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| New investment saw increases in registered capital, number of projects and scale. (Photo: VNA) |
Statistics of the Foreign Investment Agency under the Ministry of Planning and Investment showed that July recorded 2.8 billion USD of registered foreign direct invetsment (FDI) capital in the seven months, accounting for 15.6% of the total.
As of July 20, registered FDI capital in Vietnam totalled 18 billion USD, a year-on-year rise of 10.9%, while disbursed FDI capital reached 12.55%, a year-on-year rise of 8.4%.
New investment increased in terms of registered capital, number of projects as well as capital scale as each project had an average capital of more than 5.9 million USD, compared to 4.9 million USD in the first seven months of 2023.
In the past seven months, foreign investors invested in 18 out of 21 sectors of the national economy. Of which, the processing and manufacturing industry took the lead with a total investment capital of more than 12.65 billion USD, accounting for 70.3% of the total, a year-on-year increase of 15.7%.
The real estate industry ranked second with more than 2.87 billion USD, accounting for nearly 16% of the total, a year-on-year increase of 78%.
Among 91 countries and territories investing in Vietnam in the period, Singapore led with nearly 6.52 billion USD, accounting for nearly 36.2% of the total, a year-on-year increase of 79.1%. It was followed by Hong Kong with over 2.19 billion USD, accounting for 12.2%, a more than two-fold increase.
The project of an investor from Kyrgyzstan only had a registered capital of 5 million USD, but this was the first investment from this economy in Vietnam.
In terms of location, statistics show that foreign investors have invested in 48 provinces and cities across the country in the first seven months of 2024.
Bac Ninh led among 48 provinces and cities receiving foreign investment in the period with nearly 3.2 billion USD, accounting for nearly 17.8%, more than three times higher than the same period. Next is Quang Ninh with more than 1.56 billion USD; Ho Chi Minh City ranks 3rd with 1.55 billion USD. They were followed by Ba Ria - Vung Tau, Hanoi and Hai Phong.
The largest foreign investment project since the beginning of the year came from Amkor Group with an increased capital of 1.07 billion USD./.