The total inflows of foreign investment in Vietnam this year to May 20, including new and added investment and contributions for share purchases by foreign investors, reached nearly 10.86 billion USD, down 7.3% year-on-year, but up 10.6 percentage points as compared with the figure in the first four months of this year, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment reported.
More than 5.26 billion USD is injected into 962 new projects in the five months. (Photo: baodautu.vn)
Hanoi (VNA) – The total inflows of foreign investment in Vietnam this year to May 20, including new and added investment and contributions for share purchases by foreign investors, reachednearly 10.86 billion USD, down 7.3% year-on-year, but up 10.6 percentage pointsas compared with the figure in the first four months of this year, the Foreign InvestmentAgency (FIA) under the Ministry of Planning and Investment reported.
Of the sum, more than 5.26 billion USD was injectedinto 962 new projects, representing year-on-year increases of 27.8% in valueand 66.4% in value, the agency said.
According to the agency, 1,278 transactions of capitalcontribution for share purchases were recorded in the period with a combinedvalue of nearly 3.32 billion USD, down 5.6% in number of transactions but up 67.2% in value.
Nevertheless, 485 projects registered to adjust theirinvestment with additional capital of nearly 2.28 billion USD, a drop of up to59.4% from the corresponding time last year.
The processing and manufacturing sector was thelargest recipient of FDI, with more than 6.64 billion USD, accounting for 61.2%of the total pledges, followed by finance-banking, real estate, andscience-technology.
Illustrative image (Source: VNA)
Among the 82 countries and territories investing inVietnam during the period, Singapore took the lead with over 2.53 billion USD, makingup more than 23.3% of the accumulative figure.
Japan and China came second and third with nearly2.1 billion USD and some 1.61 billion USD, respectively. Other large investorsincluded Taiwan (China), Hong Kong (China), and the Republic of Korea.
Foreign investments were poured into 50 out of the63 cities and provinces, of which Hanoi received the most, with about 1.87 billionUSD, accounting for about 17.2% of the sum, followed by the northern provinceof Bac Giang, and HCM City, Binh Duong, and Dong Nai provinces in the south.
However, HCM City topped the list in the numbers of newand adjusted projects, and capital contribution for share purchases./.
Despite impacts caused by the COVID-19 pandemic, foreign direct investment is still being poured into Vietnam, contributing importantly to turning the country into a new production hub of the world.
The global corporate minimum tax is unlikely to impede Vietnam’s FDI inflows given the fact that tax incentives are not the primary attraction for setting up a factory in Vietnam, said Michael Kokalari, chief economist at investment fund VinaCapital.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
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The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
More than 5.26 billion USD is injected into 962 new projects in the five months. (Photo: baodautu.vn) 
Illustrative image (Source: VNA) 
