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    Home»Breaking News»In which countries has Vietnam invested the most in the first 9 months of this year?
    Breaking News

    In which countries has Vietnam invested the most in the first 9 months of this year?

    Kevin LeBy Kevin LeSeptember 27, 2022No Comments3 Mins Read
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    Of these, 80 projects received new investment registration certificates, with a total share capital of more than USD 347.3 million, an increase of 2.31 times over the same period. The Ministry of Planning and Investment said that the newly issued foreign investment capital has risen sharply in the first nine months of 2022 compared to the same period last year because there were 5 new major projects that got investment registration certificates, which are projects of JSC Solutions. Vines energy solutions for the United States, Canada, France, Germany and the Netherlands with a total investment capital of more than USD 34.68 million per project.

    There were 15 times capital adjustment projects with a total additional investment capital of more than USD 50.9 million, which is equivalent to 12% over the same period. According to the Ministry of Planning and Investment, adjusted investment capital has fallen sharply in the first nine months of 2021 and many major projects have been adjusted to increase capital: Vingroup’s project in the United States was adjusted to increase by USD 300 million ; The Indochina Rubber Development and Investment Co., Ltd. project in Cambodia increased by USD 76 million and a project by Vinfast in Germany increased by USD 32 million.

    In particular, state-owned enterprises had capital adjustment projects twice, with a total additional investment capital of USD 10.75 million, accounting for a small part (2.7%) of Vietnam’s total investment capital abroad for 9 months.

    As for countries and territories, data from the Ministry of Planning and Investment shows that in the first 9 months of 2022, there are 24 countries and territories that have received investment from Vietnam. Laos is leading with 4 projects. new investment and 3 capital adjustment projects, the total registered investment capital reached 66.42 million USD, accounting for 16.7% of the total investment capital. Singapore ranks second with a total investment capital of nearly USD 41.5 million, accounting for nearly 10.4% of the total investment capital. Followed by the United States, Germany and the Netherlands,…

    In terms of investment sectors, Vietnamese investors have invested abroad in 13 sectors. Manufacturing industry leads the way with 11 new investment projects, and the total investment capital is more than 291.6 million USD, accounting for 55.2% of the total investment capital. Banking, financial and insurance activities came in second with 4 times capital adjustment projects, and the total investment capital was more than USD 35.3 million, accounting for 8.9%. The following are wholesale and retail; extractive; Agriculture, forestry and fishing; …

    Added up to September 20, 2022, Vietnam has 1,584 valid foreign investment projects with a total investment capital of more than USD 21.6 billion in Vietnam. There are 139 state-owned projects, with a total investment capital of nearly USD 11.6 billion, accounting for 53.6% of the country’s total investment capital. Vietnam’s investment abroad focuses most on mining (32.2%); agriculture, forestry and fishing (15.9%). The areas that receive the most investment from Vietnam are Laos (24.7%); Cambodia (13.6%); Venezuela (8.4%).

    Source: CafeF



    Source: Vietnam Insider

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