During the reviewed period, Vietnam saw a total of 20.52 billion USD in registered FDI capital, an increase of 7% against the same period last year.

An industrial park in Hung Yen Province.

Of the total, nearly 12 billion USD was registered for 2,247 new projects, up 27% in value and 8.5% in the project number. Additional capital for 926 existing projects topped 5.7 billion USD, up 4.9% and 14.8%, respectively.

Meanwhile, foreign investment through contributing capital to and buying stakes of local firms decreased by 40.9% to nearly 2.81 billion USD.

Foreign investors poured money into 18 out of the 21 national economic sectors, of which the manufacturing and processing industry led with nearly 14.17 billion USD, accounting for over 69% of the total registered and marking a 7.4% increase from a year earlier. It was followed by real estate (3.36 billion USD), and the wholesale and retail sector (844.9 million USD).

Among the 94 countries and territories investing in Vietnam during January-August, Singapore topped with over 6.79 billion USD while Hong Kong (China) ranked second with 2.4 billion USD, surging 75.5% and 43.7% year-on-year, respectively.

The northern province of Bac Ninh was the largest FDI recipient with nearly 3.47 billion USD, representing 16.9% of the total and a 2.94-fold surge compared to the same period last year. It was followed by the northern province of Quang Ninh and Ho Chi Minh City, with nearly 1.78 billion USD and over 1.76 billion USD, respectively.

As of August 31, there had been 41,142 valid FDI projects worth 491.39 billion USD in Vietnam, of which approximately 311.33 billion USD had been disbursed.

Bac Giang province hands over investment registration certificate to build expanded Yen Lu industrial park (first phase)

BAC GIANG - On the afternoon of August 2, the People's Committee of Bac Giang province held a conference to hand over the investment registration certificate to Western Pacific Investment Joint Stock Company to implement the project "Investment, construction and trading of infrastructure of expanded Yen Lu Industrial Park (first phase) (Project). Vice Chairman of the Provincial People's Committee Phan The Tuan chaired the event. 

Vietnam lures over $18B in foreign capital in seven months

Total registered foreign capital in Vietnam during January – July amounted to more than US$18 billion in Vietnam, a year-on-year increase of 10.9%, according to the Ministry of Planning and Investment’s Foreign Trade Agency.

Foreign investors' confidence in Vietnam remains strong

Vietnam has seen a robust increase in the inflow of the foreign investment despite global geopolitical uncertainty, affirming foreign firms’ sentiments in the Southeast Asian market, according to insiders.

Vietnamese enterprises encouraged to invest in Algeria

Vietnam and Algeria hope to enhance intergovernmental projects and cooperation in several areas, heard a meeting in Hanoi on July 26 between Minister of Construction Nguyen Thanh Nghi and Algeria's Minister of War Veterans and Rights Holders Laid Rebigua who attended the state mourning of Party General Secretary Nguyen Phu Trong.

Japanese flour producer Nippn eyes Vietnam factory

Japanese flour producer Nippn plans to invest in a factory near Ho Chi Minh City, its third facility in Southeast Asia.