FDI INFLOWS INTO VIETNAM REACHED $4.42 BILLION, THE HIGHEST FIRST-QUARTER TOTAL IN THE LAST FIVE YEARS.

According to the General Statistics Office, realized foreign direct investment capital in Vietnam was estimated at USD $4.42 billion in the first quarter of 2022, up 7.8% over the same period last year – the highest level of the first quarter in the previous five years. Realized investment capital for the entire society in the first quarter of 2022 is estimated to be VND 562 200 billion at current prices, up 8.9% from last year.

The state capital was estimated to be 136 500 billion VND, accounting for 24.3% of total investment capital and increasing by 9.3% over the same period last year. Non-state worth was estimated to be VND $323 100 billion, accounting for 57.5% and rising by 9.1%, and FDI capital was estimated to be $102 600 billion VND, accounting for 18.2% and increasing by 7.9%.

Notably, realized FDI in Vietnam for the first three months was estimated at US$4.42 billion, a 7.8% increase over the same period last year and the highest level for the first quarter in the previous five years.

In the first five months of 2022, foreign investors invested in 48 provinces and cities across the country. According to the General Statistics Office, Vietnam has newly licensed investment projects in 35 countries and territories. Denmark is the largest investor in the first three months of 2022, with 1.32 billion USD, accounting for 41.1% of the total newly registered capital; followed by Singapore, China, Taiwan (China), Hong Kong Special Administrative Region (China).

In 2021, the Vietnamese economy froze due to the negative effects of the Covid-19 pandemic; however, FDI investors still believed and placed their trust in Vietnam in the context of the pandemic. Furthermore, with selective investment attraction policies, Vietnam is an appealing destination for FDI investors, confirming the country’s strong position as an emerging economy in the region and worldwide!

Cre: Foreign Investment Agency Vietnam