HCMC – Foreign investors had pledged more than US$18.4 billion in their projects in Vietnam in the year to May, surging by 35.5% versus the year-ago period, said the Foreign Investment Agency under the Ministry of Finance.
A total of 1,549 new projects were licensed, representing a 14.1% rise in project count, while newly registered capital amounted to US$7.02 billion, down 13.2% from the same period last year.
Additionally, 672 projects saw capital adjustments, totalling US$8.51 billion, an increase of 27.8% in the number of projects and a 3.4-fold surge in adjusted capital year-on-year.
There were 1,358 transactions involving foreign investors contributing capital or acquiring shares, up 6.6% year-on-year, with total capital contributions exceeding US$2.85 billion, 1.8 times higher than the year-ago period.
Foreign investors injected capital into 18 out of 21 industries, according to the Ministry of Finance. The manufacturing and processing industry attracted the most, with over US$10.39 billion, accounting for nearly 56.5% of total registered capital, up 31.8% year-on-year.
Real estate came in second with US$4.99 billion, making up 27.1% of total registered capital and more than doubling year-on-year. The science and technology industry followed with US$1.02 billion, while wholesale and retail attracted US$596.8 million.
Over the past five months, investors from 87 countries and territories have poured capital into Vietnam. Singapore led with nearly US$4.4 billion, followed by South Korea with over US$2.9 billion, with China, Japan, and Malaysia trailing behind.
Hanoi attracted the most foreign investment, securing more than US$3.2 billion, while Bac Ninh and HCMC followed with over US$2.7 billion and nearly US$2.6 billion, respectively.
However, HCMC led in the number of new projects, accounting for more than 39% of the nation’s total newly registered projects.
The Foreign Investment Agency believes that foreign investment into Vietnam continues to grow despite global economic uncertainties. The increase in new projects, capital adjustments, and share acquisitions highlights the strengthening confidence of foreign investors in Vietnam’s business environment.
