Investment Capital from Japan to Vietnam Increases by Over 37% in 2023
In 2023, Japanese investors poured nearly 6.57 billion USD into Vietnam, accounting for over 17.9% of total investment, which is an increase of 37.3% compared to the previous year. With this result, Japan ranks second among countries investing in Vietnam.
Japan Ranks Second Among Countries Investing in Vietnam in 2023
According to the General Statistics Office, foreign direct investment (FDI) realized as of December 20, 2023, is estimated at 23.18 billion USD, an increase of 3.5% compared to the previous year, marking the highest FDI realized to date.
Also according to the General Statistics Office, in 2023, the total registered capital from new, adjusted investments, and capital contributions for purchasing shares by foreign investors exceeded 36.6 billion USD, an increase of 32.1% compared to last year. While adjusted investment capital decreased, new investment and capital contributions for purchasing shares saw a significant increase compared to the previous year.
Foreign investors have invested in 18 out of a total of 21 national economic sectors. The processing and manufacturing industry leads with a total investment of over 23.5 billion USD, accounting for 64.2% of total registered investment and increasing by 39.9% compared to the previous year.
Ranking second is the real estate sector, with total investment of nearly 4.67 billion USD, accounting for over 12.7% of total registered investment, an increase of 4.8% compared to the previous year. The electricity production and distribution; and banking and finance sectors rank third and fourth, with registered capital of over 2.37 billion USD (up 4.9%) and nearly 1.56 billion USD (almost 27 times) respectively.
The Real Estate Sector Ranks Second with Total Investment of Nearly 4.67 Billion USD
In 2023, there were 111 countries and territories investing in Vietnam. Among them, Singapore leads with total investment of over 6.8 billion USD, accounting for 18.6% of total investment in Vietnam, an increase of 5.4% compared to the previous year.
Singapore Leads with Total Investment of Over 6.8 Billion USD
Japan ranks second with nearly 6.57 billion USD, accounting for over 17.9% of total investment, an increase of 37.3% compared to the previous year. The Hong Kong Special Administrative Region ranks third with total registered investment of over 4.68 billion USD, accounting for nearly 12.8% of total investment, more than double compared to the previous year.
In terms of the number of projects, China leads in the number of new projects (accounting for 22.2%). South Korea leads in the number of capital adjustments (accounting for 25.9%) and capital contributions for purchasing shares (accounting for 27.8%).
China Leads in the Number of New Projects (Accounting for 22.2%)
[Source: Electronic Newspaper of the National Assembly Delegates]
