Vietnam receives FDI worth around $1.7 bln in Jan

According to the Ministry of Planning and Investment, 153 new FDI projects were granted investment registration certificates in January 2023 of more than $1.2 billion, marking an increase of 48.5% in the number of projects and over 3.1 times in the amount of committed capital compared to the same period.

The expected realized capital of FDI projects is expected to reach $1.35 billion, a decrease of 16.3% compared to the same period in 2022.

Processing and manufacturing sector attracted the largest portion of investment, with 79.5% of the total registered investment capital, totaling almost $1.34 billion.

The transportation and warehousing sector followed, attracting $82.9 million in investment.

The construction and real estate sectors were also significant contributors, registering capital totals of over $63.7 million and $60.9 million respectively.

Singapore was the top investment partner, with a total investment of more than $813.9 million, accounting for 48.3% of all investment capital in Vietnam, a 22.3% increase over the same period in 2022. China followed with $265.6 million and Korea came in third with more than $148.8 million in registered investment capital.

32 regions and cities across Vietnam received investments from foreign investors in January 2023. Bac Giang topped the list, attracting nearly 47% of all registered investment capital with a total of $791.9 million. Ho Chi Minh City came in second, with 50 new projects and a total registered investment capital of over $179 million.

In the same period, 89 FDI projects were registered to adjust investment capital, totaling nearly $306.3 million in additional capital, which is a decrease of 75.9% compared to the same period in the previous year.

Similarly, 204 FDI projects were registered to contribute capital to purchase shares from foreign investors, totaling more than $174.1 million in capital contributions, a decrease of 60.7% over the same period.