Singapore leads in FDI investment in Vietnam


Illustrations

According to the report of the Ministry of Planning and Investment, by April 2022, the total newly registered capital, adjusted and contributed capital to buy shares, purchase capital contribution (GVMCP) of foreign investors (foreign investors) reached over 10.8 billion USD, equaling 88.3% over the same period in 2021. In which, newly registered capital decreased by 56.3%, adjusted capital and GVMCP increased strongly by 92.5% and 74.5 respectively. %. Realized capital of foreign investment projects is estimated at 5.92 billion USD, up 7.6% over the same period in 2021.

Accumulated to April 20, 2022, the whole country has 34,891 valid projects with a total registered capital of nearly $424.59 billion. The accumulated realized capital of foreign investment projects is estimated at over 257.52 billion USD, equal to 60.7% of the total valid registered investment capital.

Export turnover of the FDI sector continued to increase in the first 4 months of 2022. Exports (including crude oil) were estimated at nearly 91.14 billion USD, up 15.4% over the same period, accounting for 74% of the turnover. export quota. Exports excluding crude oil were estimated at over US$90.36 billion, up 15.2% over the same period, accounting for 73.4% of the country’s export turnover. The import of the foreign investment sector was estimated at nearly 80.39 billion USD, up 18.7% over the same period and accounting for 65.8% of import turnover of the whole country.

Foreign investors have invested in 18 industries out of a total of 21 national economic sectors. In which, the processing and manufacturing industry leads the way with a total investment of nearly 6.2 billion USD, accounting for 57.2% of the total registered investment capital. Real estate business ranked second with total investment capital of over 2.8 billion USD, accounting for 26.1% of total registered investment capital. Next are the wholesale and retail industries; professional science and technology activities with a total registered capital of nearly 667.8 million USD and nearly 357.5 million USD respectively. The rest are other industries.

In the number of new projects, wholesale and retail, processing and manufacturing industry and professional science and technology activities are the industries that attract the most projects, accounting for 28.6%, 25.8% and 25.8% respectively. 18.1% of total projects.

Up to now, 72 countries and territories have invested in Vietnam in the first 4 months of 2022. In which, Singapore leads with total investment capital of over 3.1 billion USD, accounting for 28.8% of total capital. investment in Vietnam, down 35.8% over the same period in 2021; Korea ranked second with over 1.82 billion USD, accounting for 16.9% of total investment capital, up 53.9% over the same period. With a large-scale Lego project with a total investment of over 1.3 billion USD, Denmark continues to rank third with a total registered investment capital of nearly 1.32 billion USD, accounting for 12.2% of the total investment capital. private. Followed by China, Japan, the Netherlands.

According to the number of projects, Korea is still the partner with the most investors interested in and making new investment decisions as well as expanding investment projects and GVMCP in the first 4 months of 2022 (accounting for 18.7%. number of new projects, 33.7% of adjustments and 37.3% of GVMCPs).

Foreign investors have invested in 44 provinces and cities across the country in the first 4 months of 2022. Binh Duong leads the way with a total registered investment capital of nearly 2.35 billion USD, accounting for 21.7% of total registered investment capital. signed and more than 4.9 times higher than the same period in 2021. Bac Ninh ranked second with a total investment capital of nearly $1.57 billion, accounting for 14.5% of total capital. City. Ho Chi Minh City ranked third with a total registered investment capital of nearly 1.28 billion USD, accounting for 11.8% of total capital and increasing by 12.2% over the same period in 2021. Following in turn is Thai Nguyen, Hanoi, Hai Phong,…

In terms of the number of new projects, foreign investors still focus on investing in big cities with convenient infrastructure such as Ho Chi Minh City. Ho Chi Minh, Hanoi. In it, City. Ho Chi Minh City leads in number of new projects (39.9%), number of GVMCPs (70.4%) and second in number of projects with capital adjustment (13.6%, after Hanoi is 16, first%).

With the continuous and effective support of the Government and authorities, along with the efforts of the business community to overcome the pandemic and adapt to the new situation, businesses continue to recover, maintain and expand production and business activities.

Ta Nhi (t/h)

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