Wednesday, February 21, 2024

Gateway to trade and investment in Canada

(A website of Trade Office-Vietnam Embassy in Canada)

Disbursed foreign investment capital increases by 7.6%

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From the beginning of this year to April 20, total newly registered capital, adjusted and contributed capital to buy shares and capital contribution of foreign investors in Vietnam reached over 10.8 billion USD, equivalent to 88.3% of the same period in 2021, according to the Ministry of Planning and Investment.

Foreign investors have poured their capital in 18 industries out of a total of 21 national economic sectors. In which, the processing and manufacturing industry took the lead with a total investment of nearly 6.2 billion USD, accounting for 57.2% of the total registered investment capital.

Real estate ranked second with over 2.8 billion USD, accounting for 26.1% of the total. It was followed by the wholesale and retail industries, and science and technology activities, with nearly 667.8 million USD and 357.5 million USD, respectively.

In terms of the number of new projects, wholesale and retail, processing and manufacturing, and science and technology attracted the most projects, accounting for 28.6%, 25.8% and 18.1% of the total, respectively.

As many as 72 countries and territories invested in Vietnam during the period. In which, Singapore topped the list with total investment capital of over 3.1 billion USD, accounting for 28.8% of the total.

The Republic of Korea ranked second with over 1.82 billion USD, accounting for 16.9% of the total, up 53.9% over the same period.

With a large-scale Lego project with a total investment of over 1.3 billion USD, Denmark continues to rank third with registered capital of nearly 1.32 billion USD, accounting for 12.2% of the total.

Foreign investors have invested in 44 provinces and cities across the country in the first four months. Binh Duong led with registered capital of nearly 2.35 billion USD, accounting for 21.7% of the total. Bac Ninh ranked second with nearly 1.57 billion USD, accounting for 14.5% of the total.

Ho Chi Minh City ranked third with registered capital of nearly 1.28 billion USD, accounting for 11.8% and up 12.2% over the same period in 2021.

Realized capital of foreign-invested projects in the 4 months reached 5.92 billion USD, up 7.6% over the same period last year./.

Dangcongsan

For more information, please contact Vietnam Trade Office in Canada at Ca@moit.gov.vn