The total registered capital for new investments, adjustments, and share purchases by foreign investors in Vietnam reached nearly US$ 27.3 billion after 10 months, a 2% increase compared to the same period in 2023, according to the Foreign Investment Agency.
10-month FDI investment into Vietnam increases 2% to over US$27 billion
As many as 2,743 new projects were granted investment registration certificates (up 1%), with total registered capital reaching nearly US$12.23 billion (down 3%). In addition, 1,151 projects registered for capital adjustments (up 6%), with additional registered capital of nearly US$8.35 billion (up 42%).
There were also 2,669 transactions involving capital contributions or share purchases by foreign investors (down 10%), totaling over US$3.68 billion (down 29%).
Foreign investors poured investments into 18 out of 21 economic sectors. Manufacturing and processing took the lead with total FDI hitting nearly US$17.1 billion, accounting for nearly 63% of total registered capital, but decreasing by 15% compared to the same period last year.
In total, 106 countries and territories invested in Vietnam over the past 10 months. Singapore was the largest investor, injecting more than US$7.79 billion, up 61% year on year. It was followed by China, the Republic of Korea, Japan, and Hong Kong.
In terms of project count, China took the lead in new investment projects this year, making up 29% of the total, while the Republic of Korea led in capital adjustments, representing 23% and in capital contribution/share purchase transactions - 26%.
Foreign investors channeled investment into 55 provinces and cities across Vietnam over the past 10 months.
Bac Ninh was the largest recipient with nearly US$4.7 billion, marking a 3.15-fold increase over the same period last year. It was followed by Ho Chi Minh City, Quang Ninh, Hai Phong, Ba Ria - Vung Tau, Binh Duong, and Hanoi.
By the end of October, foreign investment projects were estimated to have disbursed over US$19.58 billion, an increase of 9% year on year.
The foreign-invested sector achieved a trade surplus of nearly US$42.4 billion, including crude oil, and a surplus of over US$40.8 billion excluding crude oil. In contrast, the domestic enterprise sector recorded a trade deficit of nearly US$19.4 billion.