Nghe An leads the North Central and Central Coast regions in total foreign investment capital in the first 4 months of 2023

According to a report by the Foreign Investment Agency (Ministry of Planning and Investment), as of April 20, 2023, foreign investors have invested in 46 provinces and cities across the country in the first 4 months of 2023.

Hanoi leads with a total registered investment capital of more than 1.1 billion USD, accounting for nearly 19.2% of the total registered investment capital and 2.6 times higher than the same period in 2021. Bac Giang ranks second with a total registered investment capital of more than 1 billion USD, accounting for more than 11.3% of the total investment capital nationwide, more than 3 times higher than the same period. Followed by Ho Chi Minh City, Binh Duong, Dong Nai,...

Foreign investment structure in the first 4 months of 2023 by locality.

In terms of number of projects, Ho Chi Minh City is still the leading locality in the country in terms of number of new projects (40.9%), number of adjusted projects (24.6%) and GVMCP (66.2%).

Nghe An continues to be in the top 10 localities with the highest total registered foreign investment capital in the country as of April 20, 2023, ranking 1st in the North Central and Central Coast regions. Accordingly, the province has granted 5 new projects, with newly registered capital reaching 286.95 million USD. However, compared to the same period in 2022, Nghe An's total registered investment capital decreased by 28.6%.

As of April 20, 2023, Nghe An province has 135 valid foreign investment projects, with a total registered investment capital of more than 2,859 million USD, ranking 30th in the country, 8th in the North Central and Central Coast regions.

Foreign investment structure in the first 4 months of 2023 by month and by capital investment method.

According to the Foreign Investment Agency, as of April 20, 2023, the total newly registered capital, adjusted capital, and capital contribution, share purchase, and capital contribution purchase by foreign investors was nearly 8.88 billion USD, equal to 82.1% over the same period. In addition to the continued decrease in adjusted investment capital, new investment capital, capital contribution, share purchase, and capital contribution purchase increased again over the same period.

There were 77 countries and territories investing in Vietnam in the first 4 months of 2023. Of which, Singapore took the lead with a total investment capital of nearly 2.2 billion USD, accounting for more than 24.7% of the total investment capital in Vietnam, down 29.5% compared to the same period in 2022; Japan ranked second with nearly 2 billion USD, accounting for more than 22.1% of the total investment capital, 2.63 times higher than the same period.

China ranked third with a total registered investment capital of nearly 752 million USD, accounting for nearly 8.5% of the total investment capital, down 30% over the same period. Followed by Taiwan, Hong Kong, South Korea, etc. In terms of the number of projects, South Korea leads in both the number of new projects (accounting for 16.1%), the number of capital adjustments (accounting for 24.4%) and capital contributions, share purchases, and capital contribution purchases (accounting for 28.2%).

Foreign investment structure in the first 4 months of 2023 by partner.

Regarding investment attraction in general, as of April 21, 2023, Nghe An province has granted 8 new projects with a total registered investment capital of more than 4,451.3 billion VND. 7 projects have been adjusted, including 2 projects with a total investment capital increase of 2,234.8 billion VND.

In the first 4 months of the year, the province has granted new licenses to 40 projects with a total registered investment capital of VND9,905.4 billion; adjusted 37 projects, of which the total investment capital of 14 projects was adjusted (an increase of VND2,565.2 billion); the total newly granted and increased capital is VND12,470.6 billion.