Foreign capital poured into real estate decreased sharply

Báo Thanh niênBáo Thanh niên26/05/2023


According to the Foreign Investment Agency (Ministry of Planning and Investment), as of May 20, the total registered foreign investment (FDI) capital in Vietnam reached nearly 10.86 billion USD, down 7.3% over the same period last year. Specifically, newly registered capital reached more than 5.26 billion USD, up 27.8%; adjusted capital reached 2.28 billion USD, down 59.4%; investment capital through capital contribution and share purchase reached nearly 3.32 billion USD, up 67.2%. In particular, capital flow into real estate decreased sharply.

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Foreign capital poured into real estate decreased sharply

In recent years, FDI capital invested in Vietnam's real estate industry has always ranked second among the fields attracting foreign capital. However, in the first 5 months of this year, the real estate industry dropped to third place when it attracted only 1.16 billion USD from foreign investors, down 61.3% compared to the investment capital of nearly 3 billion USD in this field in the same period last year.

On the contrary, financial and banking activities have risen to second place in attracting FDI capital since the beginning of the year with a total capital of more than 1.53 billion USD, an increase of more than 12 times compared to the same period last year.

Meanwhile, the processing and manufacturing industry continued to lead with total investment capital reaching more than 6.64 billion USD, accounting for 61.2% of total registered investment capital and down 2.5% over the same period last year.

In terms of investment partners, in the first 5 months of the year, 82 countries and territories invested in Vietnam. Of which, Singapore took the lead with a total investment capital of more than 2.53 billion USD, accounting for more than 23.3% of the total investment capital in Vietnam, down 14.3% over the same period in 2022; Japan ranked second with nearly 2.1 billion USD, accounting for nearly 19.1% of the total investment capital, nearly 2.2 times higher than the same period. Meanwhile, China ranked third with a total registered investment capital of nearly 1.61 billion USD, accounting for 14.8% of the total investment capital, up 41.9% over the same period last year.

Hanoi is leading with a total registered investment capital of nearly 1.87 billion USD, accounting for nearly 17.2% of the total registered investment capital and an increase of nearly 2.7 times compared to the same period in 2021. Coming in second is Bac Giang, with a total registered investment capital of more than 1 billion USD, accounting for more than 9.4% of the total investment capital nationwide, an increase of nearly 2.4 times compared to the same period last year. Followed by Ho Chi Minh City, Binh Duong, Dong Nai...

See also:

ECONOMIC MOVEMENTS May 26: Indian billionaire wants to invest 10 billion USD in Vietnam | Germany falls into recession



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