As of August 31, the total registered FDI in Vietnam reached over 20.5 billion USD, an increase of 7% over the same period in 2023, of which Bac Ninh continued to take the lead with a total registered investment of nearly 3.47 billion USD.
According to the Ministry of Planning and Investment, both registered and implemented FDI increased compared to the same period last year. FDI projects disbursed 14.15 billion USD, up 8%. Meanwhile, the capital contributions and share purchases of foreign investors continued to decline. The total value of capital contribution reached nearly 2.81 billion USD (down 40.9% compared to the same period).
More than 69% of FDI capital was invested in the processing and manufacturing industry (14.17 billion USD). The real estate sector ranked second with a total investment of over 3.36 billion USD. Next were the wholesale and retail sectors; professional, scientific, and technological activities.
94 countries and territories have invested in Vietnam, of which Singapore leads with a total investment of more than 6.79 billion USD, accounting for nearly 33.1% of total investment, up 75.5% over the same period in 2023.
Hong Kong - China ranked second with 2.4 billion USD, followed by Japan, China, Korea, etc.
The largest investment partners in the first 8 months were all traditional partners of Vietnam, coming from Asia. The top 5 countries and territories, including Singapore, Hong Kong - China, Japan, China, and South Korea, accounted for 74% of new investment projects and 77.1% of the country's total registered investment.
FDI investors invested in 54 provinces and cities, of which Bac Ninh took the lead with a total registered investment of nearly 3.47 billion USD (accounting for 16.9% of the country’s total investment, nearly 3 times higher than the same period). This is also the only province in Vietnam to record a total registered FDI capital exceeding 3 billion USD in 7 months, nearly double the second-ranked province, Quang Ninh (1.78 billion USD).
In addition to traditional partners, Bac Ninh has also expanded cooperation and investment promotion with many large enterprises and corporations from many countries. Some large corporations have been and are continuing to invest or expand their investment scale in the province, such as Goertek, Amkor, Foxconn, Suntory Pepsico, Victory Giant Technology, etc.
The top 10 provinces and cities include: Bac Ninh, Quang Ninh, Ho Chi Minh City, Ba Ria - Vung Tau, Hanoi, Hai Phong, Binh Duong, Dong Nai, Bac Giang, and Thai Nguyen. As of August 31, Vietnam had 41,142 valid foreign investment projects with a total registered capital of 491.3 billion USD. The implemented capital of foreign investment projects is estimated at about 311.3 billion USD, equivalent to 63.4% of the total valid registered investment.
