The real estate business came second with a total investment of more than USD 4.45 billion, accounting for 16.1% of the total registered investment capital. The following are the power generation and distribution industries; scientific and technological activities with registered capital of more than USD 2.26 billion and nearly USD 1.29 billion respectively. The rest are other sectors.
So far, 108 countries and territories have invested in Vietnam. In this, Singapore leads with a total investment of nearly USD 6.46 billion, accounting for 23.3% of total investment capital in Vietnam, down 39.7% from the same period in 2021.
South Korea is second with almost USD 4.88 billion, a decrease of 1.5% over the same period. Japan ranks third with total registered investment capital of over USD 4.78 billion, accounting for nearly 17.3% of total investment capital, up from 22.7% over the same period. Followed by China, Hong Kong, Taiwan..
In the Southeast Asian countries, other countries besides Singapore have also invested in Vietnam. Specifically, the countries that have invested in Vietnam are Thailand, Malaysia, Brunei, Cambodia, the Philippines, Indonesia, Laos, and Myanmar.
Total FDI capital of Southeast Asian countries to invest in Vietnam in 2022. Source: GSO.
In which Singapore is leading among the Southeast Asian countries investing in Vietnam with 280 new projects and a total registered investment capital of USD 6.45 billion. Thailand follows with 37 newly licensed projects and a total registered investment capital of USD 198.86 million. Malaysia ranks third with 38 newly licensed projects and total registered investment capital in Vietnam of USD 184.18 million.
Investment projects of Singaporean enterprises in Vietnam are most concentrated in the manufacturing sector, accounting for about 40% of Singapore’s total investment capital in Vietnam. The second is the real estate sector, followed by the power generation sector, which accounts for about 45% of Singapore’s total investment in Vietnam.
Most of Thailand’s FDI projects in Vietnam are small-scale, with projects under USD 10 million in size accounting for nearly 80% of the total number of investment projects. The field that attracts many Thai FDI projects is manufacturing and processing industries.
To date, Thai enterprises have invested in 50 provinces and cities of Vietnam, but mainly concentrated in large cities and provinces, with relatively favorable infrastructure conditions such as: Ho Chi Minh City, Hanoi, Binh Duong, Dong Nai, Ba Ria – Vung Tau.
In addition, Malaysian investment projects focus most on education and training; secondly, there is the processing and manufacturing industry; followed by electricity generation; These 3 fields account for about 70% of Malaysia’s total investment in Vietnam
Malaysia currently has investments in more than 30 provinces and cities of Vietnam (including the oil and gas sector). Some of the provinces and cities in which Malaysia has invested are Ho Chi Minh City, Tra Vinh, Hanoi, Binh Duong, Dong Nai and Ba Ria – Vung Tau.
As for Brunei, Cambodia, Philippines, Indonesia, Laos and Myanmar, the projects of these countries investing in Vietnam are relatively small.
In terms of cumulative total FDI investment by the end of 2022, Singapore is still the economy that invests the most money in Vietnam among Southeast Asian countries. Specifically, Singapore’s cumulative total FDI investment in Vietnam by the end of 2022 was approximately USD 70.85 billion with 3,097 projects.
Accumulation of the total FDI capital of Southeast Asian countries investing in Vietnam by the end of 2022. Source: GSO.
In addition, Thailand’s economy with accumulated total investment capital by the end of 2022 in Vietnam is second among Southeast Asian countries. Specifically, Thailand’s cumulative total FDI investment in Vietnam by the end of 2022 was approximately USD 13.1 billion with 677 projects.
The remaining countries such as Malaysia, Brunei, Indonesia, Philippines, Laos, Cambodia and Myanmar have accumulated total FDI investment in Vietnam to USD 13.06 billion respectively; USD 971 million; USD 639 million; USD 606 million; USD 71.11 million; 69.43 million USD and 0.91 million USD.
Source: CafeF
