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    Home»Breaking News»The inflow of FDI from Southeast Asian countries to Vietnam reached about $3.3 billion
    Breaking News

    The inflow of FDI from Southeast Asian countries to Vietnam reached about $3.3 billion

    Kevin LeBy Kevin LeJune 9, 2022No Comments4 Mins Read
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    Foreign investors have invested in 18 industries out of a total of 21 national economic sectors. In which the manufacturing industry leads the way with a total investment of more than USD 6.8 billion, accounting for 58.2% of the total registered investment capital.

    Real estate business came in second with a total investment of nearly USD 3 billion, representing 25.6% of the total registered investment capital. The following are the information and communication industries; professional scientific and technological activities with a total registered capital of nearly USD 398 million and nearly USD 374.8 million respectively.

    In terms of the number of new projects, wholesale and retail trade, manufacturing and processing industries and professional scientific and technological activities are the industries attracting the most projects, accounting for 29.6%, 25.6% and 17.5% of the total, respectively. total projects.

    On May 20, there were 79 countries and territories that invested in Vietnam. Singapore leads the way with a total investment of nearly USD 3 billion, accounting for 25.3% of the total investment capital in Vietnam, down from 43.8% over the same period in 2021.

    Korea ranks second with more than USD 2.06 billion, accounting for 17.6% of total investment capital, up from 12.6% over the same period. With a large-scale Lego project with a total investment of more than 1.3 billion USD, Denmark remains in third place with a total registered investment capital of almost 1.32 billion USD, accounting for 11.3% of the total investment capital. private.

    In the countries of Southeast Asia, other countries have invested in Vietnam in addition to Singapore. The countries that have invested in Vietnam are mainly Thailand, Malaysia, Brunei, Cambodia, the Philippines and Indonesia.

    Total FDI capital of countries in the region that invested in Vietnam in the first 5 months of 2022 (USD million).Source: Ministry of Planning and Investment.

    In which Singapore is a leader among Southeast Asian countries investing in Vietnam. Following is Thailand with a total investment capital of USD 168 million. In third place is Malaysia with USD 137 million invested in Vietnam.

    Investment projects of Singaporean enterprises in Vietnam are most concentrated in the manufacturing sector, accounting for nearly 38% of Singapore’s total investment capital in Vietnam. Second, there is the real estate sector with 190 projects, accounting for 26.7%; followed by power generation with 42 projects, representing 17.5% of Singapore’s total investment in Vietnam. The rest are other industries.

    In March 2022, Sembcorp Industries Group (Singapore) implemented VSIP III Industrial Park project in Binh Duong province, the project covers a total area of ​​1,000 hectares, a total investment of VND 6,400 billion. This brings the total number of industrial estate projects that this group has completed in 7 provinces and cities in Vietnam to 11.

    Thailand’s FDI projects in Vietnam are mostly small-scale, with 498 projects under $10 million, accounting for 77.2% of the total number of investment projects.

    The field that attracts a lot of Thai FDI is manufacturing industry with 242 projects, accounting for 37.5% of the projects and 75.2% of Thailand’s total investment capital in Vietnam.

    So far, Thai companies have invested in 48/63 provinces and cities of Vietnam, but mainly concentrated in major cities and provinces, with relatively favorable infrastructure conditions such as: TP. Ho Chi Minh City, Hanoi, Binh Duong, Dong Nai, Ba Ria – Vung Tau.

    In addition, Malaysian investment projects are the most focused on education and training, accounting for 26.9% of the total registered investment capital; second is the manufacturing industry with 241 projects, accounting for 21.8% of the total registered investment capital; followed by power generation with 6 projects accounting for 20.5%. The rest are other industries.

    Malaysia currently has investments in 33/63 provinces and cities of Vietnam (including the oil and gas sector). Some of the provinces and cities that Malaysia has invested in include Ho Chi Minh City. Ho Chi Minh City, Tra Vinh, Hanoi, Binh Duong, Dong Nai and Ba Ria – Vung Tau.

    As for Brunei, Cambodia, the Philippines and Indonesia, the projects of these countries investing in Vietnam are relatively small-scale.

    Source: CafeF



    Source: Vietnam Insider

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