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| Illustrative photo (Source: VNA) |
Of the foreign capital registered in Vietnam since the beginning of the year, newly registered capital increased by nearly 28%, reaching nearly USD5.3 billion; investment capital through share contribution and purchase reached USD3.3 billion, up 67% over the same period; and adjusted capital decreased by more than 59% to only USD2.3 billion.
The Foreign Investment Agency commented that after 5 months, the situation of attracting foreign investment into Vietnam improved.
According to statistics from the Foreign Investment Agency, projects under USD1 million accounted for nearly 70% of new projects, but the capital scale took only 2.2% of the total newly registered capital in 5 months. This showed that small investors continue to be interested in the Vietnamese market, while large corporations are still cautious to invest in the context of the impact of the global minimum tax policy.
Among the sectors attracting capital, the processing and manufacturing industry still attracted the most capital with more than USD6.6 billion, accounting for 61% of the total newly registered capital.
Thanks to the deal in which a Japanese financial group spent USD1.5 billion to buy 15% of capital in VPBank, the banking and finance sector surpassed real estate to rank second, with a total investment capital of more than USD1.53 billion, an increase of 12 times over the same period last year.
Meanwhile, capital poured into real estate continued to decrease, reaching nearly USD1.2 billion, down 61% from the same period.
Hanoi was the leading locality in the country in attracting capital, with nearly USD1.9 billion, up 2.7 times over the same period last year, followed by Bac Giang with over USD1 billion, up 2.4 times from the same period in 2022.
Foreign investors from Singapore, Japan and China still poured the most capital into Vietnam in the past 5 months, with USD2.5 billion; USD2.1 billion and USD1.6 billion, respectively./.