Top 10 largest foreign investment partners in Vietnam in 2022 so far
According to report of the Ministry of Planning and Investment, as of October 20, 2022, the total newly registered capital, adjusted and contributed capital to buy shares by foreign investors (foreign investors) reached more than 22.46 billion USD, equaling 94.6% over the same period in 2021 and up 9.9% over 9 months.
The report shows that newly registered investment capital continued to decrease but improved, adjusted investment capital and capital contribution to buy shares, purchase capital contribution (GVMCP) also continued to increase over the same period.
Specifically, there were 1,570 new projects granted investment registration certificates (up 14.2% over the same period), the total registered capital reached nearly 9.93 billion USD (down 23.7% over the same period last year), an increase of 19.3 percentage points compared to 9 months). Regarding adjusted capital, there were 880 times of projects registered to adjust their investment capital (up 13.4% over the same period), and the total additional registered capital reached more than 8.74 billion USD (up 23.3% compared to the same period last year). Besides, there were 2,997 times of joint stock brokerage by foreign investors (down 2.2% over the same period), the total value of contributed capital reached more than 3.79 billion USD (up 4.5% over the same period).
According to investment partners, there were 103 countries and territories investing in Vietnam in the first 10 months of 2022. In which, Singapore led with a total investment of more than 5.34 billion USD, accounting for 23.8% of the total investment capital into Vietnam, down 21.1% over the same period in 2021.
Japan ranked second with over 4.19 billion USD, accounting for 18.7% of total investment capital, up 23.8% over the same period.
Korea ranked third with a total registered investment capital of over 3.9 billion USD, accounting for 17.4% of total investment capital.
Korea is also the partner with the most interested investors and makes new investment decisions as well as expanding investment projects and GVMCP. In the first 10 months of the year, Korea had 324 new projects, accounting for 20.6% of new projects; 303 projects were adjusted, accounting for 34.4% and there were more than 1,000 turns of GVMCP, accounting for 34.6% of the total number of VVMCPs.
In 4th and 5th place are mainland China and Hong Kong (China) with a total registered capital of 1.71 billion USD and 1.36 billion USD respectively.
In addition, Denmark, Taiwan (China), the United States, the Netherlands, and British Virgin Islands were all among the top 10 largest foreign investors in Vietnam in the first 10 months of the year.
In addition, foreign investors have invested in 18 industries out of a total of 21 national economic sectors. The processing and manufacturing industry continued to lead with a total investment of more than 12.9 billion USD, accounting for 57.5% of total registered investment capital. The real estate business ranked second with a total investment of more than 3.87 billion USD, accounting for 17.2% of total registered investment capital. Next are the electricity production and distribution industries; scientific and technological activities with registered capital of more than 928 million USD and more than 853 million USD, respectively. The rest are other industries.
In terms of the number of new projects, the wholesale and retail sectors, the manufacturing and processing industries and professional science and technology activities attracted the most projects, accounting for 29.9%, 24.8 and 16.7% respectively of total projects.
Accumulated to October 20, 2022, the whole country has 35,895 valid projects with a total registered capital of more than 435 billion USD. The accumulated realized capital of foreign investment projects is estimated at more than 269 billion USD, equaling 61.9% of the total valid registered investment capital.