning and Investment, in November, the total newly registered capital, adjusted capital, and contributed capital to buy shares and purchase capital contributions by foreign investors was quite large compared to other months of the year with nearly 4.12 billion USD, accounting for 13.1% of the total investment capital of the whole country in 11 months.

In the first 11 months, the total newly registered, adjusted and contributed capital to buy shares by foreign investors reached nearly 31.4 billion USD, up 1% over the same period in 2023.

Regarding implemented capital, as of November 30, foreign investment projects are estimated to have disbursed approximately 21.68 billion USD, an increase of 7.1% over the same period in 2023.

Of the total newly registered, adjusted and contributed capital for share purchase, 3,035 new projects were granted Investment Registration Certificates, up 1.6% over the same period, with total registered capital reaching nearly 17.39 billion USD, up 0.7% over the same period.

There were 1,350 projects registered to adjust investment capital, up 12.9% over the same period, with the total additional registered capital reaching more than 9.93 billion USD, up 40.7% over the same period.

There were 3,029 capital contribution transactions to purchase shares by foreign investors, down 7% over the same period, with a total capital contribution value of nearly 4.06 billion USD, down 39.7% over the same period.

An FDI enterprise in Quang Ninh. (Photo: Hoang Hieu/VNA)

In terms of investment, foreign investors invested in 18 out of 21 sectors of the national economy. The processing and manufacturing industry took the lead with a total investment capital of nearly 20.2 billion USD, accounting for nearly 64.4% of the total registered investment capital, down 8.7% over the same period.

The real estate business ranked second with a total investment capital of nearly 5.63 billion USD, accounting for more than 17.9% of the total registered investment capital, up 89.1% over the same period. Next were the wholesale and retail sectors; electricity production and distribution with a total registered capital of nearly 1.37 billion USD and more than 1.12 billion USD, respectively.

According to the Foreign Investment Agency, many large projects in the fields of semiconductors, energy (production of batteries, photovoltaic cells, silicon bars), manufacturing of components, electronic products, and products with high added value received new investment and capital expansion in 11 months.

In terms of the number of projects, wholesale and retail is the leading industry in the number of new projects (accounting for 35.3%) and the number of capital contribution transactions to purchase shares (accounting for 42.4%). The processing and manufacturing industry leads in the number of capital adjustment projects (accounting for 64.4%).

Among 110 countries and territories investing in Vietnam in 11 months; Singapore leads with a total investment capital of nearly 9.14 billion USD, accounting for more than 29.1% of total investment capital, up 53.7% over the same period in 2023. South Korea ranks second with more than 3.89 billion USD, accounting for 12.4% of total investment capital, down 9% over the same period. Followed by China, Hong Kong (China), Japan...

In terms of number of projects, China is the leading partner in terms of new investment projects (accounting for 28.3%); South Korea leads in terms of capital adjustment (accounting for 22.4%) and capital contribution to buy shares (accounting for 25%).

Among 55 provinces and cities nationwide receiving foreign investment in 11 months, Bac Ninh leads with a total registered investment capital of nearly 5.04 billion USD, accounting for 16% of the total investment capital nationwide, more than 3 times higher than the same period.

Next is Quang Ninh with more than 2.29 billion USD, accounting for 7.3% of total registered investment capital, down 26.3% over the same period. Ho Chi Minh City ranked third with a total registered investment capital of more than 2.28 billion USD, accounting for nearly 7.3% of total investment capital nationwide. Followed by Hai Phong, Hanoi, Binh Duong, etc.

In terms of number of projects, Ho Chi Minh City leads the country in terms of number of new projects (accounting for 42.3%), number of capital adjustment projects (accounting for 14.7%) and capital contribution to buy shares (accounting for 70.9%).

Commenting on the situation of attracting foreign investment in Vietnam, the Foreign Investment Agency said that investment capital continues to focus on provinces and cities with many advantages in attracting foreign investment such as: good infrastructure, stable human resources, efforts to reform administrative procedures and dynamism in investment promotion..., such as: Bac Ninh, Quang Ninh, Ho Chi Minh City, Hai Phong, Hanoi, Binh Duong, Ba Ria-Vung Tau, Dong Nai, Nghe An, Bac Giang.

These 10 localities alone accounted for 79.6% of new projects and 69.4% of the country's investment capital in 11 months./.

Source