The Foreign Investment Agency stated that the support of the Government and the Prime Minister, the close coordination with ministries, branches and localities in proactively approaching, grasping and removing bottlenecks and legal barriers that are hindering business investment activities of enterprises, has helped enterprises stabilize and improve production and business. As a result, the investment capital for implementing FDI projects continued to increase compared to the same period last year.

Number of new investment projects increased by 58.1% over the same period

In the 11 months of 2023, the total newly registered capital, adjusted capital, and capital contribution and purchase of shares and capital contributions by foreign investors reached nearly 28.85 billion USD, up 14.8% over the same period, a slight increase of 0.1 percentage points compared to 10 months.

Figures from the Foreign Investment Agency also show that 2,865 new projects were granted investment registration certificates, up 58.1% over the same period, with total registered capital reaching more than 16.41 billion USD, up 42.4% over the same period.

At the same time, there were 1,152 projects registering to adjust investment capital, up 15.9% over the same period, the total additional investment capital reached more than 6.47 billion USD, down 32.1% over the same period; 3,166 capital contribution transactions to buy shares by foreign investors, down 4% over the same period, the total value of contributed capital reached nearly 5.97 billion USD, up 46.4% over the same period.

In terms of investment, foreign investors invested in 18/21 national economic sectors. The processing and manufacturing industry took the lead with a total investment capital of over 20.97 billion USD, accounting for nearly 72.71% of the total registered investment capital and up 40.2% over the same period. The real estate business ranked second with a total investment capital of over 2.87 billion USD, accounting for nearly 10% of the total registered investment capital, down 31.4% over the same period.

In terms of investment locations, foreign investors invested in 56 provinces and cities across the country in the first 11 months of 2023. Quang Ninh still leads the country in attracting FDI, with a total registered investment capital of nearly 3.11 billion USD, accounting for nearly 10.8% of the total registered investment capital, up 42.3% over the same period in 2022.

Ho Chi Minh City ranked second with a total registered investment capital of more than 3.08 billion USD, accounting for 10.7% of the country's total investment capital, down 12.9% over the same period. Following in turn were Hai Phong, Bac Giang, and Hanoi, with total registered investment capital of 2.8 billion USD, 2.7 billion USD, and 2.6 billion USD, respectively.

The number of new investment projects increased by 58.1% over the same period, focusing on provinces and cities with many advantages in attracting FDI including good infrastructure, stable human resources, efforts to reform administrative procedures and dynamism in investment promotion, etc. such as Ho Chi Minh City, Hanoi, Bac Ninh, Binh Duong. These 4 localities alone accounted for 67.4% of the country's new projects in 11 months.

Singapore leads with total investment capital of nearly 5.15 billion USD

Since the beginning of the year, 110 countries and territories have invested in Vietnam. Singapore leads with a total investment capital of nearly 5.15 billion USD, accounting for more than 17.8% of the total investment capital in Vietnam, down 10.9% compared to the same period in 2022.

Hong Kong (China) ranked second with more than 4.33 billion USD, accounting for 15% of total investment capital, 2.2 times higher than the same period.

South Korea ranked third with a total registered investment capital of more than 4.17 billion USD, accounting for nearly 14.5% of total investment capital, a slight increase of 1.2% over the same period. Followed by China, Japan, Taiwan (China)...

In terms of number of projects, China leads in the number of new projects (accounting for 22.1%). South Korea leads in the number of capital adjustments (accounting for 26.2%) and capital contributions to buy shares (accounting for 27.9%).

In 11 months, the import-export and export turnover (including crude oil) of the foreign investment sector was estimated at 237.16 billion USD, down 6.9% over the same period, accounting for 73.3% of the export turnover. Exports excluding crude oil were estimated at 235.42 billion USD, down 6.8%, accounting for 72.8% of the country's export turnover. Imports of the foreign investment sector were estimated at more than 192 billion USD, down 11.1% over the same period and accounting for 64.3% of the country's import turnover.

As of November 20, 2023, the country has 38,844 valid projects with a total registered capital of nearly 462.4 billion USD. The accumulated realized capital of foreign direct investment projects is estimated at nearly 294.2 billion USD, equivalent to 63.6% of the total registered investment capital in effect.

In terms of investment, foreign investors have invested in 19/21 sectors in the national economic classification system; of which, the processing and manufacturing industry accounts for the highest proportion with more than 280.5 billion USD (accounting for 60.7% of total investment capital).

Next are real estate businesses with more than 67.6 billion USD (accounting for 14.6% of total investment capital); electricity production and distribution with nearly 38.6 billion USD (accounting for 8.3% of total investment capital).

In terms of investment locations, foreign investors are present in all 63 provinces and cities nationwide; in which, Ho Chi Minh City is the leading locality in attracting FDI with more than 57.25 billion USD (accounting for nearly 12.4% of total investment capital); followed by Binh Duong with more than 40.3 billion USD (accounting for 8.7% of total investment capital); Hanoi with more than 39.58 billion USD (accounting for nearly 8.6% of total investment capital).