Wednesday, September 3, 2025 3:13:29 AM - Markets open
VN-INDEX 1,682.21 +1.35/+0.08%
HNX-INDEX 279.98 +3.35/+1.21%
UPCOM-INDEX 111.00 +0.38/+0.34%
FDI disbursement hits five-year high
Vietnam News - 3/31/2022 3:41:31 PM
 (0 ratings. You must sign in to rate.)
 Disbursement of foreign direct investment to Việt Nam rose by 7.8 per cent compared to 2021 to US$4.42 billion in the first quarter of this year, a five-year record.
 
Up to $4.06 billion of capital was added by foreign businesses to 228 operating projects in the period, up 93.3 per cent year-on-year, according to the General Statistic Office (GSO).
 
According to the GSO, 322 new foreign projects, capitalised at $3.21 billion, were licensed in the first three months, up 37.6 per cent in the number of projects but down 55.5 per cent in capital year-on-year. 
 
The Foreign Investment Agency (FIA) attributed the substantial decline in newly-registered capital to fact that some large-scaled projects worth over $100 million were already registered in the first quarter of 2021. Capital pledged to such projects accounted for 75.3 per cent of the country's total registered capital in the reviewed period. 
 
For example, among these projects were the Long An I and II LNG power project, being invested by Singaporean investors in Long An Province with a total registered capital of over $3.1 billion and the $1.31 billion Ô Môn II thermal power plant being financed by Japanese investors in Cần Thơ City. 
 
Meanwhile, the first quarter of this year saw only one foreign-invested project worth over $1 billion. That was a LEGO Manufacturing Việt Nam plant, valued at $1.32 billion, in Bình Dương Province, the FIA said. 
 
In another bright spot, foreign investor capital contributions and share purchases doubled over the same period last year to $1.63 billion, which brought the total foreign investments into the country in Q1 to $8.9 billion, equivalent to 87.9 per cent of the last year's same period. 
 
The agency said many projects on manufacturing electronic and high-tech products have raised their level of capital in the first three months of the year.
 
The processing and manufacturing sector lured the largest share of FDI with over $5.3 billion, accounting for 59.5 per cent of the country's total capital. 
 
From January to March, Singapore was Việt Nam's leading foreign investor with nearly $2.29 billion, making up almost 25.7 per cent of the total FDI registered in the country. South Korea followed with more than $1.61 billion or 18 per cent, and Denmark with $1.32 billion or 15 per cent. 
 
At the same time, Vietnamese firms invested $211.5 million overseas in Q1, down 63 per cent year-on-year, according to the FIA. 
 
Of the sum, over $180 million came from 24 newly-licensed projects, up 28.5 per cent, while the remaining $31.2 million came from three capital-added projects, a yearly decline of 93 per cent. 
 
Earlier, economic experts said Việt Nam remained an attractive destination for foreign investment, which was likely to experience a surge in 2022 after a long hiatus due to the pandemic.
 
An increase in the number of new projects and investments in existing projects showed the strong confidence of foreign firms in the country's investment environment, they said. 
 
Đỗ Nhất Hoàng, head of the FIA, said the country had been working with foreign partners looking to relocate their production centres. "Bringing their investment home was an effective way to support Vietnamese firms in integrating into the global supply chain," he said. 
 
Hoàng said foreign investment was likely to pick up in 2022 as countries worldwide reopened and learned to adapt to the new normal post-pandemic. 
 
Takeo Nakajima, head representative of the Japan External Trade Organisation, said Việt Nam would continue to be one of the most attractive investment destinations for Japanese firms, especially after the visit to Japan by Prime Minister Phạm Minh Chính, who oversaw 25 cooperation agreements worth up to $12 billion. 
 
The agreements have set up a strong foundation for Japanese investment to flow into Việt Nam in 2022 and the near future, said Nakajima. 
 
European firms have also been showing stronger confidence in the Southeast Asian economy. — VNS
 
Read original article here
 
Newer News
25/08 CMC OpenAI expects to serve Vietnamese with top-tier reliability, data security
25/08 VPS calls for extraordinary shareholder meeting amid market surge
20/08 Vinamilk milks top spot as world’s most promising dairy brand
15/08 SHB posts 59 per cent jump in Q2 profit, accelerating growth
04/08 Coteccons ends FY2025 with $1.3 billion backlog, 32% jump in construction projects
29/07 Private enterprises to be a driving force behind VN's brands
28/07 VIC: Vingroup seeks shareholder approval for business expansion
11/07 HPG: Hòa Phát reported 5 million tonnes in sales during first half of 2025
11/07 Nearly 1,500 household businesses converted into enterprises in six months
07/07 VJC: Vietjet appoints new managing director
Older News
31/03 NVL.VCSC.M.Au.T.A1: Report on the result of covered warrant distribution
31/03 MWG.VCSC.M.Au.T.A7: Report on the result of covered warrant distribution
31/03 MBB.VCSC.M.Au.T.A3: Report on the result of covered warrant distribution
31/03 KDH.VCSC.M.Au.T.A2: Report on the result of covered warrant distribution
31/03 FLC: FLC Group has new chairman after Quyet’s arrest
31/03 HPG.VCSC.M.Au.T.A4: Report on the result of covered warrant distribution
31/03 HDB.VCSC.M.Au.T.A1: Report on the result of covered warrant distribution
31/03 VIB: Notice of transaction of related person (Dang Thi Thu Ha)
31/03 QBS: Report on result of transaction of internal person (Nguyen Thi Quynh Trang)
31/03 NVL: Notice of transaction of internal person
 
Newsletter Signup
Top Stories
Banks focus on increasing charter capital in second half of year
From pioneer to leader: Việt Nam's stock market hits 25-year milestone
New tax plan could discourage stock investment: insiders
MoF proposes 20% tax on capital gains from securities and equity transfers
HNX halts new stock listings in exchange restructuring
Market Update
Last updated at 3:10:01 PM
VN-INDEX 1,682.21 +1.35/+0.08%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.