Other Briefings
Vietnam Adds US$3.4 Billion in FDI in April
Vietnam’s Ministry of Planning and Investment has released its April 2023 report on foreign direct investment (FDI). Here’s how Vietnam’s FDI sector is faring.
Registered capital from foreign direct investment in Vietnam was just over US$3.4 billion in April, the highest monthly increase this year. This brings Vietnam’s total FDI in 2023 to US$8.88 billion.
Vietnam also recorded 228 new FDI projects, spread across 50 countries, bringing the total number of new projects for the year to 750.
So, in April, where did Vietnam’s FDI come from? And where did it go?
Note: Data contained herein is to April 20, 2023.
Where did Vietnam’s FDI come from in April?
Japan led foreign direct investment in Vietnam in April with 22 new projects and an additional US$1.6 billion. This could be attributed to the purchase of Vietnam’s VP Bank by Japan’s Sumitomo Mitsui Financial Group. Japan was followed by Singapore with US$509 million added and the USA with an additional US$217 million.
FDI in Vietnam by country, newly registered capital in April
| January | February | March | April | 2023 Totals | ||||||
| Country | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | Registered Capital ($USm) |
| Japan | 13 |
41.57 |
10 |
104.21 |
40 |
173.67 |
22 |
1,647 |
85 |
1,966 |
| Singapore | 21 |
813.94 |
16 |
164.50 |
38 |
708.08 |
29 |
509 |
104 |
2,195 |
| United States of America | 6 |
8.44 |
2 |
3.25 |
12 |
42.94 |
11 |
217 |
31 |
272 |
| China | 29 |
265.57 |
16 |
76.10 |
32 |
210.1 |
40 |
200 |
117 |
752 |
| Netherlands | 1 |
5.83 |
1 |
363.15 |
5 |
8.23 |
2 |
191 |
9 |
568 |
| Denmark | 0 |
0.06 |
3 |
0.29 |
0 |
0.13 |
1 |
163 |
4 |
163 |
| Hong Kong (China) | 13 |
55.65 |
8 |
47.77 |
21 |
347.76 |
23 |
134 |
65 |
586 |
| Taiwan (China) | 9 |
139.16 |
5 |
267.90 |
19 |
70.38 |
17 |
117 |
50 |
594 |
| Republic of Korea | 26 |
148.83 |
15 |
75.06 |
40 |
250.58 |
40 |
101 |
121 |
575 |
| Samoa | 1 |
35.06 |
0 |
6.70 |
4 |
214.08 |
4 |
44 |
9 |
300 |
| Seychelles | 2 |
15.91 |
0 |
0.00 |
3 |
29.4 |
3 |
21 |
8 |
66 |
| Germany | 2 |
0.52 |
2 |
0.19 |
1 |
0.15 |
2 |
14 |
7 |
15 |
| BritishVirginIslands | 1 |
12.96 |
4 |
3.40 |
4 |
38.4 |
2 |
13 |
11 |
68 |
| Cayman Islands | 0 |
1.90 |
1 |
97.73 |
0 |
1.66 |
0 |
12 |
1 |
113 |
| France | 2 |
10.65 |
1 |
13.66 |
6 |
15.59 |
1 |
10 |
10 |
50 |
| Italy | 1 |
30.00 |
0 |
0.17 |
1 |
20.66 |
1 |
10 |
3 |
61 |
| Indonesia | 2 |
0.46 |
2 |
0.07 |
0 |
0 |
2 |
4 |
6 |
4 |
| Thailand | 5 |
10.56 |
1 |
15.12 |
2 |
6.672 |
2 |
3 |
10 |
36 |
| Switzerland | 1 |
10.17 |
1 |
0.10 |
2 |
0.027 |
4 |
3 |
8 |
14 |
| Marshall Islands | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
1 |
3 |
1 |
3 |
| Malaysia | 3 |
0.11 |
0 |
1.69 |
4 |
1.85 |
3 |
3 |
10 |
6 |
| Australia | 1 |
1.10 |
3 |
8.91 |
2 |
0.61 |
2 |
3 |
8 |
13 |
| Nigeria | 0 |
0.27 |
0 |
1.59 |
0 |
0.66 |
0 |
2 |
0 |
5 |
| India | 3 |
1.81 |
2 |
1.89 |
6 |
0.9 |
3 |
2 |
14 |
6 |
| Canada | 0 |
0.35 |
1 |
0.28 |
1 |
2.65 |
1 |
1 |
3 |
5 |
| Cambodia | 0 |
0.31 |
0 |
0.00 |
0 |
0 |
0 |
1 |
0 |
2 |
| Sweden | 1 |
9.49 |
1 |
154.00 |
1 |
0.13 |
1 |
1 |
4 |
165 |
| Norway | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
1 |
0 |
1 |
| Pakistan | 0 |
0.39 |
0 |
0.00 |
0 |
0.27 |
1 |
1 |
1 |
1 |
| Russia | 2 |
0.47 |
4 |
2.75 |
2 |
5.95 |
1 |
1 |
9 |
10 |
| Iran (Islamic Republic of) | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
1 |
1 |
1 |
1 |
| Rumani | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
1 |
0 |
1 |
0 |
| Slovakia | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
2 |
0 |
2 |
0 |
| Ukraine | 0 |
0.00 |
0 |
0.00 |
0 |
0.1 |
0 |
0 |
0 |
0 |
| Finland | 0 |
0.17 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Egypt | 0 |
0.00 |
1 |
0.26 |
0 |
0 |
0 |
0 |
1 |
1 |
| Colombia | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Latvia | 0 |
0.02 |
0 |
0.00 |
0 |
-0.001 |
0 |
0 |
0 |
0 |
| Yemen | 0 |
0.00 |
0 |
0.00 |
0 |
0.01 |
0 |
0 |
0 |
0 |
| Cuba | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Brazil | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Bangladesh | 0 |
0.00 |
1 |
0.25 |
0 |
0 |
0 |
0 |
1 |
0 |
| South Africa | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Turkey | 0 |
0.03 |
0 |
0.01 |
0 |
182.359 |
0 |
0 |
0 |
183 |
| Vanuatu | 0 |
0.00 |
0 |
0.00 |
1 |
0.01 |
0 |
0 |
1 |
0 |
| Nepal | 0 |
0.00 |
0 |
0.01 |
0 |
-0.002 |
0 |
0 |
0 |
0 |
| Ireland | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Philippines | 3 |
1.91 |
0 |
0.05 |
0 |
0.07 |
0 |
0 |
3 |
2 |
| New Zealand | 0 |
0.00 |
0 |
0.26 |
0 |
0 |
1 |
0 |
1 |
0 |
| Mongolia | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
1 |
0 |
1 |
0 |
| Czech Republic | 0 |
0.00 |
1 |
0.00 |
0 |
0 |
0 |
0 |
1 |
0 |
| Hungary | 0 |
0.00 |
0 |
0.00 |
0 |
0.01 |
0 |
0 |
0 |
0 |
| Myanmar | 0 |
0.00 |
0 |
0.00 |
1 |
0.04 |
0 |
0 |
1 |
0 |
| Serbia | 0 |
0.00 |
0 |
0.00 |
0 |
0.01 |
0 |
0 |
0 |
0 |
| Lithuania | 0 |
0.00 |
0 |
0.02 |
0 |
-0.001 |
0 |
0 |
0 |
0 |
| Georgia | 0 |
0.04 |
0 |
-0.04 |
0 |
0.04 |
0 |
0 |
0 |
0 |
| Afghanistan | 0 |
0.00 |
0 |
0.00 |
0 |
0.05 |
0 |
0 |
0 |
0 |
| Albania | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Andorra | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Angola | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Anguilla | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Antigua and Barbuda | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Argentina | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Armenia | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Austria | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Bahamas | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Barbados | 0 |
0.00 |
0 |
0.00 |
1 |
5 |
0 |
0 |
1 |
5 |
| Belarus | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Belize | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Bermuda | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| British Isles | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| British West Indies | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Brunei Darussalam | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Bulgaria | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Cameroon | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Channel Islands | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Chile | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Congo | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Cook Islands | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Costa Rica | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Cyprus | 0 |
0.00 |
0 |
0.00 |
1 |
0.13 |
0 |
0 |
1 |
0 |
| Democratic People’s Republic of Korea | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Djibouti | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Dominica | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Ecuador | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| El Salvador | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Estonia | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Ethiopia | 0 |
0.00 |
0 |
0.00 |
0 |
0.25 |
0 |
0 |
0 |
0 |
| Greece | 0 |
0.00 |
0 |
0.00 |
0 |
0.11 |
0 |
0 |
0 |
0 |
| Grenada | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Guam | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Guatemala | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Guernsey | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Guinea | 0 |
0.00 |
0 |
0.55 |
0 |
0 |
0 |
0 |
0 |
1 |
| Honduras | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Iceland | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Iraq | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Island of Nevis | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Isle of Man | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Israel | 1 |
60.00 |
0 |
0.08 |
1 |
0.1 |
0 |
0 |
2 |
60 |
| Ivory Coast | 0 |
0.00 |
0 |
0.15 |
0 |
0 |
0 |
0 |
0 |
0 |
| Jordan | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Kazakhstan | 1 |
0.11 |
0 |
0.00 |
0 |
0.07 |
0 |
0 |
1 |
0 |
| Kenya | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Kuwait | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Laos | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Lebanon | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Lesotho | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Libya | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Luxembourg | 0 |
0.00 |
0 |
0.00 |
0 |
1.18 |
0 |
0 |
0 |
1 |
| Macao | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Maldives | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Mali | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Malta | 0 |
0.00 |
1 |
0.01 |
0 |
0 |
0 |
0 |
1 |
0 |
| Mauritius | 0 |
0.00 |
0 |
0.00 |
1 |
0.3 |
0 |
0 |
1 |
0 |
| Mexico | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Monaco | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Morrocco | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Oman | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Palestine | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Panama | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Poland | 0 |
0.02 |
0 |
0.00 |
1 |
0.01 |
0 |
0 |
1 |
0 |
| Portugal | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Qatar | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Saint Kitts and Nevis | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Saint Vincent and the Grenadines | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Saudia Arabia | 0 |
0.00 |
0 |
0.60 |
0 |
-1.2 |
0 |
0 |
0 |
-1 |
| Sierra Leone | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Slovenia | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Spain | 1 |
0.09 |
0 |
0.00 |
0 |
0.004 |
0 |
0 |
1 |
0 |
| Sri Lanka | 0 |
0.00 |
1 |
0.30 |
0 |
0 |
0 |
0 |
1 |
0 |
| Sudan | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Swaziland | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Syrian Arab Republic | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Turkmenistan | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Turks & Caicos Islands | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Uganda | 0 |
0.00 |
0 |
0.02 |
0 |
0.019 |
0 |
0 |
0 |
0 |
| United Arab Emirates | 1 |
0.22 |
1 |
0.02 |
2 |
0.48 |
0 |
0 |
4 |
1 |
| United States Virgin Islands | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0.00 |
0 |
0 |
| Uruguay | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Venezuela | 0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
0 |
0 |
| Belgium | 0 |
0.00 |
2 |
0.09 |
1 |
0.3 |
0 |
0 |
3 |
0 |
| Ghana | 0 |
0.00 |
0 |
0.00 |
0 |
0.01 |
0 |
0 |
0 |
0 |
| Republic of Moldova | 0 |
0.00 |
0 |
0.00 |
1 |
0.33 |
-1 |
0 |
0 |
0 |
| United Kingdom | 1 |
1.22 |
1 |
0.08 |
4 |
6.92 |
4 |
-2 |
10 |
6 |
|
Total |
153 |
1685.38 |
108 |
1413.20 |
261 |
2348.24 |
228 |
3431.78 |
750 |
8,879 |
Source: Ministry of Investment and Planning
Which sectors in Vietnam received FDI in April?
In April, the financial, banking, and insurance activities sector pipped the long-time leader, manufacturing and processing. The former pulled in US$1.5 billion in April and the latter saw an additional US$1.16 billion. In third place was professional, scientific and technical activities which brought in US$283 million.
FDI in Vietnam by sector, newly registered capital in April
| January | February | March | April | Total for 2023 | ||||||
| Sector | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) |
| Financial, banking and insurance activities | 1 |
5.22 |
0 |
0.00 |
4 |
6.25 |
0 |
1500.01 |
5 |
1,511.48 |
| Manufacturing and processing | 53 |
718.72 |
25 |
1453.85 |
72 |
1804.03 |
74 |
1159.11 |
224 |
5,135.71 |
| Professional, scientific and technical activities | 22 |
41.74 |
21 |
16.07 |
33 |
13.42 |
38 |
282.97 |
114 |
354.2 |
| Real estate industry | 4 |
60.85 |
2 |
336.00 |
9 |
368.91 |
3 |
206.18 |
18 |
971.94 |
| Information and communication | 16 |
26.71 |
10 |
2.92 |
35 |
19.76 |
21 |
128.57 |
82 |
177.96 |
| Wholesale and retail; repair of motor vehicles and motorcycles | 35 |
676.29 |
30 |
-474.23 |
72 |
73.49 |
67 |
96.12 |
204 |
371.67 |
| Construction | 3 |
63.72 |
3 |
7.72 |
5 |
34.35 |
2 |
15.11 |
13 |
120.9 |
| Production, electricity, gas, steam and air conditioning supply | 0 |
0.00 |
0 |
0.00 |
6 |
9.77 |
0 |
11.43 |
6 |
21.2 |
| Accommodation and food service activities | 4 |
2.85 |
4 |
3.04 |
5 |
5.35 |
6 |
7.34 |
19 |
18.58 |
| Administrative and support service activities | 2 |
-0.10 |
3 |
1.90 |
2 |
3.95 |
4 |
6.99 |
11 |
12.74 |
| Agriculture, forestry and fishery | 4 |
5.43 |
1 |
2.09 |
1 |
-5.71 |
0 |
5.91 |
6 |
7.72 |
| Transportation and storage | 7 |
82.92 |
3 |
58.93 |
13 |
8.92 |
4 |
5.58 |
27 |
156.35 |
| Education and training | 2 |
0.46 |
6 |
3.11 |
3 |
1.94 |
8 |
3.83 |
19 |
9.34 |
| Arts, entertainment and recreation | 0 |
0.00 |
0 |
0.62 |
1 |
4.61 |
0 |
2.03 |
1 |
7.26 |
| Other service activities | 0 |
0.48 |
0 |
0.00 |
0 |
0.12 |
1 |
0.15 |
1 |
0.75 |
| Public health and social work activities | 0 |
0.01 |
0 |
0.00 |
0 |
0.25 |
0 |
0.15 |
0 |
0.41 |
| Mining and quarrying | 0 |
0.04 |
0 |
0.00 |
0 |
0.16 |
0 |
0 |
0 |
0.2 |
| Household’s chores employment activities | 0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0 |
| Water supply, sewerage, waste management and remediation activities | 0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0 |
0 |
0.00 |
| Total | 153 |
1685.35 |
108 |
1412.01 |
261 |
2349.57 |
228 |
3431.48 |
750 |
8878.41 |
Source: Ministry of Investment and Planning
Which provinces received FDI in April and how much did they receive?
Hanoi was the best-performing province in terms of FDI in April. With an additional US$1.55 billion it was well ahead of the next biggest FDI drawer card, HCMC, which received US$482 million.
FDI in Vietnam by province, new registered capital in April
| January | February | March | April | 2023 Totals | ||||||
| Location | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) |
| Hanoi | 22 |
21.82 |
17 |
15.68 |
34 |
121.38 |
30 |
1,548.49 |
103 |
1,707.37 |
| Ho Chi Minh City | 50 |
179.04 |
53 |
190.06 |
113 |
128.43 |
91 |
482.12 |
307 |
979.65 |
| Binh Duong | 3 |
11.81 |
0 |
330.25 |
10 |
103.79 |
13 |
446.16 |
26 |
892.01 |
| Long An | 4 |
-15.55 |
2 |
56.62 |
11 |
140.76 |
6 |
258.03 |
23 |
439.86 |
| Nghe An | 1 |
0.35 |
0 |
0.00 |
1 |
164.6 |
3 |
122.00 |
5 |
286.95 |
| Hai Duong | 6 |
21.62 |
0 |
1.88 |
4 |
29.88 |
8 |
108.13 |
18 |
161.51 |
| Bac Ninh | 18 |
137.94 |
9 |
16.53 |
26 |
362.18 |
24 |
98.14 |
77 |
614.79 |
| Quang Ninh | 1 |
13.20 |
2 |
319.00 |
1 |
9.62 |
3 |
80.29 |
7 |
422.11 |
| Thai Nguyen | 2 |
14.80 |
0 |
0.00 |
2 |
29.12 |
5 |
78.15 |
9 |
122.07 |
| Hung Yen | 4 |
49.65 |
3 |
42.75 |
4 |
77.37 |
4 |
57.20 |
15 |
226.97 |
| Vinh Phuc | 2 |
1.08 |
0 |
0.00 |
3 |
29.88 |
2 |
43.14 |
7 |
74.10 |
| Thanh Hoa | 0 |
3.05 |
0 |
44.44 |
0 |
0 |
3 |
40.45 |
3 |
87.94 |
| Dong Nai | 10 |
154.28 |
0 |
61.40 |
8 |
391.35 |
4 |
38.70 |
22 |
645.73 |
| Quang Ngai | 0 |
2.89 |
0 |
0.00 |
0 |
9 |
1 |
31.80 |
1 |
43.69 |
| Ha Nam | 0 |
1.34 |
2 |
63.51 |
3 |
15 |
2 |
28.70 |
7 |
108.54 |
| Hai Phong | 3 |
79.17 |
3 |
106.74 |
12 |
269.56 |
7 |
23.67 |
25 |
479.14 |
| Tay Ninh | 1 |
58.13 |
4 |
23.00 |
0 |
20.91 |
1 |
23.13 |
6 |
125.17 |
| Binh Dinh | 0 |
-1.48 |
0 |
3.66 |
0 |
0 |
0 |
15.71 |
0 |
17.89 |
| Tra Vinh | 0 |
0 |
0 |
0 |
1 |
2.5 |
0 |
9.31 |
1 |
11.81 |
| Da Nang | 9 |
9.04 |
8 |
1.05 |
13 |
3.42 |
9 |
4.44 |
39 |
17.95 |
| Ninh Binh | 0 |
0.17 |
0 |
0.00 |
0 |
0 |
1 |
2.70 |
1 |
2.87 |
| Phu Tho | 1 |
8.50 |
0 |
5.98 |
0 |
23.23 |
0 |
2.26 |
1 |
39.97 |
| Yen Bai | 0 |
0.04 |
0 |
0.00 |
0 |
1.87 |
0 |
1.59 |
0 |
3.50 |
| Tien Giang | 0 |
0 |
0 |
0 |
1 |
7.77 |
1 |
0.40 |
2 |
8.17 |
| Kien Giang | 0 |
0 |
0 |
0 |
0 |
0.351 |
0 |
0.28 |
0 |
0.63 |
| Ca Mau | 0 |
0.21 |
0 |
0.21 |
||||||
| Lam Dong | 0 |
0.00 |
0 |
0.00 |
0 |
0.339 |
0 |
0.19 |
0 |
0.54 |
| Khanh Hoa | 0 |
0.55 |
0 |
0.31 |
0 |
0.15 |
1 |
0.09 |
1 |
1.10 |
| Can Tho | 0 |
7.76 |
0 |
39.21 |
0 |
0 |
1 |
0.06 |
1 |
47.03 |
| Quang Nam | 0 |
0.09 |
0 |
0.00 |
0 |
0.002 |
0 |
0.04 |
0 |
0.13 |
| Dong Thap | 0 |
0.00 |
0 |
0.35 |
0 |
0 |
0 |
0.00 |
0 |
0.35 |
| Dak Lak | 0 |
0.00 |
1 |
24.31 |
1 |
21.31 |
0 |
0.00 |
2 |
45.62 |
| Ha Tinh | 0 |
0.00 |
1 |
1.65 |
0 |
0 |
0 |
0.00 |
1 |
1.65 |
| Hau Giang | 0 |
0.00 |
0 |
0.00 |
||||||
| Ninh Thuan | 0 |
0 |
0 |
0 |
1 |
4 |
0 |
0.00 |
1 |
4.00 |
| Quang Tri | 0 |
0.30 |
0 |
0.00 |
0 |
0 |
0 |
0.00 |
0 |
0.30 |
| Vinh Long | 0 |
0.00 |
0 |
3.00 |
0 |
0.28 |
0 |
0.00 |
0 |
3.28 |
| Binh Thuan | 0 |
0.00 |
0 |
0.01 |
1 |
3.85 |
0 |
0.00 |
1 |
3.86 |
| An Giang | 0 |
0.32 |
0 |
7.00 |
0 |
0 |
0 |
0.00 |
0 |
7.32 |
| Nam Dinh | 0 |
0.00 |
0 |
0.20 |
1 |
22.97 |
0 |
0.00 |
1 |
23.17 |
| Ben Tre | 0 |
0 |
0 |
0 |
0 |
0.053 |
0 |
0.00 |
0 |
0.05 |
| Thua Thien Hue | 1 |
3.50 |
0 |
0.25 |
2 |
19.01 |
0 |
-0.11 |
3 |
22.65 |
| Ba Ria – Vung Tau | 3 |
115.86 |
0 |
4.39 |
0 |
4.81 |
1 |
-0.76 |
4 |
124.30 |
| Binh Phuoc | 4 |
14.19 |
1 |
12.33 |
4 |
37.1 |
0 |
-5.55 |
9 |
58.07 |
| Thai Binh | 0 |
0.00 |
1 |
4.00 |
1 |
13.21 |
0 |
-10.50 |
2 |
6.71 |
| Bac Giang | 8 |
791.88 |
1 |
32.46 |
3 |
280.52 |
7 |
-97.18 |
19 |
1,007.68 |
| Total | 153 |
1,685 |
108 |
1,412 |
261 |
2349.575 |
228 |
3431.473 |
46 |
8,878.40 |
Source: Ministry of Investment and Planning
About the FDI tracker data
This data is provided by the Ministry of Planning and Investment. It covers the period from January 1, 2023, to April 20, 2023. The next data set is expected to be available from May 20, 2023.
March
Vietnam’s Ministry of Planning and Investment has released its March 2023 report on foreign direct investment (FDI). Here’s how Vietnam’s FDI sector is faring.
Registered capital from foreign direct investment in Vietnam was just over US$2.35 billion in March. This brings Vietnam’s total FDI in 2023 to US$5.46 billion. This is around 60 percent of the FDI Vietnam received over the same period last year.
So, in March, where did Vietnam’s FDI come from? And where did it go?
Note: Data contained herein is to March 20, 2023.
Where did Vietnam’s FDI come from in March?
Singapore topped the table in terms of FDI invested in Vietnam in March with an additional US$708 million. This brings its total for the year to date to almost US$1.7 billion. Singapore was followed by Hong Kong with an extra uS$347 million and then the Republic of Korea which added just over US$250 million worth of registered capital.
FDI in Vietnam by country, March
| January | February | March | 2023 Totals | |||||
| Country | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | Projects | Registered Capital ($USm) |
| Singapore | 21 | 813.94 | 16 | 164.50 | 38 | 708.08 | 75 | 1,686.52 |
| Hong Kong (China) | 13 | 55.65 | 8 | 47.77 | 21 | 347.76 | 42 | 451.18 |
| Republic of Korea | 26 | 148.83 | 15 | 75.06 | 40 | 250.58 | 81 | 474.47 |
| Samoa | 1 | 35.06 | 0 | 6.70 | 4 | 214.08 | 5 | 255.84 |
| China | 29 | 265.57 | 16 | 76.10 | 32 | 210.10 | 77 | 551.77 |
| Turkey | 0 | 0.03 | 0 | 0.01 | 0 | 182.36 | 0 | 182.4 |
| Japan | 13 | 41.57 | 10 | 104.21 | 40 | 173.67 | 63 | 319.45 |
| Taiwan (China) | 9 | 139.16 | 5 | 267.90 | 19 | 70.38 | 33 | 477.44 |
| USA | 6 | 8.44 | 2 | 3.25 | 12 | 42.94 | 20 | 54.63 |
| BritishVirginIslands | 1 | 12.96 | 4 | 3.40 | 4 | 38.40 | 9 | 54.76 |
| Seychelles | 2 | 15.91 | 0 | 0.00 | 3 | 29.40 | 5 | 45.31 |
| Italy | 1 | 30.00 | 0 | 0.17 | 1 | 20.66 | 2 | 50.83 |
| France | 2 | 10.65 | 1 | 13.66 | 6 | 15.59 | 9 | 39.9 |
| Netherlands | 1 | 5.83 | 1 | 363.15 | 5 | 8.23 | 7 | 377.21 |
| United Kingdom | 1 | 1.22 | 1 | 0.08 | 4 | 6.92 | 6 | 8.22 |
| Thailand | 5 | 10.56 | 1 | 15.12 | 2 | 6.67 | 8 | 32.352 |
| Russia | 2 | 0.47 | 4 | 2.75 | 2 | 5.95 | 8 | 9.17 |
| Barbados | 0 | 0.00 | 0 | 0.00 | 1 | 5.00 | 1 | 5 |
| Canada | 0 | 0.35 | 1 | 0.28 | 1 | 2.65 | 2 | 3.28 |
| Malaysia | 3 | 0.11 | 0 | 1.69 | 4 | 1.85 | 7 | 3.65 |
| Cayman Islands | 0 | 1.90 | 1 | 97.73 | 0 | 1.66 | 1 | 101.29 |
| Luxembourg | 0 | 0.00 | 0 | 0.00 | 0 | 1.18 | 0 | 1.18 |
| India | 3 | 1.81 | 2 | 1.89 | 6 | 0.90 | 11 | 4.6 |
| Nigeria | 0 | 0.27 | 0 | 1.59 | 0 | 0.66 | 0 | 2.52 |
| Australia | 1 | 1.10 | 3 | 8.91 | 2 | 0.61 | 6 | 10.62 |
| UAE | 1 | 0.22 | 1 | 0.02 | 2 | 0.48 | 4 | 0.72 |
| Moldova | 0 | 0.00 | 0 | 0.00 | 1 | 0.33 | 1 | 0.33 |
| Belgium | 0 | 0.00 | 2 | 0.09 | 1 | 0.30 | 3 | 0.39 |
| Mauritius | 0 | 0.00 | 0 | 0.00 | 1 | 0.30 | 1 | 0.3 |
| Pakistan | 0 | 0.39 | 0 | 0.00 | 0 | 0.27 | 0 | 0.66 |
| Ethiopia | 0 | 0.00 | 0 | 0.00 | 0 | 0.25 | 0 | 0.25 |
| Germany | 2 | 0.52 | 2 | 0.19 | 1 | 0.15 | 5 | 0.86 |
| Sweden | 1 | 9.49 | 1 | 154.00 | 1 | 0.13 | 3 | 163.62 |
| Cyprus | 0 | 0.00 | 0 | 0.00 | 1 | 0.13 | 1 | 0.13 |
| Denmark | 0 | 0.06 | 3 | 0.29 | 0 | 0.13 | 3 | 0.48 |
| Greece | 0 | 0.00 | 0 | 0.00 | 0 | 0.11 | 0 | 0.11 |
| Israel | 1 | 60.00 | 0 | 0.08 | 1 | 0.10 | 2 | 60.18 |
| Ukraine | 0 | 0.00 | 0 | 0.00 | 0 | 0.10 | 0 | 0.1 |
| Kazakhstan | 1 | 0.11 | 0 | 0.00 | 0 | 0.07 | 1 | 0.18 |
| Philippines | 3 | 1.91 | 0 | 0.05 | 0 | 0.07 | 3 | 2.03 |
| Afghanistan | 0 | 0.00 | 0 | 0.00 | 0 | 0.05 | 0 | 0.05 |
| Myanmar | 0 | 0.00 | 0 | 0.00 | 1 | 0.04 | 1 | 0.04 |
| Georgia | 0 | 0.04 | 0 | -0.04 | 0 | 0.04 | 0 | 0.04 |
| Switzerland | 1 | 10.17 | 1 | 0.10 | 2 | 0.03 | 4 | 10.3 |
| Uganda | 0 | 0.00 | 0 | 0.02 | 0 | 0.02 | 0 | 0.04 |
| Ghana | 0 | 0.00 | 0 | 0.00 | 0 | 0.01 | 0 | 0.01 |
| Hungary | 0 | 0.00 | 0 | 0.00 | 0 | 0.01 | 0 | 0.01 |
| Serbia | 0 | 0.00 | 0 | 0.00 | 0 | 0.01 | 0 | 0.01 |
| Vanuatu | 0 | 0.00 | 0 | 0.00 | 1 | 0.01 | 1 | 0.01 |
| Yemen | 0 | 0.00 | 0 | 0.00 | 0 | 0.01 | 0 | 0.01 |
| Poland | 0 | 0.02 | 0 | 0.00 | 1 | 0.01 | 1 | 0.03 |
| Spain | 1 | 0.09 | 0 | 0.00 | 0 | 0.00 | 1 | 0.09 |
| Albania | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Andorra | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Angola | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Anguilla | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Antigua and Barbuda | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Argentina | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Armenia | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Austria | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Bahamas | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Bangladesh | 0 | 0.00 | 1 | 0.25 | 0 | 0.00 | 1 | 0.25 |
| Belarus | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Belize | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Bermuda | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Brazil | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| British Isles | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| British West Indies | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Brunei Darussalam | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Bulgaria | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Cambodia | 0 | 0.31 | 0 | 0.00 | 0 | 0.00 | 0 | 0.31 |
| Cameroon | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Channel Islands | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Chile | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Colombia | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Congo | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Cook Islands | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Costa Rica | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Ivory Coast | 0 | 0.00 | 0 | 0.15 | 0 | 0.00 | 0 | 0.15 |
| Cuba | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Czech Republic | 0 | 0.00 | 1 | 0.00 | 0 | 0.00 | 1 | 0 |
| DPRK | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Djibouti | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Dominica | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Ecuador | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Egypt | 0 | 0.00 | 1 | 0.26 | 0 | 0.00 | 1 | 0.26 |
| El Salvador | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Estonia | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Finland | 0 | 0.17 | 0 | 0.00 | 0 | 0.00 | 0 | 0.17 |
| Grenada | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Guam | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Guatemala | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Guernsey | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Guinea | 0 | 0.00 | 0 | 0.55 | 0 | 0.00 | 0 | 0.55 |
| Honduras | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Iceland | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Indonesia | 2 | 0.46 | 2 | 0.07 | 0 | 0.00 | 4 | 0.53 |
| Iran | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Iraq | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Ireland | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Island of Nevis | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Isle of Man | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Jordan | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Kuwait | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Laos | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Lebanon | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Lesotho | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Libya | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Macao | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Maldives | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Mali | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Malta | 0 | 0.00 | 1 | 0.01 | 0 | 0.00 | 1 | 0.01 |
| Marshall Islands | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Mexico | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Monaco | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Mongolia | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Morocco | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| New Zealand | 0 | 0.00 | 0 | 0.26 | 0 | 0.00 | 0 | 0.26 |
| Norway | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Oman | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Palestine | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Panama | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Portugal | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Qatar | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Rumani | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Saint Kitts & Nevis | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Saint Vincent and the Grenadines | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Sierra Leone | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Slovakia | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Slovenia | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| South Africa | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Sri Lanka | 0 | 0.00 | 1 | 0.30 | 0 | 0.00 | 1 | 0.3 |
| Sudan | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Swaziland | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Syrian Arab Republic | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Turkmenistan | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Turks & Caicos Islands | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| United States Virgin Islands | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Uruguay | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Venezuela | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Kenya | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0 |
| Latvia | 0 | 0.02 | 0 | 0.00 | 0 | 0.00 | 0 | 0.02 |
| Lithuania | 0 | 0.00 | 0 | 0.02 | 0 | 0.00 | 0 | 0.02 |
| Nepal | 0 | 0.00 | 0 | 0.01 | 0 | 0.00 | 0 | 0.01 |
| Saudi Arabia | 0 | 0.00 | 0 | 0.60 | 0 | -1.20 | 0 | -0.6 |
| Total | 153 | 1,685.38 | 108 | 1,413.20 | 261 | 2,348.237 | 522 | 5,446.81 |
Which sectors in Vietnam received FDI in March?
Manufacturing and processing continued its winning streak in March taking home the lion’s share of FDI with just over US$1.8 billion in total. It was followed by the real estate sector which, though facing a number of challenges, is still popular with foreign investors, recording an extra US$367 million in FDI.
FDI in Vietnam by sector, new registered capital in March
| January | February | March | Total for 2023 | |||||
| Sector | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | Registered Capital ($USm) |
| Manufacturing and processing | 53 | 718.72 | 25 | 1453.85 | 72 | 1804.03 | 150 | 3976.60 |
| Real estate industry | 4 | 60.85 | 2 | 336.00 | 9 | 368.91 | 15 | 765.76 |
| Wholesale and retail; repair of motor vehicles and motorcycles | 35 | 676.29 | 30 | -474.23 | 72 | 73.49 | 137 | 275.55 |
| Construction | 3 | 63.72 | 3 | 7.72 | 5 | 34.35 | 11 | 105.79 |
| Information and communication | 16 | 26.71 | 10 | 2.92 | 35 | 19.76 | 61 | 49.39 |
| Professional, scientific and technical activities | 22 | 41.74 | 21 | 16.07 | 33 | 13.42 | 76 | 71.23 |
| Production, electricity, gas, steam and air conditioning supply | 0 | 0.00 | 0 | 0.00 | 6 | 9.77 | 6 | 9.77 |
| Transportation and storage | 7 | 82.92 | 3 | 58.93 | 13 | 8.92 | 23 | 150.77 |
| Financial, banking and insurance activities | 1 | 5.22 | 0 | 0.00 | 4 | 6.25 | 5 | 11.47 |
| Accommodation and food service activities | 4 | 2.85 | 4 | 3.04 | 5 | 5.35 | 13 | 11.24 |
| Arts, entertainment and recreation | 0 | 0.00 | 0 | 0.62 | 1 | 4.61 | 1 | 5.23 |
| Administrative and support service activities | 2 | -0.10 | 3 | 1.90 | 2 | 3.95 | 7 | 5.75 |
| Education and training | 2 | 0.46 | 6 | 3.11 | 3 | 1.94 | 11 | 5.51 |
| Public health and social work activities | 0 | 0.01 | 0 | 0.00 | 0 | 0.25 | 0 | 0.26 |
| Mining and quarrying | 0 | 0.04 | 0 | 0.00 | 0 | 0.16 | 0 | 0.20 |
| Other service activities | 0 | 0.48 | 0 | 0.00 | 0 | 0.12 | 0 | 0.60 |
| Household’s chores employment activities | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 |
| Water supply, sewerage, waste management and remediation activities | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 |
| Agriculture, forestry and fishery | 4 | 5.43 | 1 | 2.09 | 1 | -5.71 | 6 | 1.81 |
| Total | 153 | 1,685.35 | 108 | 1,412.01 | 261 | 2,349.57 | 522 | 5,446.93 |
Which provinces received FDI in March and how much did they receive?
The most popular provinces for FDI in March were Dong Nai in the south and Bac Ninh and Bac Giang in Vietnam’s north. These three provinces recorded an additional US$391 million, US$362 million, and US$280 million, respectively.
FDI in Vietnam by province, new registered capital in March
| January | February | March | 2023 Totals | |||||
| Location | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) |
| Dong Nai | 10 | 154.28 | 0 | 61.40 | 8 | 391.35 | 18 | 607.03 |
| Bac Ninh | 18 | 137.94 | 9 | 16.53 | 26 | 362.18 | 53 | 516.65 |
| Bac Giang | 8 | 791.88 | 1 | 32.46 | 3 | 280.52 | 12 | 1,104.86 |
| Hai Phong | 3 | 79.17 | 3 | 106.74 | 12 | 269.56 | 18 | 455.47 |
| Nghe An | 1 | 0.35 | 0 | 0.00 | 1 | 164.60 | 2 | 164.95 |
| Long An | 4 | -15.55 | 2 | 56.62 | 11 | 140.76 | 17 | 181.83 |
| Ho Chi Minh City | 50 | 179.04 | 53 | 190.06 | 113 | 128.43 | 216 | 497.53 |
| Hanoi | 22 | 21.82 | 17 | 15.68 | 34 | 121.38 | 73 | 158.88 |
| Binh Duong | 3 | 11.81 | 0 | 330.25 | 10 | 103.79 | 13 | 445.85 |
| Hung Yen | 4 | 49.65 | 3 | 42.75 | 4 | 77.37 | 11 | 169.77 |
| Binh Phuoc | 4 | 14.19 | 1 | 12.33 | 4 | 37.10 | 9 | 63.62 |
| Vinh Phuc | 2 | 1.08 | 0 | 0.00 | 3 | 29.88 | 5 | 30.96 |
| Hai Duong | 6 | 21.62 | 0 | 1.88 | 4 | 29.88 | 10 | 53.38 |
| Thai Nguyen | 2 | 14.80 | 0 | 0.00 | 2 | 29.12 | 4 | 43.92 |
| Phu Tho | 1 | 8.50 | 0 | 5.98 | 0 | 23.23 | 1 | 37.71 |
| Nam Dinh | 0 | 0.00 | 0 | 0.20 | 1 | 22.97 | 1 | 23.17 |
| Dak Lak | 0 | 0.00 | 1 | 24.31 | 1 | 21.31 | 2 | 45.62 |
| Tay Ninh | 1 | 58.13 | 4 | 23.00 | 0 | 20.91 | 5 | 102.04 |
| Thua Thien Hue | 1 | 3.50 | 0 | 0.25 | 2 | 19.01 | 3 | 22.76 |
| Ha Nam | 0 | 1.34 | 2 | 63.51 | 3 | 15.00 | 5 | 79.84 |
| Thai Binh | 0 | 0.00 | 1 | 4.00 | 1 | 13.21 | 2 | 17.21 |
| Quang Ninh | 1 | 13.20 | 2 | 319.00 | 1 | 9.62 | 4 | 341.82 |
| Quang Ngai | 0 | 2.89 | 0 | 0.00 | 0 | 9.00 | 0 | 11.89 |
| Tien Giang | 0 | 0 | 0 | 0 | 1 | 7.77 | 1 | 7.77 |
| Ba Ria – Vung Tau | 3 | 115.86 | 0 | 4.39 | 0 | 4.81 | 3 | 125.06 |
| Ninh Thuan | 0 | 0 | 0 | 0 | 1 | 4 | 1 | 4 |
| Binh Thuan | 0 | 0.00 | 0 | 0.01 | 1 | 3.85 | 1 | 3.86 |
| Da Nang | 9 | 9.04 | 8 | 1.05 | 13 | 3.42 | 30 | 13.51 |
| Tra Vinh | 0 | 0 | 0 | 0 | 1 | 2.5 | 1 | 2.5 |
| Yen Bai | 0 | 0.04 | 0 | 0.00 | 0 | 1.87 | 0 | 1.91 |
| Kien Giang | 0 | 0 | 0 | 0 | 0 | 0.351 | 0 | 0.351 |
| Lam Dong | 0 | 0.00 | 0 | 0.00 | 0 | 0.34 | 0 | 0.343 |
| Vinh Long | 0 | 0.00 | 0 | 3.00 | 0 | 0.28 | 0 | 3.28 |
| Khanh Hoa | 0 | 0.55 | 0 | 0.31 | 0 | 0.15 | 0 | 1.01 |
| Ben Tre | 0 | 0 | 0 | 0 | 0 | 0.053 | 0 | 0.053 |
| Quang Nam | 0 | 0.09 | 0 | 0.00 | 0 | 0.00 | 0 | 0.092 |
| Binh Dinh | 0 | -1.48 | 0 | 3.66 | 0 | 0.00 | 0 | 2.18 |
| Dong Thap | 0 | 0.00 | 0 | 0.35 | 0 | 0.00 | 0 | 0.35 |
| Ha Tinh | 0 | 0.00 | 1 | 1.65 | 0 | 0.00 | 1 | 1.65 |
| Ninh Binh | 0 | 0.17 | 0 | 0.00 | 0 | 0.00 | 0 | 0.17 |
| Quang Tri | 0 | 0.30 | 0 | 0.00 | 0 | 0.00 | 0 | 0.3 |
| An Giang | 0 | 0.32 | 0 | 7.00 | 0 | 0.00 | 0 | 7.32 |
| Can Tho | 0 | 7.76 | 0 | 39.21 | 0 | 0.00 | 0 | 46.97 |
| Thanh Hoa | 0 | 3.05 | 0 | 44.44 | 0 | 0.00 | 0 | 47.49 |
| Total | 153 | 1,685 | 108 | 1,412 | 261 | 2,349.575 | 522 | 5,446.929 |
About the FDI tracker data
This data is provided by the Ministry of Planning and Investment. It covers the period from January 1, 2023 to March 20, 2023. The next data set is expected to be available from April 20, 2023.
February 2023
Vietnam’s Ministry of Planning and Investment has released its February 2023 report on foreign direct investment (FDI). Here’s how Vietnam’s FDI sector is faring.
Registered capital from foreign direct investment in Vietnam was just over US$1.4 billion in February bringing the total for the year to just shy of US$3.1 billion. This is down 38 percent year-on-year.
It is, however, still a sizable investment and is attached to some 108 new projects spread around Vietnam.
So, in February, where did Vietnam’s FDI come from? And where did it go?
Note: Data contained herein is to February 20, 2023.
Where did Vietnam’s FDI come from in February?
In February, the Netherlands took out first place with respect to the dollar value of their foreign direct investments in Vietnam. The relatively small European nation invested a relatively big US$363 million. The Netherlands was followed by Taiwan, with US$268 million, and then Singapore with US$165 million.FDI in Vietnam by country, new registered capital in February
| January | February | 2023 Totals | ||||
| Country | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New
Projects |
Registered Capital ($USm) |
| Netherlands | 1 | 5.83 | 1 | 363.15 | 2 | 368.98 |
| Taiwan (China) | 9 | 139.16 | 5 | 267.90 | 14 | 407.06 |
| Singapore | 21 | 813.94 | 16 | 164.50 | 37 | 978.44 |
| Sweden | 1 | 9.49 | 1 | 154.00 | 2 | 163.49 |
| Japan | 13 | 41.57 | 10 | 104.21 | 23 | 145.78 |
| Cayman Islands | 0 | 1.90 | 1 | 97.73 | 1 | 99.63 |
| China | 29 | 265.57 | 16 | 76.10 | 45 | 341.67 |
| Republic of Korea | 26 | 148.83 | 15 | 75.06 | 41 | 223.89 |
| Hong Kong (China) | 13 | 55.65 | 8 | 47.77 | 21 | 103.42 |
| Thailand | 5 | 10.56 | 1 | 15.12 | 6 | 25.68 |
| France | 2 | 10.65 | 1 | 13.66 | 3 | 24.31 |
| Australia | 1 | 1.10 | 3 | 8.91 | 4 | 10.01 |
| Samoa | 1 | 35.06 | 0 | 6.70 | 1 | 41.76 |
| British Virgin Islands | 1 | 12.96 | 4 | 3.40 | 5 | 16.36 |
| United States of America | 6 | 8.44 | 2 | 3.25 | 8 | 11.69 |
| Russia | 2 | 0.47 | 4 | 2.75 | 6 | 3.22 |
| India | 3 | 1.81 | 2 | 1.89 | 5 | 3.70 |
| Malaysia | 3 | 0.11 | 0 | 1.69 | 3 | 1.80 |
| Nigeria | 0 | 0.27 | 0 | 1.59 | 0 | 1.86 |
| Saudia Arabia | 0 | 0.00 | 0 | 0.60 | 0 | 0.60 |
| Guinea | 0 | 0.00 | 0 | 0.55 | 0 | 0.55 |
| Sri Lanka | 0 | 0.00 | 1 | 0.30 | 1 | 0.30 |
| Denmark | 0 | 0.06 | 3 | 0.29 | 3 | 0.35 |
| Canada | 0 | 0.35 | 1 | 0.28 | 1 | 0.63 |
| Egypt | 0 | 0.00 | 1 | 0.26 | 1 | 0.26 |
| New Zealand | 0 | 0.00 | 0 | 0.26 | 0 | 0.26 |
| Bangladesh | 0 | 0.00 | 1 | 0.25 | 1 | 0.25 |
| Germany | 2 | 0.52 | 2 | 0.19 | 4 | 0.71 |
| Italy | 1 | 30.00 | 0 | 0.17 | 1 | 30.17 |
| Côte d’Ivoire | 0 | 0.00 | 0 | 0.15 | 0 | 0.15 |
| Switzerland | 1 | 10.17 | 1 | 0.10 | 2 | 10.27 |
| Belgium | 0 | 0.00 | 2 | 0.09 | 2 | 0.09 |
| United Kingdom | 1 | 1.22 | 1 | 0.08 | 2 | 1.30 |
| Israel | 1 | 60.00 | 0 | 0.08 | 1 | 60.08 |
| Indonesia | 2 | 0.46 | 2 | 0.07 | 4 | 0.53 |
| Philippines | 3 | 1.91 | 0 | 0.05 | 3 | 1.96 |
| Lithuania | 0 | 0.00 | 0 | 0.02 | 0 | 0.02 |
| Uganda | 0 | 0.00 | 0 | 0.02 | 0 | 0.02 |
| United Arab Emirates | 1 | 0.22 | 1 | 0.02 | 2 | 0.24 |
| Nepal | 0 | 0.00 | 0 | 0.01 | 0 | 0.01 |
| Turkey | 0 | 0.03 | 0 | 0.01 | 0 | 0.04 |
| Malta | 0 | 0.00 | 1 | 0.01 | 1 | 0.01 |
| Czech Republic | 0 | 0.00 | 1 | 0.00 | 1 | 0.00 |
| Cambodia | 0 | 0.31 | 0 | 0.00 | 0 | 0.31 |
| Finland | 0 | 0.17 | 0 | 0.00 | 0 | 0.17 |
| Kazakhstan | 1 | 0.11 | 0 | 0.00 | 1 | 0.11 |
| Latvia | 0 | 0.02 | 0 | 0.00 | 0 | 0.02 |
| Pakistan | 0 | 0.39 | 0 | 0.00 | 0 | 0.39 |
| Poland | 0 | 0.02 | 0 | 0.00 | 0 | 0.02 |
| Seychelles | 2 | 15.91 | 0 | 0.00 | 2 | 15.91 |
| Sierra Leone | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 |
| Spain | 1 | 0.09 | 0 | 0.00 | 1 | 0.09 |
| Georgia | 0 | 0.04 | 0 | -0.04 | 0 | 0.00 |
| Total | 153 | 1685.375 | 108 | 1413.2 | 261 | 3,098.58 |
Which sectors in Vietnam received FDI in February?
Yet again, manufacturing was the biggest draw card for foreign direct investment in Vietnam in February. With over US$1.4 billion worth of registered capital entering the sector it was almost quadruple its closest competitor, real estate, which received US$336 million.FDI in Vietnam by sector, new registered capital in February
| January | February | Total for 2023 | ||||
| Sector | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | New
Registered Capital ($USm) |
| Manufacturing and processing | 53 | 718.72 | 25 | 1453.85 | 78 | 2172.57 |
| Real estate industry | 4 | 60.85 | 2 | 336.00 | 6 | 396.85 |
| Transportation and storage | 7 | 82.92 | 3 | 58.93 | 10 | 141.85 |
| Professional, scientific and technical activities | 22 | 41.74 | 21 | 16.07 | 43 | 57.81 |
| Construction | 3 | 63.72 | 3 | 7.72 | 6 | 71.44 |
| Education and training | 2 | 0.46 | 6 | 3.11 | 8 | 3.57 |
| Accommodation and food service activities | 4 | 2.85 | 4 | 3.04 | 8 | 5.89 |
| Information and communication | 16 | 26.71 | 10 | 2.92 | 26 | 29.63 |
| Agriculture, forestry and fishery | 4 | 5.43 | 1 | 2.09 | 5 | 7.52 |
| Administrative and support service activities | 2 | -0.10 | 3 | 1.90 | 5 | 1.80 |
| Arts, entertainment and recreation | 0 | 0.00 | 0 | 0.62 | 0 | 0.62 |
| Financial, banking and insurance activities | 1 | 5.22 | 0 | 0.00 | 1 | 5.22 |
| Household’s chores employment activities | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 |
| Mining and quarrying | 0 | 0.04 | 0 | 0.00 | 0 | 0.04 |
| Other service activities | 0 | 0.48 | 0 | 0.00 | 0 | 0.48 |
| Production, electricity, gas, steam and air conditioning supply | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 |
| Public health and social work activities | 0 | 0.01 | 0 | 0.00 | 0 | 0.01 |
| Water supply, sewerage, waste management and remediation activities | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 |
| Wholesale and retail; repair of motor vehicles and motorcycles | 35 | 676.29 | 30 | -474.23 | 65 | 202.06 |
| Total | 153 | 1685.35 | 43 | 1412.01 | 261 | 3097.36 |
Which provinces received FDI in February and how much did they receive?
Vietnam’s southern manufacturing hub, Binh Duong, received the most new registered capital in February with US$330 million. It was followed by Quang Ninh with US$319 million and then Ho Chi Minh City with US$190 million.FDI in Vietnam by province, new registered capital in February
| January | February | 2023 Totals | ||||
| Location | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) | New Projects | New Registered Capital ($USm) |
| Binh Duong | 3 | 11.81 | 0 | 330.25 | 3 | 342.06 |
| Quang Ninh | 1 | 13.20 | 2 | 319.00 | 3 | 332.20 |
| Ho Chi Minh City | 50 | 179.04 | 53 | 190.06 | 103 | 369.10 |
| Hai Phong | 3 | 79.17 | 3 | 106.74 | 6 | 185.91 |
| Ha Nam | 0 | 1.34 | 2 | 63.51 | 2 | 64.84 |
| Dong Nai | 10 | 154.28 | 0 | 61.40 | 10 | 215.68 |
| Long An | 4 | -15.55 | 2 | 56.62 | 6 | 41.07 |
| Thanh Hoa | 0 | 3.05 | 0 | 44.44 | 0 | 47.49 |
| Hung Yen | 4 | 49.65 | 3 | 42.75 | 7 | 92.40 |
| Can Tho | 0 | 7.76 | 0 | 39.21 | 0 | 46.97 |
| Bac Giang | 8 | 791.88 | 1 | 32.46 | 9 | 824.34 |
| Dak Lak | 0 | 0.00 | 1 | 24.31 | 1 | 24.31 |
| Tay Ninh | 1 | 58.13 | 4 | 23.00 | 5 | 81.13 |
| Bac Ninh | 18 | 137.94 | 9 | 16.53 | 27 | 154.47 |
| Hanoi | 22 | 21.82 | 17 | 15.68 | 39 | 37.50 |
| Binh Phuoc | 4 | 14.19 | 1 | 12.33 | 5 | 26.52 |
| An Giang | 0 | 0.32 | 0 | 7.00 | 0 | 7.32 |
| Phu Tho | 1 | 8.50 | 0 | 5.98 | 1 | 14.48 |
| Ba Ria – Vung Tau | 3 | 115.86 | 0 | 4.39 | 3 | 120.25 |
| Thai Binh | 0 | 0.00 | 1 | 4.00 | 1 | 4.00 |
| Binh Dinh | 0 | -1.48 | 0 | 3.66 | 0 | 2.18 |
| Vinh Long | 0 | 0.00 | 0 | 3.00 | 0 | 3.00 |
| Hai Duong | 6 | 21.62 | 0 | 1.88 | 6 | 23.50 |
| Ha Tinh | 0 | 0.00 | 1 | 1.65 | 1 | 1.65 |
| Da Nang | 9 | 9.04 | 8 | 1.05 | 17 | 10.09 |
| Dong Thap | 0 | 0.00 | 0 | 0.35 | 0 | 0.35 |
| Khanh Hoa | 0 | 0.55 | 0 | 0.31 | 0 | 0.86 |
| Thua Thien hue | 1 | 3.50 | 0 | 0.25 | 1 | 3.75 |
| Nam Dinh | 0 | 0.00 | 0 | 0.20 | 0 | 0.20 |
| Binh Thuan | 0 | 0.00 | 0 | 0.01 | 0 | 0.01 |
| Nghe An | 1 | 0.35 | 0 | 0.00 | 1 | 0.35 |
| Quang Tri | 0 | 0.30 | 0 | 0.00 | 0 | 0.30 |
| Thai Nguyen | 2 | 14.80 | 0 | 0.00 | 2 | 14.80 |
| Vinh Phuc | 2 | 1.08 | 0 | 0.00 | 2 | 1.08 |
| Ninh Binh | 0 | 0.17 | 0 | 0.00 | 0 | 0.17 |
| Lam Dong | 0 | 0.00 | 0 | 0.00 | 0 | 0.00 |
| Quang Nam | 0 | 0.09 | 0 | 0.00 | 0 | 0.09 |
| Yen Bai | 0 | 0.04 | 0 | 0.00 | 0 | 0.04 |
| Quang Ngai | 0 | 2.89 | 0 | 0.00 | 0 | 2.89 |
| Total | 150 | 1,673.54 | 108 | 1,412.00 | 261 | 3,097.35 |
About the FDI tracker data
This data is provided by the Ministry of Planning and Investment. It covers the period from January 1, 2023 to February 20, 2023. The next data set is expected to be available from March 20, 2023.
January 2023
Vietnam’s Ministry of Planning and Investment has released its January 2023 report on foreign direct investment (FDI). Here’s how Vietnam’s FDI sector is faring.
Vietnam’s FDI inflows started the year relatively slow. This, however, may be due to the Lunar New Year holiday which saw most of the country on holidays for a week mid-month.
That said, Vietnam did manage to kick-off 153 new projects with total registered capital of US$1.6 billion.
So, in January, where did Vietnam’s FDI come from? And where did it go?
Note: Data contained herein is from January 1 to January 20 only.
Where did Vietnam’s FDI come from in January?
In terms of FDI, Singapore came out of the gate strongest in 2023 adding US$813 million in new registered capital (RC) and 21 new projects. Singapore was followed by China with US$265 in new RC and 29 projects. The Republic of Korea rounded out the top three with 26 new projects and US$148 million in new RC.
| January | All-time | |||
| Sector | New Projects | New RC ($USm) | Total Projects | Total RC ($USm) |
| Singapore | 21 | 813.94 | 3,097 | 70,846.16 |
| China | 29 | 265.57 | 3,567 | 23,348.82 |
| Republic of Korea | 26 | 148.83 | 9,534 | 80,969.64 |
| Taiwan (China) | 9 | 139.16 | 2,905 | 36,433.74 |
| Israel | 1 | 60.00 | * | * |
| Hong Kong (China) | 13 | 55.65 | 2,164 | 29,492.77 |
| Japan | 13 | 41.57 | 4,978 | 68,897.17 |
| Samoa | 1 | 35.06 | 425 | 9,408.06 |
| Italy | 1 | 30.00 | * | * |
| Seychelles | 2 | 15.91 | 287 | 2,009.86 |
| BritishVirginIslands | 1 | 12.96 | 888 | 22,382.22 |
| France | 2 | 10.65 | 660 | 3,764.70 |
| Thailand | 5 | 10.56 | 677 | 13,098.25 |
| Switzerland | 1 | 10.17 | 198 | 1,890.86 |
| Sweden | 1 | 9.49 | 99 | 513.91 |
| USA | 6 | 8.44 | 1,216 | 11,415.00 |
| Netherlands | 1 | 5.83 | 410 | 13,713.70 |
| Philippines | 3 | 1.91 | 88 | 605.99 |
| Cayman Islands | 1.90 | 129 | 6,746.98 | |
| India | 3 | 1.81 | 349 | 1,005.82 |
| United Kingdom | 1 | 1.22 | 507 | 4,194.96 |
| Australia | 1 | 1.10 | 583 | 1,979.58 |
| Germany | 2 | 0.520 | 441 | 2,371.48 |
| Russia | 2 | 0.47 | 164 | 965.83 |
| Indonesia | 2 | 0.46 | 106 | 638.88 |
| Pakistan | 0 | 0.39 | 65 | 34.24 |
| Canada | 0 | 0.35 | 244 | 4,819.20 |
| Cambodia | 0 | 0.31 | 32 | 68.72 |
| Nigeria | 0 | 0.27 | 40 | 3.89 |
| United Arab Emirates | 1 | 0.22 | 29 | 69.43 |
| Finland | 0 | 0.17 | 34 | 24.36 |
| Malaysia | 3 | 0.11 | 702 | 13,060.40 |
| Kazakhstan | 1 | 0.11 | 5 | 0.53 |
| Spain | 1 | 0.09 | 88 | 143.37 |
| Denmark | 0 | 0.06 | 155 | 1,787.21 |
| Georgia | 0 | 0.044 | * | 0.044 |
| Turkey | 0 | 0.03 | 34 | 791.88 |
| Latvia | 0 | 0.021 | 1 | 0.09 |
| Poland | 0 | 0.02 | 29 | 422.97 |
| Afghanistan | 5 | 0.43 | ||
| Albania | 1 | 1.24 | ||
| Andorra | 1 | 3.80 | ||
| Angola | 4 | 118.40 | ||
| Anguilla | 25 | 181.29 | ||
| Antigua and Barbuda | 2 | 0.31 | ||
| Argentina | 5 | 0.16 | ||
| Armenia | 4 | 16.60 | ||
| Austria | 43 | 148.59 | ||
| Bahamas | 8 | 106.31 | ||
| Bangladesh | 17 | 0.92 | ||
| Barbados | 2 | 2.75 | ||
| Belarus | 3 | 32.25 | ||
| Belgium | 82 | 1,097.32 | ||
| Belize | 36 | 303.77 | ||
| Bermuda | 13 | 587.43 | ||
| Brazil | 6 | 3.83 | ||
| British Isles | 1 | 0.10 | ||
| British West Indies | 20 | 975.66 | ||
| Brunei Darussalam | 157 | 971.07 | ||
| Bulgaria | 13 | 31.30 | ||
| Cameroon | 5 | 0.20 | ||
| Channel Islands | 9 | 38.08 | ||
| Chile | 4 | 0.30 | ||
| Colombia | 1 | 0.01 | ||
| Congo | 1 | 0.02 | ||
| Cook Islands | 2 | 172.00 | ||
| Costa Rica | 4 | 13.12 | ||
| Cuba | 4 | 7.03 | ||
| Cyprus | 26 | 469.47 | ||
| Czechia | 41 | 92.40 | ||
| Republic of Korea** | 5 | 1.20 | ||
| Djibouti | 1 | 0.02 | ||
| Dominica | 2 | 8.04 | ||
| Ecuador | 4 | 56.70 | ||
| Egypt | 18 | 2.67 | ||
| El Salvador | 2 | 22.50 | ||
| Estonia | 5 | 0.28 | ||
| Ethiopia | 1 | 0.01 | ||
| Ghana | 2 | 1.02 | ||
| Greece | 6 | 0.12 | ||
| Grenada | 1 | 0.15 | ||
| Guam | 1 | 0.50 | ||
| Guatemala | 4 | 3.22 | ||
| Guernsey | 1 | 0.01 | ||
| Guinea | 1 | 0.01 | ||
| Honduras | 3 | 0.11 | ||
| Hungary | 22 | 72.28 | ||
| Iceland | 3 | 20.32 | ||
| Iran (Islamic Republic of) | 7 | 0.11 | ||
| Iraq | 6 | 27.28 | ||
| Ireland | 37 | 43.71 | ||
| Island of Nevis | 2 | 10.28 | ||
| Isle of Man | 1 | 35.00 | ||
| Jordan | 5 | 1.00 | ||
| Kenya | 1 | 40.77 | ||
| Kuwait | 3 | 1.40 | ||
| Laos | 10 | 71.11 | ||
| Lebanon | 8 | 0.78 | ||
| Lesotho | 1 | 0.01 | ||
| Libya | 3 | 0.25 | ||
| Lithuania | 7 | 21.09 | ||
| Luxembourg | 61 | 2,623.32 | ||
| Macao | 18 | 193.47 | ||
| Maldives | 1 | 0.23 | ||
| Mali | 2 | 0.32 | ||
| Malta | 2 | 0.70 | ||
| Marshall Islands | 20 | 318.12 | ||
| Mauritius | 61 | 429.64 | ||
| Mexico | 5 | 0.19 | ||
| Monaco | 1 | 0.21 | ||
| Mongolia | 3 | 1.10 | ||
| Morrocco | 3 | 1.07 | ||
| Myanmar | 3 | 0.91 | ||
| Nepal | 5 | 0.35 | ||
| New Zealand | 51 | 210.60 | ||
| Norway | 54 | 192.78 | ||
| Oman | 3 | 20.77 | ||
| Palestine | 2 | 0.13 | ||
| Panama | 14 | 52.49 | ||
| Portugal | * | * | ||
| Qatar | 1 | 3.23 | ||
| Republic of Moldova | 1 | 0.01 | ||
| Rumani | 4 | 1.51 | ||
| Saint Kitts and Nevis | 3 | 39.89 | ||
| Saint Vincent and the Grenadines | 5 | 48.90 | ||
| Saudia Arabia | 7 | 9.87 | ||
| Serbia | 2 | 1.58 | ||
| Sierra Leone | 1 | 0.03 | ||
| Slovakia | 14 | 140.83 | ||
| Slovenia | 3 | 2.27 | ||
| South Africa | 20 | 0.68 | ||
| Sri Lanka | 27 | 40.94 | ||
| Sudan | 3 | 0.31 | ||
| Swaziland | 1 | 45.00 | ||
| Syrian Arab Republic | 6 | 1.28 | ||
| Turkmenistan | 1 | 0.07 | ||
| Turks & Caicos Islands | 2 | 3.10 | ||
| Uganda | 3 | 0.09 | ||
| Ukraina | 26 | 30.03 | ||
| United States Virgin Islands | 3 | 38.92 | ||
| Uruguay | 2 | 0.14 | ||
| Venezuela | 3 | 0.52 | ||
| Yemen | 4 | 0.17 | ||
| Total | 153 | 1,685.35 | 36,099 | 438,194.60 |
*No data supplied.
**The Republic of Korea appears twice per MoPI’s dataset
Which sectors in Vietnam received FDI in January?
The manufacturing sector, in January, was Vietnam’s biggest FDI drawcard with 53 new projects and an additional total registered capital of US$718 million. Manufacturing was followed by ‘wholesale and retail; repair of motor vehicles and motorcycles’ with US$676 in new RC and then construction came a distant third, with three new projects and US$63 million in additional registered capital.
| January | All-time | |||
| Sector | New Projects | New RC ($USm) | Total Projects | Total RC ($USm) |
| Manufacturing and processing | 53 | 718.72 | 16,014 | 261,534.35 |
| Wholesale and retail; repair of motor vehicles and motorcycles | 35 | 676.29 | 6,178 | 10,968.82 |
| Transportation and storage | 7 | 82.92 | 993 | 6,254.35 |
| Construction | 3 | 63.72 | 1,790 | 11,024.71 |
| Real estate industry | 4 | 60.85 | 1,076 | 66,347.87 |
| Professional, scientific and technical activities | 22 | 41.74 | 4,133 | 4,966.02 |
| Information and communication | 16 | 26.71 | 2,705 | 4,938.03 |
| Agriculture, forestry and fishery | 4 | 5.43 | 528 | 3,859.57 |
| Financial, banking and insurance activities | 1 | 5.22 | 89 | 945.05 |
| Accommodation and food service activities | 4 | 2.85 | 935 | 12,681.66 |
| Other service activities | 0 | 0.48 | 146 | 724.15 |
| Education and training | 2 | 0.46 | 627 | 4,590.96 |
| Mining and quarrying | 0 | 0.04 | 108 | 4,894.57 |
| Public health and social work activities | 0 | 0.01 | 154 | 1,753.79 |
| Production, electricity, gas, steam and air conditioning supply | 0 | 0.00 | 185 | 38,317.63 |
| Administrative and support service activities | 2 | -0.10 | 566 | 1,039.81 |
| Arts, entertainment and recreation | 140 | 3,418.60 | ||
| Household’s chores employment activities | 7 | 11.07 | ||
| Water supply, sewerage, waste management and remediation activities | 84 | 3,042.93 | ||
| Total | 153 | 1685.35 | 35,523 | 428,632.29 |
Which provinces received FDI in January and how much did they receive?
The leading province for FDI in January was Bac Giang in Vietnam’s north with eight new projects and new RC of US$791 million. Bac Giang was followed by Ho Chi Minh City in the south with US$179 million in new RC and then Dong Nai, a key manufacturing hub for big brands like Adidas and Nike, with US$154 million.
| January | All-time | |||
| Province | New Projects | New RC ($USm) | Total Projects | Total RC ($USm) |
| Bac Giang | 8 | 791.88 | 595 | 9,382.47 |
| Ho Chi Minh City | 50 | 179.04 | 11,272 | 55,828.96 |
| Dong Nai | 10 | 154.28 | 1,818 | 34,992.05 |
| Bac Ninh | 18 | 137.94 | 1,819 | 23,170.76 |
| Ba Ria – Vung Tau | 3 | 115.86 | 533 | 33,304.09 |
| Hai Phong | 3 | 79.17 | 982 | 25,274.13 |
| Tay Ninh | 1 | 58.13 | 363 | 9,155.05 |
| Hung Yen | 4 | 49.65 | 533 | 6,620.40 |
| Hanoi | 22 | 21.82 | 7,019 | 38,743.15 |
| Hai Duong | 6 | 21.62 | 507 | 9,148.14 |
| Thai Nguyen | 2 | 14.80 | 197 | 10,448.39 |
| Binh Phuoc | 4 | 14.19 | 413 | 3,971.80 |
| Quang Ninh | 1 | 13.20 | 159 | 10,172.66 |
| Binh Duong | 3 | 11.81 | 4,074 | 39,633.40 |
| Da Nang | 9 | 9.04 | 927 | 6,138.81 |
| Phu Tho | 1 | 8.50 | 217 | 3,099.49 |
| Can Tho | 7.76 | 86 | 2,222.86 | |
| Thua Thien Hue | 1 | 3.50 | 130 | 4,239.03 |
| Thanh Hoa | 3.05 | 174 | 14,798.91 | |
| Quang Ngai | 2.89 | 63 | 2,124.71 | |
| Ha Nam | 1.34 | 374 | 5,327.52 | |
| Vinh Phuc | 2 | 1.08 | 502 | 6,742.20 |
| Khanh Hoa | 0.55 | 119 | 4,395.09 | |
| Nghe An | 1 | 0.35 | 25 | 2,523.91 |
| An Giang | 0.32 | 31 | 317.31 | |
| Quang Tri | 0.30 | 125 | 2,481.57 | |
| Ninh Binh | 0.17 | 94 | 1,602.84 | |
| Quang Nam | 0.09 | 224 | 6,336.69 | |
| Yen Bai | 0.04 | 35 | 456.85 | |
| Lam Dong | 0.00 | 102 | 514.62 | |
| Binh Dinh | (1.48) | 99 | 1,203.46 | |
| Long An | 4 | (15.55) | 1,293 | 12,912.83 |
| Bac Kan | 4 | 7.90 | ||
| Bac Lieu | 15 | 4,490.06 | ||
| Ben Tre | 65 | 1,585.02 | ||
| Binh Thuan | 158 | 3,838.76 | ||
| Ca Mau | 11 | 157.83 | ||
| Cao Bang | 16 | 30.63 | ||
| Dak Lak | 27 | 642.12 | ||
| Dak Nong | 20 | 311.87 | ||
| Dien Bien | 1 | 3.00 | ||
| Dong Thap | 21 | 231.58 | ||
| Gia Lai | 8 | 92.09 | ||
| Ha Giang | 6 | 4.15 | ||
| Ha Tinh | 80 | 12,014.24 | ||
| Hau Giang | 30 | 686.09 | ||
| Hoa Binh | 51 | 720.14 | ||
| Kien Giang | 63 | 4,810.15 | ||
| Kon Tum | 9 | 245.36 | ||
| Lai Chau | 1 | 1.50 | ||
| Lang Son | 42 | 240.36 | ||
| Lao Cai | 32 | 582.63 | ||
| Nam Dinh | 130 | 3,713.29 | ||
| Ninh Thuan | 112 | 1,664.43 | ||
| Petroleum | 50 | 2,768.69 | ||
| Phu Yen | 51 | 2,034.81 | ||
| Quang Binh | 24 | 1,116.28 | ||
| Soc Trang | 16 | 340.61 | ||
| Son La | 10 | 135.73 | ||
| Thai Binh | 56 | 1,735.14 | ||
| Tien Giang | 138 | 2,799.66 | ||
| Tra Vinh | 38 | 3,188.03 | ||
| Tuyen Quang | 18 | 208.82 | ||
| Vinh Long | 71 | 1,007.16 | ||
| Total | 153 | 1,685 | 36,278 | 438,692 |
About the FDI tracker data
Data used to compile the FDI tracker come from the Ministry of Investment and Planning. This data covers the period from January 1 to January 20.
December 2022
Vietnam’s Ministry of Planning and Investment has released its December 2022 report on foreign direct investment (FDI). Here’s how Vietnam’s FDI sector is faring.
December of 2022 was another good month in terms of foreign direct investment for Vietnam. In total it clocked an additional 224 new projects, bringing its total for the year to 2,036. It also received just over an additional US$2.5 billion in registered capital, bringing its total for the year to US$27.72 billion.
So, in December, where did Vietnam’s FDI come from? And where did it go?
Where did Vietnam’s FDI come from in December?
Korea, Singapore, and Hong Kong, in that order, topped Vietnam’s FDI source countries in December 2022. Between them they kicked off 108 new projects around Vietnam. They also contributed the lion’s share of new registered capital with a combined total of just over US$1.7 billion.
| New Projects | Registered Capital ($USm) | |||||
| Country | NOV | DEC | YTD | NOV | DEC | YTD |
| Singapore | 40 | 32 |
280 |
321.44 | 678.61 |
6,455.01 |
| Republic of Korea | 51 | 41 |
416 |
151.3 | 754.34 |
4,879.01 |
| Japan | 17 | 20 |
203 |
288.95 | 177.58 |
4,781.39 |
| China | 36 | 35 |
283 |
482.62 | 270.66 |
2,518.01 |
| Hong Kong | 17 | 14 |
134 |
165.66 | 285.33 |
2,223.88 |
| Denmark | 0 | 1 |
8 |
0 | 0.86 |
1,320.31 |
| Taiwan | 12 | 11 |
86 |
38.87 | 104.44 |
1,351.62 |
| United States of America | 6 | 13 |
91 |
0.54 | 35.17 |
748.17 |
| Netherlands | 0 | 2 |
31 |
0 | 7.20 |
702.19 |
| BritishVirginIslands | 3 | 2 |
25 |
80.17 | 96.16 |
607 |
| Thailand | 4 | 3 |
37 |
0.27 | 14.00 |
198.86 |
| Samoa | 3 | 3 |
20 |
4.8 | 66.06 |
305.77 |
| Cayman Islands | 0 | 3 |
4 |
0 | 2.24 |
222.62 |
| Bermuda | 0 | 0 |
2 |
0 | 0.00 |
180.28 |
| Malaysia | 6 | 1 |
38 |
4.63 | 0.38 |
185.18 |
| France | 1 | 4 |
26 |
0 | 19.60 |
164.94 |
| United Kingdom | 6 | 6 |
53 |
0.82 | 1.45 |
134.66 |
| Seychelles | 0 | 4 |
19 |
0 | 14.50 |
114.136 |
| Germany | 2 | 3 |
32 |
0.06 | 33.79 |
117.07 |
| Australia | 3 | 2 |
36 |
0.23 | 2.89 |
71.25 |
| Canada | 3 | 1 |
14 |
4.92 | 0.68 |
57.34 |
| Luxembourg | 1 | 1 |
4 |
11.1 | 0.20 |
41.42 |
| Indonesia | 0 | 1 |
4 |
0 | 0.02 |
31.13 |
| India | 6 | 3 |
42 |
0.2 | 1.08 |
31.77 |
| Brunei Darussalam | 0 | 0 |
1 |
0 | 0.00 |
28.55 |
| Poland | 0 | 0 |
3 |
0 | 0.00 |
22.58 |
| Cambodia | 0 | 1 |
2 |
0 | 0.01 |
17.95 |
| Spain | 0 | 0 |
5 |
0 | 0.02 |
16.18 |
| Russia | 2 | 0 |
12 |
0.06 | 4.35 |
20.35 |
| Sweden | 1 | 0 |
6 |
30 | 0.18 |
43.93 |
| Philippines | 0 | 0 |
3 |
0 | 0.66 |
14.52 |
| Marshall Islands | 1 | 0 |
7 |
1.2 | 0.00 |
13.97 |
| Italia | 1 | 1 |
10 |
0.12 | 0.16 |
11.58 |
| Switzerland | 2 | 1 |
16 |
0.25 | 0.13 |
11.12 |
| Nigeria | 1 | 0 |
1 |
0.12 | 1.10 |
11.53 |
| Mauritius | 0 | 0 |
2 |
0 | 0.00 |
6.55 |
| United States Virgin Islands | 0 | 0 |
0 |
0 | 0.00 |
4.77 |
| Hungary | 2 | 0 |
3 |
2.07 | 0.00 |
5.56 |
| Austria | 1 | 0 |
6 |
0.05 | 0.00 |
2.87 |
| Ireland | 0 | 3 |
9 |
0 | 0.12 |
2.65 |
| Laos | 0 | 0 |
0 |
0 | 0.00 |
2.09 |
| Ukraina | 0 | 0 |
0 |
0 | 0.00 |
1.68 |
| Pakistan | 0 | 2 |
3 |
0 | 0.46 |
2.28 |
| New Zealand | 3 | 0 |
5 |
0.67 | 0.00 |
3.03 |
| Belize | 0 | 2 |
2 |
0 | 5.23 |
6.64 |
| Finland | 0 | 0 |
2 |
0 | 0.13 |
1.4 |
| Belgium | 0 | 0 |
1 |
0 | 0.25 |
1.49 |
| Czechia | 1 | 0 |
2 |
0.02 | 0.64 |
1.79 |
| Sri Lanka | 0 | 0 |
1 |
0 | 0.00 |
1.16 |
| Yemen | 0 | 0 |
0 |
0 | 0.00 |
1.09 |
| Saint Kitts and Nevis | 0 | 0 |
0 |
0 | 0.00 |
0.91 |
| Cuba | 0 | 0 |
0 |
0 | 0.00 |
0.9 |
| Cyprus | 0 | 1 |
3 |
0 | 0.17 |
1.03 |
| Israel | 0 | 0 |
1 |
0 | 0.00 |
0.76 |
| South Africa | 1 | 0 |
3 |
0.1 | 0.12 |
0.94 |
| Côte d’Ivoire | 0 | 0 |
0 |
0 | 0.00 |
0.69 |
| United Arab Emirates | 1 | 0 |
2 |
0.02 | 0.06 |
0.74 |
| Bangladesh | 0 | 0 |
1 |
0 | 0.00 |
0.63 |
| Egypt | 0 | 0 |
1 |
0 | 0.14 |
0.71 |
| Turkey | 1 | 2 |
5 |
0.15 | 0.14 |
0.85 |
| Kazakhstan | 0 | 0 |
0 |
0 | 0.00 |
0.55 |
| Saint Vincent and the Grenadines | 0 | 0 |
0 |
0 | 0.00 |
0.45 |
| Afghanistan | 1 | 1 |
2 |
0.02 | 1.12 |
1.14 |
| Bahamas | 0 | 0 |
0 |
0 | 0.00 |
0.42 |
| Vanuatu | 0 | 0 |
0 |
0 | 0.00 |
0.36 |
| Syrian Arab Republic | 0 | 0 |
0 |
0 | 0.51 |
0.83 |
| Norway | 0 | 3 |
4 |
0 | 0.24 |
0.55 |
| Sudan | 0 | 0 |
0 |
0 | 0.00 |
0.3 |
| Burkina Faso | 0 | 0 |
0 |
0 | 0.00 |
0.28 |
| Guinea | 0 | 0 |
0 |
0 | 0.00 |
0.27 |
| Rumani | 0 | 0 |
1 |
0 | 0.00 |
0.26 |
| Dominica | 0 | 0 |
0 |
0 | 0.00 |
0.24 |
| Lebanon | 0 | 0 |
2 |
0 | 0.00 |
0.22 |
| Greece | 0 | 0 |
1 |
0 | 0.00 |
0.22 |
| Iran (Islamic Republic of) | 1 | 0 |
2 |
0.03 | 0.15 |
0.35 |
| Grenada | 0 | 0 |
1 |
0 | 0.00 |
0.149 |
| Portugal | 0 | 0 |
0 |
0 | 0.00 |
0.142 |
| Algeria | 0 | 0 |
0 |
0 | 0.00 |
0.19 |
| Antigua and Barbuda | 0 | 0 |
0 |
0 | 0.00 |
0.135 |
| Libya | 0 | 0 |
1 |
0 | 0.00 |
0.132 |
| Colombia | 0 | 0 |
0 |
0 | 0.00 |
0.13 |
| Venezuela | 0 | 0 |
1 |
0 | 0.00 |
0.123 |
| Myanmar | 0 | 0 |
2 |
0 | 0.00 |
0.11 |
| Ethiopia | 0 | 0 |
0 |
0 | 0.00 |
0.106 |
| Malta | 0 | 0 |
1 |
0 | 0.00 |
0.1 |
| Chile | 0 | 0 |
0 |
0 | 0.00 |
0.087 |
| Latvia | 0 | 0 |
0 |
0 | 0.20 |
0.29 |
| Belarus | 0 | 0 |
0 |
0 | 0.00 |
0.068 |
| Uganda | 0 | 0 |
1 |
0 | 0.00 |
0.05 |
| Albania | 0 | 0 |
0 |
0 | 0.00 |
0.048 |
| Jordan | 0 | 0 |
1 |
0 | 0.00 |
0.044 |
| Armenia | 1 | 0 |
2 |
0.097 | 0.00 |
0.27 |
| Kyrgyzstan | 0 | 0 |
0 |
0 | 0.00 |
0.034 |
| Tunisia | 0 | 0 |
0 |
0 | 0.00 |
0.033 |
| Bulgaria | 1 | 1 |
3 |
0.06 | 0.10 |
0.18 |
| Iceland | 0 | 0 |
0 |
0 | 0.00 |
0.01 |
| Nepal | 0 | 0 |
0 |
0 | 0.00 |
0.01 |
| Djibouti | 0 | 0 |
0 |
0 | 0.00 |
0.009 |
| Estonia | 0 | 0 |
0 |
0 | 0.00 |
0.007 |
| Republic of Moldova | 0 | 0 |
1 |
0 | 0.00 |
0.005 |
| Cameroon | 0 | 0 |
1 |
0 | 0.00 |
0.005 |
| Isle of Man | 0 | 0 |
0 |
0 | 0.00 |
0.004 |
| Slovenia | 0 | 0 |
0 |
0 | 0.00 |
0.004 |
| Macao | 0 | 0 |
0 |
0 | 0.00 |
0.21 |
| Lithuania | 1 | 0 |
1 |
0.084 | 0.00 |
0.084 |
| Brazil | 1 | 0 |
1 |
0.019 | 0.00 |
0.029 |
| Argentina | 1 | 0 |
1 |
0.01 | 0.00 |
0.01 |
| Total | 242 | 224 | 2036 | 1591.73 | 2583.63 | 27,717.73 |
Which sectors in Vietnam received FDI in December?
Vietnam’s manufacturing and processing sector maintained its lead in terms of attracting FDI, in December with US$1.8 billion. It was followed closely by real estate (US$263) which only just came in before professional, scientific and technical services (US$262).
| New Projects | Registered Capital ($USm) | |||||
| Sector | NOV | DEC | YTD | NOV | DEC | YTD |
| Manufacturing and processing | 55 | 67 | 511 | 1150.78 | 1837 | 16801.5 |
| Real estate | 6 | 8 | 75 | 266.88 | 263 | 4451.4 |
| Production, electricity, gas, steam and air conditioning supply | 0 | 2 | 11 | 0 | 2 | 2261.5 |
| Professional, scientific and technical services | 37 | 32 | 331 | 53.52 | 262 | 1289.3 |
| Wholesale and retail; repair of motor vehicles and motorcycles | 72 | 69 | 611 | 43.08 | 93 | 1010.7 |
| Information and communication | 32 | 20 | 241 | 3.75 | 48 | 655.2 |
| Transportation and storage | 13 | 3 | 72 | 66.88 | 6 | 438.9 |
| Education and training | 10 | 5 | 36 | 2.13 | 2 | 253.4 |
| Construction | 4 | 2 | 32 | 0.77 | 16 | 247.5 |
| Agriculture, forestry and fishery | 0 | 2 | 12 | 0 | 3 | 68.0 |
| Administrative and support service activities | 10 | 6 | 54 | 3.71 | 9 | 63.7 |
| Financial, banking and insurance activities | 0 | 2 | 8 | 0 | 31 | 57.7 |
| Mining and quarrying | 0 | 0 | 1 | 0 | 0 | 19.1 |
| Water supply, sewerage, waste management and remediation activities | 0 | 0 | 3 | 0 | -4 | 57.3 |
| Public health and social work activities | 0 | 1 | 2 | 0 | 10 | 21.2 |
| Other service activities | 0 | 0 | 2 | 0 | 0 | 5.9 |
| Arts, entertainment and recreation | 0 | 0 | 1 | 0 | 0 | 3.9 |
| Accommodation and food service activities | 3 | 5 | 33 | 0.2 | 11 | 11.4 |
| Household’s chores employment activities | 0 | 1 | 0.6 | |||
| Total | 242 | 224 | 2036 | 1591.7 | 2582.88 | 27718.12 |
Which provinces received FDI in December and how much did they receive?
Ba Ria – Vung Tau came in first in December receiving US$469 million in FDI. It was followed closely by the port city of Hai Phong with US$425 million, with HCMC rounding out the top 3 with a little over US$400 million.
| New Projects | Registered Capital ($USm) | |||||
| Province | NOV | DEC | YTD | NOV | DEC | YTD |
| Ho Chi Minh City |
114 |
86 |
893 |
33.77 |
400.66 |
3,940.40 |
| Binh Duong |
6 |
4 |
68 |
6.68 |
111.32 |
3,142.67 |
| Quang Ninh |
0 |
0 |
9 |
0 |
182.61 |
2,368.16 |
| Bac Ninh |
22 |
27 |
147 |
106.5 |
197.78 |
2,243.90 |
| Thai Nguyen |
0 |
0 |
5 |
293.19 |
-282.19 |
1,545.62 |
| Hai Phong |
12 |
11 |
91 |
111.75 |
425.61 |
1,963.23 |
| Hanoi |
37 |
42 |
365 |
20.47 |
186.58 |
1,705.84 |
| Dong Nai |
7 |
8 |
51 |
68.67 |
39.93 |
1,252.09 |
| Bac Giang |
7 |
3 |
36 |
109.86 |
139.96 |
1,214.63 |
| Long An |
7 |
7 |
61 |
107.39 |
44.83 |
846.38 |
| Nghe An |
2 |
3 |
19 |
275.23 |
7.63 |
890.67 |
| Hung Yen |
2 |
5 |
21 |
98.73 |
14.26 |
746.1 |
| Ba Ria – Vung Tau |
2 |
1 |
17 |
4.4 |
468.64 |
954.23 |
| Phu Tho |
2 |
1 |
8 |
215 |
9.4 |
700.67 |
| Ha Nam |
4 |
2 |
19 |
52.55 |
51.6 |
528.21 |
| Tay Ninh |
2 |
2 |
18 |
220.5 |
90.5 |
698.32 |
| Hai Duong |
1 |
3 |
17 |
3 |
29.78 |
370.61 |
| Ha Tinh |
0 |
0 |
1 |
0 |
0 |
276.13 |
| Binh Phuoc |
1 |
-1 |
33 |
1 |
-22.16 |
225.89 |
| Thua Thien hue |
1 |
1 |
6 |
0.1 |
0.08 |
197.5 |
| Can Tho |
1 |
1 |
6 |
0 |
2.11 |
185.97 |
| Da Nang |
3 |
5 |
47 |
0.55 |
0.63 |
133.99 |
| Thai Binh |
1 |
1 |
8 |
2 |
150 |
307.87 |
| Vinh Phuc |
1 |
5 |
28 |
0.5 |
125.27 |
244.52 |
| Soc Trang |
0 |
0 |
2 |
0 |
20 |
116.38 |
| Ninh Thuan |
0 |
0 |
1 |
0 |
0.13 |
87.56 |
| Quang Ngai |
0 |
1 |
4 |
0 |
6 |
86.92 |
| Thanh Hoa |
2 |
0 |
7 |
24.33 |
0 |
97.51 |
| Ninh Binh |
0 |
0 |
5 |
0 |
0 |
67.37 |
| Nam Dinh |
1 |
1 |
7 |
4.8 |
-0.2 |
57.6 |
| Tien Giang |
0 |
0 |
9 |
0 |
173.04 |
221.76 |
| Vinh Long |
2 |
0 |
4 |
83.54 |
-3.3 |
155.95 |
| Quang Nam |
1 |
0 |
5 |
39.3 |
0 |
79.25 |
| Binh Dinh |
0 |
1 |
2 |
0 |
3.83 |
34.21 |
| Binh Thuan |
0 |
0 |
2 |
0 |
0 |
24.79 |
| An Giang |
0 |
0 |
2 |
0 |
0 |
24.64 |
| Bac Lieu |
0 |
0 |
1 |
0 |
0 |
-60.95 |
| Yen Bai |
0 |
0 |
3 |
0 |
0.01 |
9.71 |
| Khanh Hoa |
0 |
0 |
1 |
0 |
0.01 |
8.69 |
| Lam Dong |
0 |
1 |
1 |
0 |
0.05 |
-6.31 |
| Dak Lak |
0 |
2 |
2 |
0 |
5.65 |
10.83 |
| Tra Vinh |
0 |
0 |
1 |
0 |
0 |
3.03 |
| Ben Tre |
1 |
0 |
1 |
1.08 |
0 |
2.86 |
| Kien Giang |
0 |
1 |
1 |
0 |
2.64 |
4.67 |
| Lang Son |
0 |
0 |
0 |
0 |
0 |
1.72 |
| Hoa Binh |
0 |
0 |
0 |
0 |
0.21 |
1.44 |
| Tuyen Quang |
0 |
0 |
0 |
0 |
0 |
0.86 |
| Dak Nong |
0 |
0 |
0 |
0 |
0 |
0.62 |
| Kon Tum |
0 |
0 |
0 |
0 |
0 |
0.57 |
| Quang Tri |
0 |
0 |
0 |
0 |
0 |
0.47 |
| Hau Giang |
0 |
0 |
1 |
0 |
0 |
0.29 |
| Ca Mau |
0 |
0 |
0 |
0 |
0 |
0.14 |
| Phu Yen |
0 |
0 |
0 |
0 |
0 |
1.83 |
| Gia Lai |
0 |
0 |
0 |
0 |
0 |
0.11 |
|
242 |
224 |
2036 |
1884.89 |
2582.9 |
27,718.12 |
|
About these FDI numbers
Vietnam’s Ministry of Planning and Investment releases FDI statistics at the end of each month. This tracks the countries that are investing in Vietnam as well as the total number of projects, and the dollar-value of those investments.
November 2022
Vietnam’s Ministry of Planning and Investment has released its November 2022 report on foreign direct investment (FDI) for the first 11 months of the year. Here’s how Vietnam’s FDI sector is faring.
November was a relatively good month for Vietnam in terms of newly registered capital for FDI enterprises. In total registration certificates for 242 new projects were approved and Vietnam received US$2.7 billion in newly registered capital.
This brings the current FDI tally, year-to-date (YTD), to just over US$25 billion.
But where is all of Vietnam’s FDI coming from and where is it going?
Jump to: FDI by source country | FDI by sector | FDI by province
Where did Vietnam’s FDI come from in November?
Hong Kong saw the biggest increase in registered capital in FDI projects, in Vietnam, in November. It registered US$576 million in capital and 17 new projects in Vietnam. It was followed closely by China, Singapore, and Japan.
FDI by source country
| New Projects | Registered Capital ($USm) | |||
| Country | Nov’ | YTD | Nov’ | YTD |
| Singapore | 40 | 248 |
432.11 |
5,776.40 |
| Japan | 17 | 183 |
412.76 |
4,603.81 |
| Republic of Korea | 51 | 375 |
217.60 |
4,124.67 |
| China | 36 | 248 |
540.36 |
2,247.35 |
| Hong Kong | 17 | 120 |
576.30 |
1,938.55 |
| Denmark | 0 | 7 |
-2.00 |
1,319.45 |
| Taiwan | 12 | 75 |
377.88 |
1,247.18 |
| United States of America | 6 | 78 |
10.32 |
713 |
| Netherlands | 0 | 29 |
7.13 |
694.99 |
| BritishVirginIslands | 3 | 23 |
102.73 |
510.84 |
| Thailand | 4 | 34 |
-72.38 |
184.86 |
| Samoa | 3 | 17 |
4.8 |
239.71 |
| Cayman Islands | 0 | 1 |
0.01 |
220.38 |
| Bermuda | 0 | 2 |
0 |
180.28 |
| Malaysia | 6 | 37 |
7.33 |
184.8 |
| France | 1 | 22 |
1.25 |
145.34 |
| United Kingdom | 6 | 47 |
7.36 |
133.21 |
| Seychelles | 0 | 15 |
1.13 |
99.64 |
| Germany | 2 | 29 |
3.343 |
83.278 |
| Australia | 3 | 34 |
3.39 |
68.36 |
| Canada | 3 | 13 |
5.16 |
56.66 |
| Luxembourg | 1 | 3 |
-2.65 |
41.22 |
| Indonesia | 0 | 3 |
0 |
31.11 |
| India | 6 | 39 |
0.86 |
30.69 |
| Brunei Darussalam | 0 | 1 |
0.01 |
28.55 |
| Poland | 0 | 3 |
0.03 |
22.58 |
| Cambodia | 0 | 1 |
0 |
17.94 |
| Spain | 0 | 5 |
0 |
16.16 |
| Russia | 2 | 12 |
0.74 |
16 |
| Sweden | 1 | 6 |
30 |
43.75 |
| Philippines | 0 | 3 |
0.14 |
13.86 |
| Marshall Islands | 1 | 7 |
1.2 |
13.97 |
| Italy | 1 | 9 |
0.15 |
11.42 |
| Switzerland | 2 | 15 |
0.33 |
10.99 |
| Nigeria | 1 | 1 |
0.71 |
10.43 |
| Mauritius | 0 | 2 |
0 |
6.55 |
| United States Virgin Islands | 0 | 0 |
0 |
4.77 |
| Hungary | 2 | 3 |
2.07 |
5.56 |
| Austria | 1 | 6 |
0.1 |
2.87 |
| Ireland | 0 | 6 |
0.04 |
2.53 |
| Laos | 0 | 0 |
0 |
2.09 |
| Ukraine | 0 | 0 |
0 |
1.68 |
| Pakistan | 0 | 1 |
0.21 |
1.82 |
| New Zealand | 3 | 5 |
1.52 |
3.03 |
| Belize | 0 | 0 |
0 |
1.41 |
| Finland | 0 | 2 |
0 |
1.27 |
| Belgium | 0 | 1 |
0 |
1.24 |
| Czech Republic | 1 | 2 |
0.02 |
1.15 |
| Sri Lanka | 0 | 1 |
0.14 |
1.16 |
| Yemen | 0 | 0 |
0.09 |
1.09 |
| Saint Kitts and Nevis | 0 | 0 |
0 |
0.91 |
| Cuba | 0 | 0 |
0 |
0.9 |
| Cyprus | 0 | 2 |
0 |
0.86 |
| Israel | 0 | 1 |
0.01 |
0.76 |
| South Africa | 1 | 3 |
0.1 |
0.82 |
| Côte d’Ivoire | 0 | 0 |
0 |
0.69 |
| United Arab Emirates | 1 | 2 |
0.02 |
0.68 |
| Bangladesh | 0 | 1 |
0.06 |
0.63 |
| Egypt | 0 | 1 |
0 |
0.57 |
| Turkey | 1 | 3 |
0.15 |
0.71 |
| Kazakhstan | 0 | 0 |
0 |
0.55 |
| Saint Vincent and the Grenadines | 0 | 0 |
0 |
0.45 |
| Afghanistan | 1 | 1 |
-0.41 |
0.02 |
| Bahamas | 0 | 0 |
0 |
0.42 |
| Vanuatu | 0 | 0 |
0 |
0.36 |
| Syrian Arab Republic | 0 | 0 |
0 |
0.32 |
| Norway | 0 | 1 |
0 |
0.31 |
| Sudan | 0 | 0 |
0 |
0.3 |
| Burkina Faso | 0 | 0 |
0 |
0.28 |
| Guinea | 0 | 0 |
0 |
0.27 |
| Rumani | 0 | 1 |
0 |
0.26 |
| Dominica | 0 | 0 |
0 |
0.24 |
| Lebanon | 0 | 2 |
0 |
0.22 |
| Greece | 0 | 1 |
0 |
0.22 |
| Iran (Islamic Republic of) | 1 | 2 |
0.02 |
0.2 |
| Grenada | 0 | 1 |
0 |
0.15 |
| Portugal | 0 | 0 |
0 |
0.142 |
| Algeria | 0 | 0 |
0.051 |
0.19 |
| Antigua and Barbuda | 0 | 0 |
0 |
0.135 |
| Libya | 0 | 1 |
0 |
0.132 |
| Colombia | 0 | 0 |
0 |
0.13 |
| Venezuela | 0 | 1 |
0 |
0.123 |
| Myanmar | 0 | 2 |
0 |
0.11 |
| Ethiopia | 0 | 0 |
0 |
0.106 |
| Malta | 0 | 1 |
0 |
0.1 |
| Chile | 0 | 0 |
0 |
0.087 |
| Latvia | 0 | 0 |
0 |
0.087 |
| Belarus | 0 | 0 |
0 |
0.068 |
| Uganda | 0 | 1 |
0 |
0.05 |
| Albania | 0 | 0 |
0 |
0.048 |
| Jordan | 0 | 1 |
0 |
0.044 |
| Armenia | 1 | 2 |
0.227 |
0.27 |
| Kyrgyzstan | 0 | 0 |
0 |
0.034 |
| Tunisia | 0 | 0 |
0 |
0.033 |
| Bulgaria | 1 | 2 |
0.06 |
0.08 |
| Iceland | 0 | 0 |
0 |
0.01 |
| Nepal | 0 | 0 |
0 |
0.01 |
| Djibouti | 0 | 0 |
0 |
0.009 |
| Estonia | 0 | 0 |
0 |
0.007 |
| Republic of Moldova | 0 | 1 |
0 |
0.005 |
| Cameroon | 0 | 1 |
0 |
0.005 |
| Isle of Man | 0 | 0 |
0 |
0.004 |
| Slovenia | 0 | 0 |
0 |
0.004 |
| Macao | 0 | 0 |
0.21 |
0.21 |
| Lithuania | 1 | 1 |
0.084 |
0.084 |
| Brazil | 1 | 1 |
0.029 |
0.029 |
| Argentina | 1 | 1 |
0.01 |
0.01 |
| Total | 242 | 1812 |
2,674.05 |
25,135.24 |
See also:
- Vietnam Encourages Further Singaporean Investments in Da Nang
- Growing Economic Cooperation Between Japan and Vietnam
Which sectors in Vietnam received FDI in November?
By far the biggest winner in attracting FDI in Vietnam, in November, was the manufacturing and processing sector. It counted 55 new projects and new registered capital of US$2 billion. That said, the “wholesale and retail; repair of motor vehicles and motorcycles” sector saw the most new projects with a total of 72.
FDI by sector
| New Projects | Registered Capital ($US) | |||
| Sector | Nov’ | YTD | Nov’ | YTD |
| Manufacturing and processing | 55 | 444 |
2,046.85 |
14,964.31 |
| Real estate activities | 6 | 67 |
316.08 |
4,188.78 |
| Production, electricity, gas, steam and air conditioning supply | 0 | 9 |
-28.26 |
2,259.45 |
| Professional, scientific and technical activities | 37 | 299 |
99.05 |
1027.14 |
| Wholesale and retail; repair of motor vehicles and motorcycles | 72 | 542 |
64.23 |
917.4 |
| Information and communication | 32 | 221 |
16.18 |
607.44 |
| Transportation and storage | 13 | 69 |
68.63 |
432.56 |
| Education and training | 10 | 31 |
12.46 |
251.2 |
| Construction | 4 | 30 |
3.19 |
231.53 |
| Agriculture, forestry and fishery | 0 | 10 |
0.02 |
64.6 |
| Administrative and support service activities | 10 | 48 |
10.35 |
55.12 |
| Financial, banking and insurance activities | 0 | 6 |
1.25 |
26.37 |
| Mining and quarrying | 0 | 1 |
0 |
19.06 |
| Water supply, sewerage, waste management and remediation activities | 0 | 3 |
44.86 |
61.71 |
| Public health and social work activities | 0 | 1 |
0 |
10.74 |
| Other service activities | 0 | 2 |
0.17 |
5.92 |
| Arts, entertainment and recreation | 0 | 1 |
2.13 |
3.85 |
| Accommodation and food service activities | 3 | 28 |
9.34 |
0.55 |
| Total | 242 | 1812 |
2,674.05 |
25,135.24 |
See also:
- Q&A: Vietnam’s Key Investment Industries and Destinations 2022
- Why Manufacturing is Driving Vietnam’s Growth – Vietnam Briefing News
Which provinces received FDI in November and how much did they receive?
Thai Nguyen received the most new registered capital in November with an additional US$293 million registered to existing projects. However, it registered no new projects. HCMC on the other hand registered the most new projects with 114 accounting along with $US115 million in new registered capital.FDI by province
| New Projects | Registered Capital ($USm) | |||
| Province | Nov’ | YTD | Nov’ | YTD |
| Ho Chi Minh City | 114 | 807 |
115.72 |
3,539.74 |
| Binh Duong | 6 | 64 |
177.00 |
3,031.35 |
| Quang Ninh | 0 | 9 |
0.00 |
2,185.55 |
| Bac Ninh | 22 | 120 |
143.51 |
2,046.12 |
| Thai Nguyen | 0 | 5 |
293.19 |
1,827.81 |
| Hai Phong | 12 | 80 |
228.56 |
1,537.62 |
| Hanoi | 37 | 323 |
236.73 |
1,519.26 |
| Dong Nai | 7 | 43 |
93.96 |
1,212.16 |
| Bac Giang | 7 | 33 |
124.76 |
1,074.67 |
| Long An | 7 | 54 |
127.38 |
801.55 |
| Nghe An | 2 | 16 |
275.35 |
883.04 |
| Hung Yen | 2 | 16 |
141.39 |
731.84 |
| Ba Ria 0 Vung Tau | 2 | 16 |
6.67 |
485.59 |
| Phu Tho | 2 | 7 |
226.5 |
691.27 |
| Ha Nam | 4 | 17 |
56.65 |
476.61 |
| Tay Ninh | 2 | 16 |
252.21 |
607.82 |
| Hai Duong | 1 | 14 |
9.25 |
340.83 |
| Ha Tinh | 0 | 1 |
0 |
276.13 |
| Binh Phuoc | 1 | 34 |
31.8 |
248.05 |
| Thua Thien hue | 1 | 5 |
0.1 |
197.42 |
| Can Tho | 1 | 5 |
0.01 |
183.86 |
| Da Nang | 3 | 42 |
2.49 |
133.36 |
| Thai Binh | 1 | 7 |
28.1 |
157.87 |
| Vinh Phuc | 1 | 23 |
3.5 |
119.25 |
| Soc Trang | 0 | 2 |
1.8 |
96.38 |
| Ninh Thuan | 0 | 1 |
0 |
87.43 |
| Quang Ngai | 0 | 3 |
0 |
80.92 |
| Thanh Hoa | 2 | 7 |
24.41 |
97.51 |
| Ninh Binh | 0 | 5 |
0 |
67.37 |
| Nam Dinh | 1 | 6 |
7.96 |
57.8 |
| Tien Giang | 0 | 9 |
0 |
48.72 |
| Vinh Long | 2 | 4 |
111.03 |
159.25 |
| Quang Nam | 1 | 5 |
39.34 |
79.25 |
| Binh Dinh | 0 | 1 |
1.52 |
30.38 |
| Binh Thuan | 0 | 2 |
0 |
24.79 |
| An Giang | 0 | 2 |
1.5 |
24.64 |
| Bac Lieu | 0 | 1 |
-79.3 |
-60.95 |
| Yen Bai | 0 | 3 |
0 |
9.7 |
| Khanh Hoa | 0 | 1 |
0.68 |
8.68 |
| Lam Dong | 0 | 0 |
-13.07 |
-6.36 |
| Dak Lak | 0 | 0 |
0.18 |
5.18 |
| Tra Vinh | 0 | 1 |
0 |
3.03 |
| Ben Tre | 1 | 1 |
1.08 |
2.86 |
| Kien Giang | 0 | 0 |
0.28 |
2.03 |
| Lang Son | 0 | 0 |
0 |
1.72 |
| Hoa Binh | 0 | 0 |
0 |
1.23 |
| Tuyen Quang | 0 | 0 |
0 |
0.86 |
| Dak Nong | 0 | 0 |
0 |
0.62 |
| Kon Tum | 0 | 0 |
0 |
0.57 |
| Quang Tri | 0 | 0 |
0 |
0.47 |
| Hau Giang | 0 | 1 |
0.08 |
0.29 |
| Ca Mau | 0 | 0 |
0 |
0.14 |
| Phu Yen | 0 | 0 |
1.69 |
1.83 |
| Gia Lai | 0 | 0 |
0 |
0.11 |
| Total | 242 | 1812 |
2,674.05 |
25,135.24 |
See also:
- Why Binh Duong is a Magnet for FDI in Vietnam
- What Hanoi’s FDI, Infrastructure Tell Us About its Business Environment
FDI statistics in Vietnam
Vietnam’s Ministry of Planning and Investment releases FDI statistics at the end of each month. This tracks the countries that are investing in Vietnam as well as the total number of projects, and the dollar-value of those investments.
FAQ - FDI in Vietnam
How much FDI does Vietnam attract?
In the first 11 months of 2022 Vietnam attracted US$25.1 billion.
Which country invests most in Vietnam?
The country that invests most in Vietnam is the Republic of South Korea. As of November, 2022, the RoK had invested over US$80 billion in foreign direct investment projects in Vietnam
Why is FDI important to Vietnam?
FDI in Vietnam is important to Vietnam because Vietnam lacks capital and a number of critical skills needed to properly develop its economy. FDI provides capital, builds manufacturing plants and facilities, and provides millions of jobs for Vietnamese people.
See also: Vietnam Approves National Strategy on Foreign Investment: Decision 667
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Dezan Shira & Associates provide business intelligence, due diligence, legal, tax and advisory services throughout the Vietnam and the Asian region. We maintain offices in Hanoi and Ho Chi Minh City, as well as throughout China, South-East Asia, India, and Russia. For assistance with investments into Vietnam please contact us at vietnam@dezshira.com or visit us at www.dezshira.com
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