 |
| Manufacturing electronic components at Sumida Co., Ltd. (Japan) in Tinh Phong Industrial Park, Quang Ngai province__Photo: VNA |
Total registered foreign direct investment (FDI) into Vietnam hit nearly USD 10.98 billion in the first quarter of 2025, up 34.7 percent compared to the same period last year, reported the Foreign Investment Agency (FIA) under the Ministry of Finance.
This growth is driven by several factors, including a sharp increase in additional investment to existing projects, capital contribution, and share purchases.
In the reviewed period, 401 existing projects registered for capital adjustment, with additional funding of nearly USD 5.16 billion, respectively surging 44.8 percent and almost 5.1 times from the same period last year.
Nearly USD 1.49 billion was spent by foreign investors to contribute capital to and purchase shares of Vietnamese firms, shooting up 83.7 percent from a year earlier.
In contrast, over USD 4.33 billion was poured into new projects in Q1, down 31.5 percent year-on-year, due to the absence of large-scaled projects.
However, the FIA said that the situation has improved, with newly registered FDI rising sharply in March, up 66.5 percent from January and nearly 2.4 times from February. The number of new projects also increased, by 42.7 percent and 18.4 percent from January and February, respectively.
According to the agency, the higher overall number of new projects, capital-added cases, capital contributions, and share purchases demonstrates that Vietnam remains a trusted destination for foreign investors to pour capital into both new projects and existing ones.
In January–March, about USD 4.96 billion in FDI was disbursed, up 7.2 percent against the same period last year.
Foreign investors invested in 18 out of 21 sectors of the national economy. Among these, the processing and manufacturing industry led with total investment exceeding USD 6.79 billion, accounting for approximately 61.9 percent of the total, up 26 percent year-on-year. It was followed by real estate, with more than USD 2.39 billion, or 21.8 percent of the total, up 44.1 percent year-on-year.
In the reviewed period, Vietnam attracted investments from 73 countries and territories, with Singapore topping the list, pouring over USD 3 billion, equivalent to 27.6 percent of the total. The Republic of Korea ranked second with nearly USD 2.04 billion, almost 2.7 times higher than the same period last year.
The northern province of Bac Ninh led the nation in terms of FDI attraction, with nearly USD 1.9 billion, or 17.3 percent of the total, up 2.1 times. It was followed by Ho Chi Minh City with USD 1.43 billion, making up nearly 13 percent and surging by 58.3 percent year-on-year. Hanoi was in the third place with USD 1.42 billion, representing 12.9 percent of the total and rising 23.6 percent, statistics show.- (VNA/VLLF)
