High-quality capital flows to Vietnam

FDI bright spot in 5 months

Total foreign direct investment (FDI) including new registration, adjustment and capital contribution, share purchase, purchase of contributed capital Foreign investment in the first 5 months of the year reached over 11.7 billion USD.

Notably, foreign investors’ adjusted capital, contributed capital, and especially disbursed capital continued to increase sharply in recent months, showing that investors are optimistic about Vietnam’s economy in the near future. next time.

Adjusted capital, contributed capital to buy shares of foreign investors, especially disbursed capital, continued to increase sharply in recent months. (Illustration image – Photo: Investment Newspaper)

Specifically, in the past 5 months, there were 395 times of projects registered to adjust investment capital, with the total additional registered capital reaching over USD 5.61 billion, an increase of over 45% over the same period. The total value of contributed capital reached nearly 2 billion USD, an increase of one and a half times over the same period.

Regarding disbursement, FDI capital continued to achieve positive results with over $7.7 billion converted into factories and machinery in Vietnam in the past 5 months, up 7.8% over the same period in 2021.

Thus, the trend of investors continuing to expand production and business in Vietnam has shown that foreign investors’ confidence in Vietnam continues to increase, reflecting the general trend of the recovery. and growth of the Vietnamese economy amid a sharp decline in global FDI inflows.

Nearly 80 countries and territories have invested in Vietnam in the past 5 months with Singapore leading the way, followed by South Korea and Denmark.

High-quality capital flows to Vietnam

According to the Good Government Index published by the Chandler Institute of Governance (Singapore), Vietnam’s investment attraction ranks 39th out of 104 ranked countries, up 18 places compared to 2021. achieved a strong growth in the Income Equality index when increasing 33 places compared to 2021, to 42nd place.

The strong and steady recovery of the economy in the first months of the year has helped Vietnam continue to retain the name of the “rising star” of the global supply chain, with the continued interest in expanding investment. billions of dollars of investment from multinational corporations and major world brands such as Lego, Intel, Samsung and most recently Pandora – one of the largest jewelry brands in the world from Denmark with investment capital $100 million.

“Vietnam has a long history of jewelry making, which helps us access a large number of highly skilled workers. Choosing to set up a factory in Binh Duong is because of its well-invested infrastructure, focusing on sustainable development. and developing renewable energy helps us achieve our environmental goals,” said Jeerasage Puranasamriddhi, Pandora CEO.

Investment inflows are focusing on quality rather than quantity. Although the total newly registered FDI capital has decreased compared to the same period in 2021, in return, in the past 5 months, there have been many large-scale projects, along with adjusted capital flows and capital contribution, share purchase, capital settlement. banks increased sharply over the same period.

Nearly 80 countries and territories have invested in Vietnam in the past 5 months. (Illustration image – Photo: Investment Newspaper)

“Since the beginning of this year, it is surprising that the number of investors interested in our industrial parks in Quang Ninh and Hai Phong has doubled. We are working with many big companies around the world. the world, doubling the investment scale. The most positive thing is the resumption of dialogue with previous potential investors,” shared Mr. Bruno Jaspaert, General Director of DEEP C Industrial Park, Hai Phong.

Many direct contacts of the Prime Minister of Vietnam with leaders of large corporations that have taken place during bilateral visits or international forums have conveyed the message that Vietnam is ready to accompany investors, actively and strives to promote foreign investment in Vietnam and is a reliable destination for big brands.

“First of all, Vietnam’s business environment and political stability are positive factors that make us choose to build our next factory. We also share a lot of the values ​​that the group is pursuing with us. The Government of Vietnam, as a goal of sustainable development. It must be said that this is not a short-term investment, but an investment for the next generation,” said Mr. Preben Elnef, Vice President of LEGO Vietnam Factory, let me know.

“It can be seen that global fluctuations are causing investment flows, multinational companies to reshape investment destinations, ensuring the factors of geopolitics, geographical location, dynamism and opportunity. With the advantage of high economic openness, it is clear that this is a great opportunity for Vietnam in the production chain, here is the global value chain, not just supply,” he said. Andrew Jeffries, Country Director of the Asian Development Bank (ADB) in Vietnam, commented.

Thus, high-quality capital flows are directed to Vietnam, also confirming the important role of our country in the global value chain.

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