Singapore took the lead in pouring FDI into Vietnam in the first 7 months of this year, with a total investment of nearly 3.64 billion USD, accounting for more than 22.4% of total investment capital in Vietnam.

Singapore, South Korea and China are the three countries pouring the most foreign direct investment (FDI) into Vietnam in the first seven months of 2023.

According to statistics of the Ministry of Planning and Investment, as of July 20, 2023, it is estimated that foreign investment projects have disbursed about US$ 11.58 billion, a slight increase of 0.8% over the same period last year. 2022, an increase of 0.3 percentage points compared to the first 6 months of the year

Total newly registered capital, adjusted and contributed capital to buy shares, buy capital contribution from FDI investors is nearly 16.24 billion USD, up 4.5% over the same period, up 8.8 percentage points compared to the same period last year. with the first six months of the year. In addition to the reduced adjusted investment capital, the new investment capital and capital contribution to purchase shares continued to increase over the same period.

Structure of FDI capital in the first 7 months of 2023 by month and by capital investment method

Processing and manufacturing industry leads the way in attracting FDI

Foreign investors have invested in 18 sectors out of a total of 21 national economic sectors. In which, the processing and manufacturing industry took the lead with a total investment of more than 10.93 billion USD, accounting for more than 67.3% of the total registered investment capital and up 9.3% over the same period. Real estate business ranked second with a total investment of more than 1.61 billion USD, accounting for more than 9.9% of total registered investment capital, down 49.8% over the same period.

Banking and finance, professional activities, science and technology ranked 3rd and 4th with a total registered capital of more than 1.53 billion USD (nearly 63.9 times) and nearly 737,6 million USD respectively. (up 40.2%). The rest are other industries.

In terms of the number of new projects, the manufacturing industry is also the leading industry in terms of new projects (accounting for 31.1%) and capital adjustment (accounting for 55%). Wholesale and retail lead in the number of GVMCP transactions (accounting for 43%).

FDI structure in the first 7 months of 2023 by partner

Singapore - the largest FDI investor

In the first 6 months of 2023, 94 countries and territories have invested in Vietnam. In which, Singapore leads with a total investment of nearly 3.64 billion USD, accounting for more than 22.4% of total investment capital in Vietnam, down 15.5% over the same period in 2022; South Korea ranked second with nearly 2.34 billion USD, accounting for 14.4% of total investment capital, down 28.2% over the same period. China ranked third with a total registered investment capital of more than 2.33 billion USD, accounting for nearly 14.4% of total investment capital, up 77.8% over the same period. Followed by Japan, Hong Kong, Taiwan, ...

In terms of the number of projects, China leads in the number of new projects (accounting for 20%). Korea leads in the number of capital adjustments (accounting for 26.2%) and GVMCP (accounting for 28.5%).