Foreign investment capital into Việt Nam continues its increasing trend, with US$20.21 billion in nine months, a year-on-year growth of 7.7 per cent.Disbursed capital also reached more than $15.9 billion, an increase of 2.2 per cent.Data from the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment (MPI) showed that the total newly-registered foreign investment capital, adjusted and contributed capital to buy shares, and buy contributed capital of foreign investors reached approximately $20.21 billion as of 20 September this year, up 7.7 per cent year-on-year.Of these, 2,254 new projects were granted investment registration certificates, with more than $10.23 billion, an increase of 66.3 per cent in the number of projects and 43.6 per cent in capital compared to the same period last year.Additionally, 934 projects registered to adjust investment capital, with a total additional capital of more than $5.15 billion, a growth of 21.5 per cent in number and a decrease of 37.3 per cent in capital compared to the same period last year.Furthermore, there were 2,539 capital contributions and share purchases, with a total capital contribution value of more than $4.82 billion, down 5.9 per cent in number and up 47 per cent in capital compared to the same period.The number of adjusted capital projects also maintained an increase over the same period, affirming investors' confidence in Việt Nam's investment environment and continuing to make decisions to expand existing projects.FIA data shows that foreign investors have invested in 18 industries out of 21 national economic sectors in the past nine months.The processing and manufacturing industry leads with a total investment capital of more than $14 billion, accounting for nearly 69.3 per cent of total registered investment capital and an increase of 15.5 per cent over the same period.Next is the real estate business, with a total investment capital of nearly $1.94 billion, accounting for more than 9.6 per cent of total registered investment capital, down 45 per cent over the same period.The finance-banking, wholesale, and retail industries ranked third and fourth with total registered capital reaching nearly $1.54 billion and nearly $734 million, respectively.Meanwhile, in terms of investment partners, Singapore still leads with a total investment capital of more than $3.98 billion, accounting for more than 19.7 per cent of total investment capital in Việt Nam.China ranked second with $2.92 billion, accounting for 14.5 per cent of total investment capital, followed by Japan, South Korea, Hong Kong (China), and Taiwan (China).Nearly 1,000 foreign enterprises from 28 countries and territories, including giants such as Boeing, Walmart, and Central Retail, have entered Việt Nam to explore investment opportunities and seek partners since the beginning of this month.As part of the 2024 supplemental sourcing strategy for the Walmart network, the firm has deployed procurement teams to Việt Nam to explore sourcing opportunities in the country. The product categories include seafood, cashew nuts, soy milk, coffee, fresh fruits, and fruit-based snacks, he said.Lionel Adenot, Director of Decathlon Việt Nam Group, mentioned that his company is expanding its textile product supply without volume limits. Vietnamese businesses need to meet specific conditions. These include ensuring that factories do not use coal and have a roadmap to eliminate the use of fossil fuels by 2025, achieving self-sufficiency in raw material supply, favouring environmentally-friendly, on-site material usage, and implementing digital transformation in their production processes, he said.Jean Jacques Bouflet, Vice-Chairman of the European Chamber of Commerce in Việt Nam (EuroCham), said that with its strategic geographical location, stable economy, young workforce, and favourable policies, Việt Nam is emerging as an increasingly important destination in the global supply chain.Since the signing of the EU-Việt Nam Free Trade Agreement (EVFTA) in 2019, European enterprises have invested in 2,250 projects worth $26 billion in Việt Nam. (ICE HO CHI MINH CITY)

Fonte notizia: Vietnam News