Data from the Foreign Investment Agency under the Ministry of Finance, cited in a report by the National Statistics Office, showed that registered foreign direct investment (FDI) as of October 31 totalled USD 54.85 billion. The figure includes newly registered capital, additional investment in existing projects, and foreign investors' capital contributions and share purchases.
Of the total, 3,478 new projects were licensed, with registered capital of USD 30.73 billion. The number of projects rose 4.7 per cent year-on-year, while their registered capital more than doubled.
Manufacturing and processing attracted the largest share of newly registered investment, at USD 14.61 billion, or 47.5 per cent of the total. Transportation and warehousing ranked second with USD 5.15 billion, accounting for 16.7 per cent, while other sectors received USD 10.98 billion, or 35.8 per cent.
Among the 80 countries and territories whose investors were granted licences for new projects in Vietnam during the period, Singapore was the largest source of investment, with USD 9.52 billion, or 31 per cent of the total.
South Korea ranked second with USD 5.81 billion, accounting for 18.9 per cent, followed by Luxembourg with USD 4.99 billion, or 16.2 per cent.
Investors from Hong Kong, China, contributed USD 3.57 billion, or 11.6 per cent, while China accounted for USD 2.77 billion, or 9 per cent. Japan invested USD 1.58 billion, representing 5.1 per cent, and the Netherlands contributed USD 438.5 million, or 1.4 per cent.
HCM City led the country in newly registered FDI, attracting more than USD 10.3 billion across 1,761 newly licensed projects in the first 10 months. Thai Nguyen Province ranked second, with more than USD 5.8 billion.
Meanwhile, 1,079 projects licensed in previous years registered additional investment of USD 16.13 billion, up 33.2 per cent from the same period last year.
Realised FDI in Vietnam was estimated at USD 24.08 billion during the 10-month period, an increase of 13.1 per cent year-on-year. This was the highest disbursement recorded for the same period in the past five years, according to the Foreign Investment Agency.
Manufacturing and processing accounted for the largest share of realised investment, at USD 19.96 billion, or 82.9 per cent of the total.
Real estate business attracted USD 1.76 billion, representing 7.3 per cent, while electricity, gas, hot water, steam and air-conditioning production and distribution received USD 785.2 million, or 3.3 per cent.