Foreign investors have invested in 18 industries out of a total of 21 national economic sectors. In which, the processing and manufacturing industry leads the way with a total investment of over 6.8 billion USD, accounting for 58.2% of the total registered investment capital.
Real estate business ranked second with a total investment of nearly 3 billion USD, accounting for 25.6% of total registered investment capital. Next are the information and communication industries; professional science and technology activities with a total registered capital of nearly 398 million USD and nearly 374.8 million USD respectively.
In terms of the number of new projects, wholesale and retail, the manufacturing and processing industry and professional science and technology activities are the industries that attract the most projects, accounting for 29.6%, 25, respectively. 6% and 17.5% of total projects.
As of May 20, there were 79 countries and territories investing in Vietnam. In which, Singapore leads with a total investment of nearly 3 billion USD, accounting for 25.3% of total investment capital in Vietnam, down 43.8% over the same period in 2021.
Korea ranked second with over 2.06 billion USD, accounting for 17.6% of total investment capital, up 12.6% over the same period. With a large-scale Lego project with a total investment of over 1.3 billion USD, Denmark continues to rank third with a total registered investment capital of nearly 1.32 billion USD, accounting for 11.3% of total investment capital. private.
In the countries in Southeast Asia, besides Singapore, other countries have also invested in Vietnam. Specifically, the countries that have invested in Vietnam are Thailand, Malaysia, Brunei, Cambodia, the Philippines and Indonesia.
Total FDI capital of countries in the region invested in Vietnam in the first 5 months of 2022 (million USD).Source: Ministry of Planning and Investment.
In which, Singapore is leading among countries in Southeast Asia investing in Vietnam. Following is Thailand with a total investment capital of 168 million USD. In third place is Malaysia with 137 million USD invested in Vietnam.
Investment projects of Singaporean enterprises in Vietnam are most concentrated in the processing industry, accounting for nearly 38% of Singapore’s total investment capital in Vietnam. Second is the real estate business with 190 projects, accounting for 26.7%; followed by power generation with 42 projects, accounting for 17.5% of Singapore’s total investment in Vietnam. The rest are other industries.
In March 2022, Sembcorp Industries Group (Singapore) implemented the VSIP III Industrial Park project in Binh Duong province, the project has a total area of 1,000 hectares, a total investment of VND 6,400 billion. Bringing the total number of industrial park projects that this group has implemented in 7 provinces and cities in Vietnam up to 11.
Thailand’s FDI projects in Vietnam are mostly small-scale, with 498 projects under $10 million in size, accounting for 77.2% of the total number of investment projects.
The field that attracts many Thai FDI projects is the processing and manufacturing industry with 242 projects, accounting for 37.5% of projects and 75.2% of Thailand’s total investment capital in Vietnam.
Up to now, Thai enterprises have invested in 48/63 provinces and cities of Vietnam, but mainly concentrated in big cities and provinces, with relatively favorable infrastructure conditions such as: TP. Ho Chi Minh City, Hanoi, Binh Duong, Dong Nai, Ba Ria – Vung Tau.
Along with that, Malaysian investment projects focus the most in the field of education and training, accounting for 26.9% of the total registered investment capital; second is the processing and manufacturing industry with 241 projects, accounting for 21.8% of the total registered investment capital; followed by power generation with 6 projects accounting for 20.5%. The rest are other industries.
Malaysia currently has investments in 33/63 provinces and cities of Vietnam (including the oil and gas sector). Some provinces and cities that Malaysia has invested in are Ho Chi Minh City. Ho Chi Minh City, Tra Vinh, Hanoi, Binh Duong, Dong Nai and Ba Ria – Vung Tau.
As for Brunei, Cambodia, Philippines and Indonesia, the projects of these countries investing in Vietnam are relatively small in scale.
Source: CafeF
Source: Vietnam Insider