According to the report from the General Statistics Office, as of April 20, total foreign direct investment (FDI) registered in Vietnam, including newly registered capital, adjusted capital, and capital contribution and share purchase, reached nearly $9.27 billion, up 4.5% compared to the same period in 2023.

Specifically, the registered capital for 966 projects reached $7.11 billion, an increase of nearly 29% in the number of projects and over 83% in value. Among these, the manufacturing and processing industry continues to lead with registered capital of nearly $5 billion (accounting for 70.2%).

Of note, registered capital in the real estate business sector ranked second with $1.6 billion. In contrast, in the first four months of last year, foreign capital flowing into this sector only reached about $386 million. This figure indicates that FDI inflows into the real estate sector have quadrupled compared to last year, despite domestic real estate market facing many challenges.

According to the Ministry of Planning and Investment, over the past 35 years, approximately $66.4 billion of foreign capital has poured into around 1,100 real estate projects in Vietnam, about 15% of total FDI investment. Among them, investors from 48 countries and territories have invested in Vietnam's real estate sector. Topping the list of foreign investors in the Vietnamese real estate market is Singapore, followed by South Korea, the British Virgin Islands, and Japan.

In 2023 alone, the real estate business sector ranked second in attracting FDI with a total investment of nearly $4.67 billion.

Mr. Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association, noted that with abundant capital sources and the advantage of cheap borrowing, many FDI enterprises are pouring capital into industrial real estate, tourism, and residential real estate sectors.

Recent data from KPMG shows that real estate ranks second in terms of the scale of merger and acquisition transactions, accounting for 23% of the total $4.4 billion transactions in the Vietnamese market. Leading the pack are investors from Asia, particularly Singapore, Malaysia, Taiwan (China), and South Korea.