FDI inflows surge over 32% in 2023

The above figure includes over US$20.19 billion in channelled into 3,188 new projects, representing a 62.2 percent year-on-year increase in value compared to the same period last year.

Foreign investors pledged to add US$7.88 billion to 1,262 existing projects, or 22.1 percent decrease in capital and 14 percent in the number of projects from the previous year.

They also spent more than US$8.5 billion on share purchase of domestic companies through 3,451 transactions.

Meanwhile, total disbursed volume of FDI this year reached a new record of US$23.18 billion, up 3.5 percent from 2022.

The manufacturing industry remained an investment stronghold in the Southeast Asian country as foreign investors poured in nearly US$23.5 billion in manufacturing projects, accounting for 64.2 percent of the total FDI inflows.

It was followed by real estate with nearly US$4.67 billion, making up 12.7 percent; electricity production and distribution with US$2.37 billion and finance-banking with US$1.56 billion.

Among the 111 countries and territories investing in Viet Nam, Singapore retained its crown as the largest investor with US$6.8 billion, making up 18.6 percent of the nation's total FDI. It was followed by Japan with US$6.57 billion and Hong Kong (China) with US$4.68 billion.

This year, Ho Chi Minh City led provinces and cities receiving FDI capital, with US$5.85 billion, accounting for 16 percent of the total amount and up 48.5 percent compared to 2022.

It was followed by the northern city of Hai Phong with US$3.26 billion, making up 8.9 percent and up 66.2 percent./.