Foreign investment capital hits over 6.17 billion USD in first quarter

Thursday, 28/03/2024 15:00
As of March 20, total newly registered capital, adjusted capital and capital contribution or share purchase by foreign investors reached more than 6.17 billion USD, a year-on-year increase of 13.4%, according to Ministry of Planning and Investment’s Foreign Investment Agency.
In the first quarter this year, 62 countries and territories have invested in Vietnam in the first 3 months of 2024. (Photo: VNA)

Implemented capital of foreign-invested projects is estimated to reach about 4.63 billion USD, a year-on-year increase of 7.1%.

Accumulated as of March 20, the whole country had 39,758 valid projects with a total registered capital of nearly 475.83 billion USD. The accumulated realized capital of foreign-invested projects is estimated at about 301.8 billion USD, equal to 63.4% of the total valid registered investment capital.

Specifically, there were 644 new projects granted investment registration certificates, a year-on-year increase of 23.4%, with a total registered capital of over 4.77 billion USD, a year-on-year increase of 57.9%.

A total of 934.6 million USD was registered to be added to 248 existing projects and 466.2 million USD earmarked for stake purchase and capital contribution.

Among 62 countries and territories investing in Vietnam, Singapore took the lead in the period with total registered capital of over 2.55 billion USD, up by 51.3%, followed by Hong Kong (China) with 1.05 billion USD, 2.3 times higher.

Foreign investors poured capital into 17 out of 21 economic sectors, among which, the manufacturing and processing industry took the lead with total registered capital of 3.93 billion USD, a slight decrease of 1.3% from the same period last year.

The real estate sector came second with total registered capital of 1.58 billion USD, 2.1 times higher than the figure of the same period last year, followed by the wholesale and retail industry and science and technology with investment of 224.8 million USD and 190.2 million USD, respectively./.

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