FDI investment in real estate increased by 50% to nearly 8 billion USD.

DNHN - Despite fluctuations in the real estate market, realized foreign investment project capital and registered FDI capital increased in the second quarter of 2023.

The report on the real estate market in Vietnam for the second quarter of 2023, compiled by the Ministry of Construction, provides a comprehensive analysis of the market. Concurrently, the report also

Foreign direct investment in the real estate sector

The total newly registered capital, adjusted and contributed capital to buy shares, and buy capital contribution of foreign investors exceeded 13,43 billion USD as of June 20, 2023, representing 95.7% growth over the same period and a 3% increase over the first five months of the year.

The estimated realized capital of foreign investment projects is 10,02 billion US dollars, up 0.5% from the same period in 2022. Foreign direct investment (FDI) capital reached nearly 8 billion USD in the second quarter of 2023, a nearly 50% increase from the first quarter of 2023 (approximately 5.4 billion USD).

In addition to the decreases in adjusted investment capital, new investment capital, and capital contribution for the purchase of shares, the purchase of contributed capital has continued to rise over the same period last year. In general, FDI invested in economic sectors decreased slightly, with real estate recording the largest decline with a total registered capital of $1.53 billion, down 51.5% from the same period last year (source: Foreign Investment Department, Ministry of Planning and Investment). Consequently, real estate lost the second position in the ranking of investment attraction.

According to economic organizations, Vietnam is a bright spot in terms of FDI attraction, with a significant amount of FDI flowing into real estate industries and fields.

To keep up with the times, Vietnam must select high-quality FDI investors in the real estate industry and implement several essential solutions.

Key solutions include: operating monetary policy tools flexibly and synchronously to meet the needs of credit capital flow for real estate market development; creating conditions for businesses, home buyers, and investors to quickly access credit capital; reducing lending interest rates to support the real estate market; urgently promulgating and improving the quality of planning to ensure a reasonable distribution, corresponding to the development of infrastructural facilities; and urgently promulgating and improving the quality of planning to ensure a reasonable distribution, common

Nghe Nhan