Mr.Believer
posted on 30/04/2024
Foreign direct investment (FDI) realized in Vietnam in the first four months of 2024 is estimated at $6.28 billion, marking a 7.4% increase compared to the same period last year. This represents the highest FDI realization in the first four months of the year in the past five years.
According to statistics from the Foreign Investment Agency (Ministry of Planning and Investment), total foreign investment registered in Vietnam as of April 20, 2024, including newly registered capital, adjusted capital, and capital contributed to buy shares of foreign investors, reached nearly $9.27 billion, up 4.5% compared to the same period last year.
Specifically, there were 966 newly licensed projects with a registered capital of $7.11 billion, up 28.8% in the number of projects and 73.2% in registered capital compared to the same period last year. Among these, the manufacturing and processing industry attracted the largest FDI with a registered capital of nearly $5 billion, accounting for 70.2% of the total newly registered capital; real estate business activities reached $1.6 billion, accounting for 22.5%; and other sectors reached $519.6 million, accounting for 7.3%.
Among the 50 countries and territories investing in new projects in Vietnam in the first four months of 2024, Singapore emerged as the largest investor with $2.59 billion, accounting for 36.4% of the total newly registered capital.
Following Singapore is the Hong Kong Special Administrative Region (China) with $898.6 million, accounting for 12.6%; Japan with $814.1 million, accounting for 11.4%; China with $740.2 million, accounting for 10.4%; Turkey with $730.1 million, accounting for 10.3%; and Taiwan with $512.3 million, accounting for 7.2%.
Notably, the foreign direct investment (FDI) realized in Vietnam from the beginning of the year until now reached $6.28 billion, up 7.4% compared to the same period last year. This marks the highest FDI realization in the first four months of the year in the last 5 years. Specifically, processing and manufacturing industries reached $4.93 billion, accounting for 78.5% of the total FDI realized; real estate business activities reached $607.6 million, accounting for 9.7%; and electricity production, distribution, gas, hot water, steam, and air conditioning production reached $259.8 million, accounting for 4.1%.
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