FDI capital increases again, small projects under 1 million USD account for nearly 70%

Notably, in the FDI basket, while adjusted investment capital decreased, new investment capital and investment capital through capital contribution and share purchase continued to increase compared to the same period.

Specifically, in the past 7 months, 1,627 new projects were granted investment registration certificates, with a total registered capital of nearly 7.94 billion USD, an increase of 75.5% in the number of projects and 38.6% in capital compared to the same period; 736 projects registered to adjust investment capital, with a total additional capital of nearly 4.16 billion USD, an increase of 27.1% in the number of projects and a decrease of 42.5% in capital compared to the same period; 1,627 capital contribution and share purchase transactions by foreign investors, with a total capital contribution value of 4.14 billion USD, a decrease of 10.6% in the number but an increase of 60.7% in capital compared to the same period.

Newly granted FDI capital increased by more than 38% over the same period

Statistics also show that projects with investment capital of less than 1 million USD account for 69.4% of new projects, but the total investment capital only accounts for 2.7% of the total newly registered investment capital in 7 months. Meanwhile, large corporations are currently cautious, carefully considering continuing to invest heavily in Vietnam in the context of the impact of the global minimum tax policy.

Commenting on the foreign investment situation in the past 7 months, the Foreign Investment Agency said that the positive point is that the realized capital is estimated at 11.58 billion USD in 7 months, a slight increase of 0.8% over the same period in 2022. Notably, this is the first time this year that the total registered investment capital has increased over the same period (up 4.5%) after continuously decreasing in the first 6 months of the year.

In July alone, total registered investment capital reached more than 2.8 billion USD, up 8.9% compared to June, up 41.9% compared to May and up 85.7% compared to the same period.

Regarding adjusted investment capital, the Foreign Investment Agency said that the increase in new investment capital compared to the same period continued to increase more strongly than in the first months of the year. The number of new investment projects also increased sharply compared to the same period. In fact, the growth rate of the number of new projects was nearly twice the growth rate of total investment capital. "This shows that small and medium-sized foreign investors continue to be interested in and confident in Vietnam's investment environment and have made new investment decisions," the Foreign Investment Agency commented.

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