According to the Foreign Investment Agency under the Ministry of Planning and Investment, in May, registered foreign investment saw the largest increase of the early months of 2024, exceeding $800 million. This represents 2.8 times the amount in April, 72% more than in March, 4.1 times the amount in February, and over 3.6 times the amount in January.
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As of May 20, the total registered capital, including new registrations, adjustments, and contributions through share purchases and capital contributions (GVMCP) by foreign investors, reached over $11.07 billion, a 2% increase compared to the same period in 2023. The realized capital for foreign investment projects is estimated at approximately $8.25 billion, marking a 7.8% increase compared to the same period in 2023.
Positive signals were also noted in new registered capital, with 1,227 projects receiving investment registration certificates, a 27.5% increase compared to the same period, and the total registered capital reaching nearly $7.94 billion (a 50.8% increase compared to the same period).
Nationwide, there are 40,285 valid projects with a total registered capital of $481.33 billion. The cumulative realized capital for foreign investment projects is estimated at about $305.43 billion, which is nearly 63.5% of the total effective registered investment capital.
Regarding import and export activities in the first five months of 2024, exports including crude oil are estimated at over $112.88 billion, a 13.1% increase compared to the same period, accounting for 72.1% of the total export turnover. Exports excluding crude oil are estimated at $111.83 billion, a 13% increase compared to the same period, accounting for 71.5% of the country's total export turnover.
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Foreign investors have invested in 17 out of the 21 national economic sectors. The processing and manufacturing industry leads with a total investment of over $7.43 billion, accounting for 67.1% of the total registered investment, an 11.9% increase compared to the same period last year.
The real estate business sector ranks second with a total investment of nearly $1.98 billion, making up almost 17.9% of the total registered investment, marking a 70.8% increase compared to the same period last year. Following this are the wholesale and retail sectors, and the transportation and warehousing sectors, with total registered investments of over $514.2 million and nearly $342.2 million, respectively. The remaining investments are distributed among other sectors.
In terms of the number of projects, the processing and manufacturing industry leads in the number of new projects (accounting for 35.9%) and capital adjustments (accounting for 62.3%). The wholesale and retail sector leads in the number of GVMCP transactions (accounting for 43.4%).
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