FDI disbursement reaches record high in 2024
VGP - The disbursed volume of FDI was estimated to reach a record high of US$25.35 billion in 2024, a year-on-year increase of 9.4 percent, according to the Foreign Investment Agency (FIA).
Viet Nam absorbed nearly US$38.23 billion in FDI, down 3 percent against 2023.
Foreign investors poured capital in 18 out of 21 economic sectors, in which processing and manufacturing sector lured US$25.58 billion (66.9 percent of the total register capital), followed by real estate with US$6.31 billion (16.5 percent).
Traditional partners like Singapore and South Korea continued to expand investment in the Southeast Asian country, especially in such localities as Bac Ninh, Hai Phong and Ho Chi Minh City.
Singapore was the biggest investor by pouring US$10.21 billion (occupying 26.7 percent). South Korea came second with US$7.06 billion, making up 18.5 percent.
As of December 31, 2024, Viet Ham housed 42,002 FDI projects, with a cumulative registered capital of nearly US$502.8 billion. Of this, the realized capital amounts to approximately US$322.5 billion, making up 64.1 percent of the total registered investment capital.
Ho Chi Minh City was the most attractive FDI destination with US$59 billion, followed by Binh Duong and Ha Noi with US$42.48 billion and US$42.34 billion, respectively.
FDI sector also made important contribution to promoting Viet Nam's trade with the rest of the world, with export value reaching US$290.8 billion (including oil export) in 2024, up 12.2 percent against 2023.
The FDI sector ran a trade surplus of nearly US$49.2 billion in 2024, helping the country to post a trade surplus of US$23.8 billion./.
