Singapore is the first of 97 nations to invest money in Vietnam

DNHN - In the first nine months of 2022, 97 nations and territories invested in Vietnam. With a total investment of approximately 4.75 billion USD, Singapore took the lead with 25.3% of all foreign capital invested in Vietnam.

The Ministry of Planning and Investment (MPI) reports that as of September 20, 2022, there were more than USD 18.5 billion in newly registered capital, adjusted and contributed capital to buy shares, and purchase capital contributions from foreign investors. This represents an increase of 84.7% over the same period in 2021 and a decrease of 3 percentage points when compared to the previous eight months. While adjusted investment capital and capital contribution to acquire shares both increased within the same period, freshly registered investment capital fell.

There were 1,355 new projects given investment registration certificates, a rise of 11.8% during the same time, namely in terms of capital structure. The amount of newly registered capital, however, was just 7.12 billion USD, a 43% decline from the prior period and the worst drop since 2013.

The total extra registered capital reached over US$8.3 billion, up 29.9% over the same period, and there were 769 projects registered to change their investment capital, up 13.4% over the same period.

The overall amount of contributed money reached over 3.28 billion USD, up 1.9% over the same period, and there were 2,697 occasions when foreign investors contributed capital and bought shares, a decrease of 4.7% over the same period.

Out of the 21 national economic sectors, 18 have seen investment from international investors. With a total investment capital of nearly USD 12.1 billion or 64.6% of all registered investment capital, the processing and manufacturing sector maintained its dominance in this sector.

The second-placed industry was real estate, which accounted for nearly 3.5 billion USD in total investment capital and 18.7% of all registered investment capital. Science and technology, wholesale, and retail businesses come in second and third, respectively, with registered capitals of USD 676.9 million and USD 617.9 million.

The manufacturing and processing industries, professional scientific and technical activities, and the wholesale and retail sectors all attracted the newest projects, making up 30%, 25%, and 15% of the total projects, respectively.

In terms of investment partners, during the first nine months of 2022, Vietnam attracted investments from 97 nations and territories. Singapore led with approximately 4.75 billion USD in total investment capital, making up 25.3% of Vietnam's total investment capital, which was down 24.3% from the same time in 2021. With more than $3.8 billion, South Korea came in second place and represented 20.3% of all investment money, a decrease of 2.38% from the previous quarter. Japan came in third place with about 1.9 billion USD in registered investment capital or 10.2% of all investment capital.

In the first nine months of 2022, Korea continued to be the partner with the greatest interest of investors and made the newest investment decisions, investment project expansions, and capital contributions to buy shares. This was true for 21.4% of new projects, 36% of adjustments, and 35% of capital contributions and share purchases.

Foreign investors continue to prioritize investments in major cities with easy infrastructures, such as Vietnam Ho Chi Minh City and Hanoi, when it comes to the number of new projects. Ho Chi Minh City is first in this category for the number of new projects (41.8%), second for the number of capital contributions made to purchase shares (66.6%), and third for projects requiring capital adjustments (14.8%; Hanoi is first with 18.4%).

Up until September 20, 2022, the country as a whole had 35,725 active projects with registered capital totalling more than 431.5 billion USD. It is anticipated that 267 billion USD, or 61.9% of the total legal registered investment capital, has been realized across all foreign investment projects.

P.V