According to the Ministry of Planning and Investment, as of February 20, 2023, the total foreign direct investment (FDI) registered in Vietnam including newly registered capital, adjusted registered capital and the value of capital contribution and share purchase by foreign investors reached US$3.1 billion, down 38% over the same period last year.
Structure of foreign investment capital in the first 2 months of 2023 compared to the same period in 2022
Of which, 261 new projects were granted Investment Registration Certificates (increasing by 42.6% over the same period), the total registered capital reached more than 1.76 billion USD (up nearly 2.8 times over the same period); There were 133 projects registered to adjust investment capital (down 6.3% over the same period), the total additional registered capital reached nearly 535.4 million USD (down 85.1% over the same period); There were 440 times of buying capital contribution by foreign investors (up 10% over the same period), the total value of contributed capital reached nearly 797.9 million USD (up 3.7% over the same period).
Regarding investment in commodity sectors, foreign investors invested in 17 sectors out of 21 national economic sectors; in which, the processing and manufacturing industry led the way with a total investment of nearly 2.17 billion USD, accounting for 70.1% of the total registered investment capital, followed by the real estate business with the total investment capital of nearly 396.9 million USD, accounting for more than 12.8% of total registered investment capital; wholesale and retail industries with a total investment of nearly 202.1 million USD, transportation and warehousing with a total registered capital of nearly 141.9 million USD.
10 provinces attracting the most FDI in Vietnam in February 2022
Regarding investment in localities, foreign investors invested in 39 provinces and cities across the country in February 2023. Bac Giang took the lead with a total registered investment capital of more than 824.3 million USD, accounting for more than 26.6% of the total registered investment capital and increasing by more than 8.4 times over the same period in 2022. Ho Chi Minh City ranked second with more than 103 new projects and a total registered investment capital of more than 369, 1 million USD, accounting for more than 11.9% of the total investment capital of the country. Following were the localities of Binh Duong, Quang Ninh, Dong Nai, Hai Phong, Bac Ninh, Ba Ria – Vung Tau, Hung Yen and Tay Ninh. Tay Ninh ranked at the bottom of the Top 10 list with a total foreign investment capital of 81.13 million USD. In particular, while in January 2023, Quang Ninh ranked only 13/53 in terms of FDI attraction, in February 2023, this locality jumped 9 places, surpassing Bac Ninh and Dong Nai to enter the top 4 localities attracting the highest FDI in the country in the first 2 months of the year. The reason is that within a month, this locality had 2 more newly registered projects, bringing the total newly granted capital from 12.84 million USD in January 2023 to 331.84 million USD in February 2023. Since then, the total newly registered capital, adjusted and contributed capital to buy shares, buy capital contribution of foreign investors reached about 332.2 million USD as of February 20, 2023.