As of January 20th, 2022, the total newly registered, adjusted, and paid-in capital for share purchase by foreign investors reached over USD 2.1 billion, 4.2% higher than the same period last year. The capital generated by FDI projects was estimated at USD 1.612 billion, an increase of 6.8% over the same period in 2021.

Accumulated as of January 20th, 2022, the whole country had 34,642 valid projects with total registered capital of approximately USD 415.6 billion. The accumulated realized capital of foreign direct investment projects was estimated at over USD 253.2 billion, equivalent to 61% of total valid registered investment capital.

Details are as follows:

I. FDI INFLOWS OF VIETNAM

1. FDI attraction in January 2022

1.1. FDI performance:

Realized capital:

As of January 20th, 2022, FDI projects were estimated to disburse USD 1.612 billion, an increase of 6.8% compared with the same period in 2021.

Import and export performance:

Export: Export turnover of the foreign investment sector slightly decreased in January 2022. Export (including crude oil) reached over USD 21.6 billion, a slight decrease of 0.5% compared with the same period last year, accounting for 73% of export turnover. Export (excluding crude oil) was approximately USD 21.5 billion, a slight decrease of 0.3% over the same period last year, accounting for 72.6% of the country’s export turnover.

Import: Imports of foreign investment sector attained USD 2 billion, up by 13.69% over the same period last year and accounting for 65.6% of the country’s import turnover.

In January 2022, although the export turnover decreased, the FDI sector saw a trade surplus of over USD 1.6 billion including crude oil and USD 1.5 billion excluding crude oil, while the domestic sector had a trade surplus about over USD 2.5 billion.

1.2. Investment registration

As of January 20th, 2022, total newly registered, adjusted, and paid-in capital for share purchase by foreign investors reached more than USD 2.1 billion, an increase of 4.2% compared to the same period in 2021. The adjusted capital and paid-in capital for share purchase jumped while newly registered capital decreased over the same period last year.

Of which:

Newly registered capital: There were 103 new projects granted with investment registration certificates (a year-on-year increase of 2.2 times). Total registered capital reached nearly USD 388 million (a year-on-year decrease of 70.7%).

Adjusted capital: There were 71 projects registered for adjustment of investment capital (a year-on-year increase of 54.3%). Total additional registered capital reached over USD 1.27 billion (a year-on-year increase of 2.69 times).

Paid-in capital for share purchase: There were 206 paid-in capital for share purchase by foreign investors (a year-on-year increase of 6.2%). The total value of paid-in capital was worth USD 443.5 million (a year-on-year double).

(Detailed data in Appendix I attached).

By sector:

Foreign investors had invested in 15/21 sectors in the national economic classification system, of which the processing and manufacturing led with total investment capital of over USD 1.2 billion, accounting for 58.9% of total registered investment capital. The real estate business ranked the second with investment capital of over USD 472 million, accounting for 22.5% of total registered investment capital. It was followed by administrative and support service activities, wholesale and retail with the total registered capital of over USD 221 million and USD 52.5 million, respectively. The rest were other sectors.

Regarding the number of new projects, wholesale and retail; the processing and manufacturing; professional activities, science and technology attract the most projects, accounting for 29.1%, 22.3% and 15.5% respectively.

By counterpart:

There were 33 countries and territories investing in Vietnam in January 2022. Singapore led the list with total investment capital of approximate USD 666 million, accounting for 31.7% of total investment capital in Vietnam, a slight decrease of 2.2% compared with the same period in 2021; Republic of Korea ranked the second with USD 481 million, accounting for 22.9% of total investment capital, up by 5 times compared with the same period last year. China ranked the third with registered investment capital of nearly USD 451 million, accounting for 21.5% of total investment capital and a decline of 27% over the same period last year. Next were Japan, Hong Kong, Taiwan, and so on.

Regarding the number of projects, RoK had the most investors interested in and making new investment decisions as well as expanding investment projects and paid-in capital for share purchase in January 2022 (accounting for 19.4% of new projects, 26.8% of adjusted projects and 35.4% of paid-in capital for share purchase).

By location:

The foreign investors had invested in 30 provinces and cities nationwide in January 2022. Hanoi led the list with total registered investment capital of over USD 448 million, accounting for 21.3% of total investment capital, and 29.9 times more than the same period in 2021. Although Nghe An didn’t attract new projects but with two large-scale projects registered for adjustment of investment capital, Nghe An ranked the second with total registered capital of USD 400 million, accounting for 19% of total investment capital. Next were Bac Ninh, Long An, Phu Tho and so on.

Regarding the number of new projects, foreign investors still focused on investing in big cities with convenient infrastructure such as Ho Chi Minh City, Hanoi and Bac Ninh. In which, Ho Chi Minh City led both in number of new projects (37.9%), number of adjusted projects (16.9%) and paid-in capital for share purchase (71.4%).

(Detailed data in Appendix II attached).

Some major projects in January 2022:

(1) The plant project of manufacturing electronic and multimedia products and network equipment (invested by Chinese investors) in Nghe An with investment capital adjusted to increase by USD 260 million (granted with a certificate of investment on January 10th, 2022).

(2) GE Vietnam Services and Trade Project (invested by Korean investors) in Bac Ninh with investment capital adjusted to increase by USD 216.9 million (granted with a certificate of investment on January 07th, 2022).

(3) JNTC electronic component manufacturing plant project (invested by Korean investors) in Phu Tho with investment capital adjusted to increase by USD 163 million (granted with a certificate of investment on January 07th, 2022).

Translated by Bao Linh

Ministry of Planning and Investment