Both domestic investment capital and foreign direct investment (FDI) recorded positive results in the first 11 months of 2024, contributing to promoting economic growth.
The General Statistics Office said that foreign direct investment (FDI) realized in Vietnam in 11 months reached 21.68 billion USD, up 7.1% over the same period last year, showing the attractiveness of Vietnam's economy to international investors. At the same time, investment capital from the State budget was also promoted and reached 73.5% of the year plan.
In November, realized investment capital from the State budget was estimated at nearly VND 75,900 billion, up 5.6% over the same period in 2023. In which, centrally managed capital reached VND 13,200 billion (up 7.8%) and locally managed capital reached VND 62,700 billion (up 5.1%). Generally, in 11 months, the realized investment capital from the State budget was estimated at 572,000 billion VND, equal to 73.5% of the year plan and up 2.4% over the same period last year.
Regarding investment capital managed by the Central Government, in 11 months, it reached 100,100 billion VND, equal to 79.6% of the year plan and slightly increased by 0.5% over the same period last year. Some ministries and sectors have notable levels of investment capital disbursement, such as the Ministry of Agriculture and Rural Development (up 20.2%), the Ministry of Health (up 26.5%) and the Ministry of Industry and Trade (up 6.6%). However, a number of other ministries and sectors recorded a decrease, such as the Ministry of Transport (down 14%), the Ministry of Natural Resources and Environment (down 43.7%) and the Ministry of Culture, Sports and Tourism (down 24.3%).
In addition, investment capital managed by the locality reached VND 471,900 billion, equal to 72.3% of the year plan and up 2.8% over the same period last year. In which, provincial, district and commune budget capital reached 68.5%, 79.6% and 96.7% of the year plan, respectively.
In terms of FDI, the total registered capital in Vietnam as of November 30 reached 31.38 billion USD, a slight increase of 1% over the same period last year. The newly registered capital reached nearly 17.4 billion USD with 3,035 licensed projects. In which, the processing and manufacturing industry continues to lead in attracting FDI with 11.47 billion USD, accounting for 66% of the total newly registered capital. And, Singapore is the largest investor with 5.78 billion USD, accounting for 33.3% of the total newly registered capital.
In addition, the adjusted registered capital increased by 9.93 billion USD, a sharp increase of 40.7% over the same period last year. If including newly registered capital and adjusted registered capital, the processing and manufacturing industry accounts for 71.2% of the total registered FDI.
However, the total capital contribution and share purchase of foreign investors reached 4.06 billion USD, down 39.7% over the same period last year. Real estate business activities accounted for the largest proportion in this form of investment, reaching 25.3% of the capital contribution value.
Regarding Vietnam's outward investment in 11 months of the year, the country had 151 projects newly granted investment certificates with a total capital of 555.2 million USD and 22 projects with capital adjustment with 43.5 million USD. Vietnam's total investment capital abroad reached 598.7 million USD, a sharp increase of 51.6% over the same period last year. Currently, Laos is the largest recipient of investment from Vietnam, accounting for 26.8% of total investment capital./.
