As of February 20th, 2022, the total newly registered, adjusted, and paid-in capital for share purchase by foreign investors reached nearly USD 5 billion, equal to 91.5% over the same period last year. The capital generated by FDI projects was estimated at USD 2.68 billion, an increase of 7.2% over the same period in 2021.

Accumulated as of February 20th, 2022, the whole country had 34,700 valid projects with total registered capital of approximately USD 418.8 billion. The accumulated realized capital of foreign direct investment projects was estimated at over USD 254.3 billion, equivalent to 60.7% of total valid registered investment capital.

Details are as follows:

I. FDI INFLOWS OF VIETNAM

1. FDI attraction in the first 02 months of 2022

1.1. FDI performance:

Realized capital:

As of February 20th, 2022, FDI projects were estimated to disburse USD 2,7 billion, an increase of 7.2% compared with the same period in 2021.

Import and export performance:

Export: Export turnover of the foreign investment sector increased again after the slight decrease in January 2022. Export (including crude oil) reached over USD 41.9 billion, an increase of 12.4% compared with the same period last year, accounting for 73.1% of export turnover. Export (excluding crude oil) was approximately USD 41.6 billion, an increase of 12.2% over the same period last year, accounting for 72.5% of the country’s export turnover.

Import: Imports of foreign investment sector attained nearly USD 38 billion, up by 20.2% over the same period last year and accounting for 66,7% of the country’s import turnover.

In the first 02 months of 2022, the FDI sector saw a trade surplus of over USD 3.9 billion including crude oil and USD 3.6 billion excluding crude oil, while the domestic sector had a trade surplus about over USD 3.5 billion.

1.2. Investment registration

As of February 20th, 2022, total newly registered, adjusted, and paid-in capital for share purchase by foreign investors reached nearly USD 5 billion, equivalent to 91.5% compared to the same period in 2021. The adjusted capital and paid-in capital for share purchase increased while newly registered capital decreased over the same period last year.

Of which:

Newly registered capital: There were 183 new projects granted with investment registration certificates (a year-on-year increase of 45.2%). Total registered capital reached nearly USD 631.8 million (a year-on-year decrease of 80.9%).

Adjusted capital: There were 142 projects registered for adjustment of investment capital (a year-on-year increase of 23.5%). Total additional registered capital reached approximately USD 3.6 billion (a year-on-year increase of 2.2 times).

Paid-in capital for share purchase: There were 400 paid-in capital for share purchase by foreign investors (a year-on-year decrease of 10.1%). The total value of paid-in capital was worth USD 769.6 million (a year-on-year increase of 41.7%).

(Detailed data in Appendix I attached).

By sector:

Foreign investors had invested in 17/21 sectors in the national economic classification system, of which the processing and manufacturing led with total investment capital of over USD 3.13 billion, accounting for 62.7% of total registered investment capital. The real estate business ranked the second with investment capital of over USD 1.52 billion, accounting for 30.4% of total registered investment capital. It was followed by professional, scientific and technological activities, electricity production and distribution with the total registered capital of over USD 109.6 million and USD 60 million, respectively. The rest were other sectors.

Regarding the number of new projects, wholesale and retail, the processing and manufacturing and professional, scientific and technological activities attract the most projects, accounting for 28.4%, 27.9% and 12.6% respectively.

By counterpart:

There were 51 countries and territories investing in Vietnam in the first 02 months of 2022. Singapore led the list with total investment capital of ovẻ USD 1.7 billion, accounting for 34.2% of total investment capital in Vietnam, an increase of 59.3% compared with the same period in 2021; Republic of Korea ranked the second with over USD 1.4 billion, accounting for 28.2% of total investment capital, an decrease of 12% compared with the same period last year. China ranked the third with registered investment capital of nearly USD 538 million, accounting for 15.3% of total investment capital, a decline of 29.3% over the same period last year. Next were Japan, Hong Kong, Thailand 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 the first 02 months of 2022 (accounting for 16.9% of new projects, 35.9% of adjusted projects and 36% of paid-in capital for share purchase).

By location:

The foreign investors had invested in 39 provinces and cities nationwide in the first 02 months of 2022. Bac Ninh led the list with total registered investment capital of over USD 1.3 billion, accounting for 26.5% of total investment capital, and 7.6 times more than the same period in 2021. Although Thai Nguyen didn’t attract new projects but with two large-scale projects registered for adjustment of investment capital, Thai Nguyen ranked the second with total registered capital of nearly USD 924 million, accounting for 18.5% of total investment capital. Next were Hanoi, Nghe An, Long An 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 and Hanoi. In which, Ho Chi Minh City led both in number of new projects (38.5%), number of adjusted projects (13.4%) and paid-in capital for share purchase (67.3%).

(Detailed data in Appendix II attached).

Some major projects in in the first 02 months of 2022:

(1) Vietnam-Singapore Industrial Park (VSIP) Project (invested by Singaporean investors) in Bac Ninh  with investment capital adjusted to increase by USD 941 million (granted with a certificate of investment on January 18th, 2022)

(2) Samsung Electro-mechanics Vietnam Co., Ltd Project (invested by Korean investors) in Thai Nguyen with investment capital adjusted to increase by USD 920 million (granted with a certificate of investment on February 15th, 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) 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 306 million (granted with a certificate of investment on January 21st, 2022).

Translated by Bao Linh

Ministry of Planning and Investment