Foreign Investment Situation in Vietnam for the First Nine Months of 2024
As of September 30, 2024, the total registered capital from new, adjusted, and contributed investments by foreign investors reached over 24.78 billion USD, an increase of 11.6% compared to the same period in 2023.
Specifically, there were 2,492 new projects granted Investment Registration Certificates (a decrease of 4.3% compared to the same period), with total registered capital reaching nearly 13.55 billion USD (an increase of 11.3% compared to the same period); 1,027 projects registered for capital adjustment (an increase of 7.3% compared to the same period), with additional registered capital exceeding 7.64 billion USD (an increase of 48.1% compared to the same period); and 2,471 capital contribution transactions by foreign investors (a decrease of 6.5% compared to the same period), with total contributed capital reaching nearly 3.59 billion USD (a decrease of 26.2% compared to the same period).
Foreign investors have invested in 18 out of 21 sectors of the economy. Among them, the manufacturing and processing industry leads with a total investment of nearly 15.64 billion USD, accounting for approximately 63.1% of the total registered capital, a slight decrease of 0.4% compared to the same period. The real estate sector ranks second with total investment exceeding 4.38 billion USD, accounting for nearly 17.7% of the total registered capital, more than 2.2 times that of the same period. The following sectors include electricity production and distribution, and wholesale and retail, with registered capital of nearly 1.12 billion USD and over 920 million USD, respectively. The remaining sectors are others.
A total of 98 countries and territories have invested in Vietnam during the first nine months of 2024. Singapore leads with total investment exceeding 7.35 billion USD, accounting for nearly 29.7% of the total investment, an increase of 69% compared to the same period in 2023. China ranks second with over 3.2 billion USD, accounting for 13% of the total investment, a decrease of 4.5% compared to the same period. Following are South Korea, Hong Kong, Japan, etc.
Singapore leads with a total investment of over 7.35 billion USD, accounting for nearly 29.7% of the total investment.
In terms of the number of projects, China is the leading partner with new investment projects (accounting for 29.3%); South Korea leads in terms of capital adjustments (accounting for 23.9%) and capital contributions (accounting for 25.6%).
China is the leading partner in terms of the number of new investment projects, accounting for 29.3%
Foreign investors have invested in 55 provinces and cities across the country during the first nine months of 2024. Bắc Ninh leads with total registered capital exceeding 4.5 billion USD, accounting for 18.2% of the total investment nationwide, more than 3.47 times that of the same period. Next is Ho Chi Minh City with over 1.91 billion USD, accounting for 7.7% of total registered capital, a decrease of 15.1% compared to the same period. Quảng Ninh ranks third with total registered capital exceeding 1.81 billion USD, accounting for 7.3% of total investment nationwide. Following are Bà Rịa – Vũng Tàu, Bình Dương, Hà Nội, etc.
In terms of the number of projects, Ho Chi Minh City leads the country in both new projects (accounting for 41.1%) and capital contributions (accounting for 70.5%). Bắc Ninh leads in the number of capital adjustment projects (accounting for 14.5%).
Ho Chi Minh City leads the country in the number of new projects (accounting for 41.1%)
[Source: Ministry of Planning and Investment]
