Singapore tops foreign investment inflows into Vietnam
VOV.VN - Among 52 countries and territories with newly licensed projects, Singapore has emerged as the largest investor in Vietnam, with total registered capital of US$5.32 billion, accounting for 52.0% of the country’s total newly registered FDI.
As of March 31, total registered foreign investment in Vietnam, including newly registered capital, adjusted capital and capital contributions or share purchases, reached US$15.20 billion, up 42.9% year on year.
Newly registered capital comprised 904 licensed projects worth US$10.23 billion, up 6.4% in project numbers and 2.4 times higher in value compared to the same period last year.
Processing and manufacturing attracted the largest share, with US$7.07 billion, or 69.0% of total new registrations, followed by electricity, gas, water supply and air conditioning at US$2.28 billion (22.3%), while other sectors accounted for US$884.6 million (8.7%).
Data on new registrations also highlighted the dominance of Asian investors. Singapore ranked first with US$5.32 billion, accounting for 52.0% of total new capital, followed by the Republic of Korea with US$3.68 billion, or 35.9%.
Other major investors included China with US$417.5 million, Hong Kong (China) with US$256.8 million and Japan with US$191.3 million. The United States was also among notable investors, with newly registered capital of US$91.3 million.
In addition to new registrations, capital contributions and share purchases brought back US$2.66 billion, 2.3 times higher than a year earlier. Meanwhile, Vietnam stepped up outbound investment, with total capital of US$619.9 million, with Laos being the largest recipient.
Beyond registrations, realised FDI in Vietnam in the first quarter was estimated at US$5.41 billion, up 9.1% year on year, marking the highest first-quarter disbursement in the past five years.
Processing and manufacturing dominated, accounting for more than 82% of realised capital, while real estate and energy production and distribution also made significant contributions, reflecting sustained investor confidence in Vietnam’s business environment.
Vietnam remains Singapore’s 10th largest trading partner in January
Vietnam has retained its position as Singapore’s 10th largest trading partner, with bilateral trade reaching SGD4.5 billion (around US$3.5 billion) in January, up 33.9% year on year.
