FDI investment in real estate increased by 50% to nearly 8 billion USD.
- 128
- Business
- 21:50 07/08/2023
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
Related news
- ShopeeFood and Grab dominate Vietnam’s food delivery market
- The ambitions of major enterprises in 2025
- Rice export prices expected to rebound soon due to limited supply
- Attracting investment in renewable energy – Driving the green economy
- Who are the two mysterious female tycoons holding 52 million HQC shares?
- GDP growth target for 2025: Aiming for a breakthrough pace
- “Green treasure” in the heart of the Mekong Delta
- Việt Nam sets import tariff quotas for salt and poultry eggs in 2025
- Brandnew e-commerce law to address policy gaps
- Bến Tre sets ambitious economic goals in 2025
- Chopin: The magical piano – Touching the heart and emotions of the audience
- The collaboration between Green power and Huawei: A major step in developing a 100MWp solar energy project
- VITA VINA: Where dreams of vocational study abroad take flight
- Green Power and Green Carbon Group sign cooperation agreement for development
- Vinpearl, Hoa Sen Group, Bim Group, and Thành Thành Công – Biên Hòa are the most favored employers
- “Imposing high taxes on short-term real estate purchases reduces market liquidity”
- The policies shaping the future of the United States
- Proposal to provide financial support for troubled BOT traffic projects
- Vietnam promotes a strategy to penetrate the Middle Eastern Halal market
- Request to thoroughly resolve real estate issues and avoid "criminalization"
Đọc thêm Business
Rice export prices expected to rebound soon due to limited supply
The Vietnam Food Association (VFA) has forecasted that rice exports in 2025 will reach 7.5 million tons. The rice market is currently at its lowest point, but it is anticipated that importers will soon ramp up purchases, driving prices upward.
GDP growth target for 2025: Aiming for a breakthrough pace
According to the proposal, Vietnam's national GDP growth target for 2025 must reach at least 8%, laying a solid foundation for achieving double-digit growth rates.
Economic expert Võ Trí Thành assessed: President Donald Trump’s new trade policy will impact Vietnam
According to Dr. Võ Trí Thành, Director of the Institute for Brand and Competitive Strategy Research, Donald Trump’s new trade policy will have significant effects on Vietnam’s economy. He also provides strategic recommendations for businesses.
Vietnam's market advantage: Investment opportunities in a new context
Balancing interests, striving for a 7.5% GDP growth, enhancing international cooperation, promoting technological innovation, and developing appropriate foreign policies are the "keys" for the nation and businesses to overcome challenges.
Việt Nam sets import tariff quotas for salt and poultry eggs in 2025
The Ministry of Industry and Trade has announced import tariff quotas for salt and poultry eggs for 2025, aiming to meet domestic production and consumption needs.
Brandnew e-commerce law to address policy gaps
The proposed law seeks to address gaps in existing regulations and keep pace with technological advancements and evolving business models.
Bến Tre sets ambitious economic goals in 2025
The southern province of Bến Tre eyes ambitious goals to develop its industrial sectors, increase investment, and improve the business environment.
The collaboration between Green power and Huawei: A major step in developing a 100MWp solar energy project
On January 13, 2025, a significant milestone in the clean energy sector was achieved as Green Power Company (Vietnam) and Huawei Group (China) officially signed a Memorandum of Understanding (MOU).
Green Power and Green Carbon Group sign cooperation agreement for development
On January 2, 2025, the collaboration between Vietnam-based Global Green Power and Green Carbon Group marks a testament to continuous efforts in promoting sustainable development through the application of green technology.
Korean businesses wants to import agricultural and seafood products from Ca Mau
Korean businesses have expressed a desire to import agricultural and seafood products from Vietnam, while also researching and developing cosmetics and pharmaceuticals from the unique ingredients of Ca Mau.