Foreign investment in Vietnam surpasses $26 billion due to heightened investor trust
In the first eight months of the year, Vietnam attracted a significant amount of foreign direct investment (FDI), with 2,534 new projects registered, marking a 12.6% increase from the same period last year.
The processing and manufacturing sector received the largest share of FDI, with a total of $6.53 billion. This sector also accounted for the largest share of FDI disbursement, with almost $12.6 billion. Real estate followed closely as the second largest recipient of FDI, with $2.37 billion.
China and Singapore were the top investors, with China investing almost $2.65 billion, or 24% of newly registered FDI, and Singapore investing $3 billion, accounting for nearly 28% of the total. Japan and Hong Kong also made substantial investments, with Japan investing just under $878 million, close to 8% of newly registered FDI, and Hong Kong investing over $786 million, about 7% of the total. Taiwan and Sweden rounded out the top investors, with Taiwan investing $745.6 million, or 6.8% of newly registered FDI, and Sweden investing approximately $1 billion, or 9% of the total.
The total newly registered capital decreased by around 8% to just over $11 billion. However, the adjusted capital for 996 ongoing projects rose to $10.65 billion, an 86% increase on-year. In addition to the newly licensed projects, there were 21 projects with capital adjustments, adding almost $130 million to the total.
It's worth noting that 1,363 cases worth $2.85 billion did not raise enterprises' charter capital. On the other hand, 882 transactions valued at more than $1.6 billion raised enterprises' charter capital. Close to 2,250 capital contributions and share purchases were recorded, worth nearly $4.46 billion.
Vietnam's outbound investment also saw an increase in the first eight months, with 108 newly licensed projects and an on-year increase of about 190%. This outbound investment amounted to a total registered capital of $426.5 million.
In terms of FDI disbursement, the figures for the first eight months were not available from the provided sources. However, it was estimated that FDI disbursement was $15.4 billion, marking an 8.8% increase on-year. No new facts about FDI disbursement or sector-wise distribution were provided in this paragraph.
In conclusion, Vietnam continues to attract substantial foreign investment, particularly in the processing and manufacturing sector. The top investors include China, Singapore, Japan, Hong Kong, Taiwan, and Sweden. Despite a decrease in total newly registered capital, the adjusted capital for ongoing projects saw a significant increase. Vietnam's outbound investment also showed an increase, with 108 newly licensed projects and an on-year increase of about 190%. However, more detailed information about FDI disbursement and sector-wise distribution is not yet available.
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