Nearly 2 billion USD of FDI capital poured into real estate in 5 months

04/03/2024 Views: 4433

Total FDI investment capital in the real estate industry in the first 5 months reached nearly 1.98 billion USD, accounting for nearly 17.9% of total registered investment capital, up 70.8% over the same period.

The Foreign Investment Agency (Ministry of Planning and Investment) has just announced a report on the situation of attracting foreign investment in Vietnam and Vietnam's investment abroad in the past 5 months.

FDI capital in real estate increased sharply

As of May 20, the total newly registered capital, adjusted capital, and capital contribution to buy shares and capital contributions by foreign investors reached more than 11.07 billion USD, up 2% over the same period in 2023. The realized capital of foreign investment projects is estimated at about 8.25 billion USD, up 7.8% over the same period in 2023.

As of May 20, the country had 40,285 valid projects with a total registered capital of 481.33 billion USD. The accumulated realized capital of foreign investment projects is estimated at about 305.43 billion USD, equivalent to nearly 63.5% of the total registered investment capital in effect.


FDI capital in real estate reached nearly 2 billion USD (Photo: Tran Khang).

The processing and manufacturing industry continues to lead in attracting FDI capital. Accordingly, the total investment capital in this industry reached more than 7.43 billion USD, accounting for 67.1% of the total registered investment capital, up 11.9% over the same period.

The real estate business ranked second with a total investment capital of nearly 1.98 billion USD, accounting for nearly 17.9% of the total registered investment capital, up 70.8% over the same period. Next were the wholesale and retail sectors; transportation and warehousing with a total registered capital of more than 514.2 million USD and nearly 342.2 million USD, respectively.

The processing and manufacturing industry is also the leading industry in terms of the number of new projects, accounting for 35.9% of the total number of projects and capital adjustments (accounting for 62.3%).

The wholesale and retail industry continues to lead in the number of capital contribution and share purchase transactions, accounting for 43.4%.

China is the leading partner in terms of the number of new investment projects.

Figures show that 78 countries and territories have invested in Vietnam in the first five months of this year.

Of which, Singapore leads with a total investment capital of nearly 3.25 billion USD, accounting for 29.3% of the total investment capital, up 28.2% over the same period in 2023. Hong Kong (China) ranks second with nearly 1.45 billion USD, accounting for 13.1% of the total investment capital, more than 2.2 times higher than the same period. Followed by Japan and China.

The top 5 partners alone account for 73% of new investment projects and 73.5% of total registered investment capital in the country.

Notably, China is the leading partner in terms of the number of new investment projects (accounting for 28.3%). South Korea leads in the number of capital adjustments (accounting for 24.1%) and capital contributions to buy shares (accounting for 26.3%).

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