According to a report by the Foreign Investment Agency (Ministry of Planning and Investment), Bac Ninh is the leading locality in the country in attracting foreign direct investment (FDI) in the first 6 months of 2024.
From the beginning of the year to June 20, the total newly registered capital, adjusted capital, and capital contribution to buy shares and capital contributions of foreign investors registered in Vietnam reached nearly 15.2 billion USD, up 13.1% over the same period last year. The realized capital of foreign investment projects is estimated at about 10.84 billion USD, up 8.2% over the same period in 2023.
As of June 20, the country had 40,544 valid foreign investment projects with a total registered capital of 484.77 billion USD. The accumulated realized capital of foreign investment projects is estimated at about 308 billion USD, equivalent to 63.5% of the total registered investment capital in effect.
Foreign investors have invested in 48 provinces and cities across the country. Bac Ninh province leads with a total registered investment capital of nearly 2.58 billion USD, accounting for nearly 17% of the country's total investment capital, 3.1 times higher than the same period last year.
According to the report of the Department of Statistics of Bac Ninh province, with an open investment environment, modern infrastructure, and abundant labor resources, Bac Ninh has been affirming its position as an attractive destination for investors.
In the first six months of the year, Bac Ninh attracted 244 newly registered foreign investment projects, a sharp increase (an increase of 105 projects, or 75.5% over the same period last year, of which investors mainly came from China (157 projects; Hong Kong (China) 30 projects; Singapore 23 projects) and 1,101.8 million USD of newly registered capital, a huge increase (an increase of 531.41 million USD, or 93.2%).
In addition, Bac Ninh province adjusted capital for 77 projects (an increase of 14 projects), with the adjusted capital increase of 1,526.1 million USD (an increase of 1,200.7 million USD); contributed capital, purchased shares, and contributed capital 26 times (an increase of 4 times) with a value of 29.3 million USD (an increase of 19.5 million USD); revoked 29 projects (an increase of 5 projects) with a total investment capital of 27.2 million USD (a decrease of 21.3 million USD).
In June alone, the province granted new investment registrations to 42 projects with a total registered investment capital of 441 million USD; adjusted capital for 17 projects with an increased adjusted capital of 1,080.5 million USD; issued 2 notices approving capital contribution, purchase of shares, and capital contributions of foreign investors in economic organizations with a value of 0.4 million USD; and terminated 5 projects with a total registered investment capital of 2.77 million USD.
Bac Ninh's investment capital took the lead in the first 6 months of 2024 and increased sharply compared to the same period due to a large capital adjustment project of 1.07 billion USD from the project of the Semiconductor Materials and Equipment Manufacturing, Assembly and Testing Factory of Amkor Technology Vietnam Co., Ltd. (in Yen Phong II-C Industrial Park). After adjusting the investment registration, the Factory has a total investment capital of 1.6 billion USD, producing 3,600 million products/year.
Up to now, the whole province has 2,347 valid FDI projects with total licensed investment capital reaching 27,673 million USD.
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