Foreign investment capital is around 15.2 billion USD over 6 months Electronic businesses are coming to Vietnam brightly

According to data from the Ministry of Planning and Investment, in the first 6 months of the year, total registered foreign direct investment (FDI) reached nearly 15.2 billion USD, an increase of 13.1% over the same period in 2023. Vietnam Nam is considered an important investment destination in the medium and long term.

As of June 20, the total newly registered capital, adjustments and capital contributions, share purchases, and capital contributions of foreign investors reached nearly 15.2 billion USD, an increase of 13.1% over the same period last year. 2023. Implemented capital of foreign investment projects is estimated to reach about 10.84 billion USD, an increase of 8.2% over the same period in 2023.

In particular, many large projects in the fields of semiconductors, energy (production of batteries, photovoltaic cells, silicon bars), production of components, electronic products, and high value-added products are invested. new and expanding capital in the first 6 months of the year.

FDI capital focuses heavily on provinces and cities that have many advantages in attracting foreign investment (good infrastructure, stable human resources, efforts to reform administrative procedures and dynamism in promotion work). investment progress) such as Bac Ninh, Ba Ria – Vung Tau, Quang Ninh, Hanoi, Hai Phong, Ho Chi Minh City, Dong Nai,… and come mainly from traditional partners such as Singapore, Japan, Hong Kong ( China), Korea, China…

Accumulated as of June 20, the whole country had 40,544 valid foreign investment projects with a total registered capital of 484.77 billion USD. The accumulated realized capital of foreign investment projects is estimated at about 308 billion USD, equal to 63.5% of the total valid registered investment capital.

According to the current assessment of many domestic and foreign financial institutions, Vietnam’s prospects for attracting FDI capital this year will maintain a positive pace thanks to three core factors, including: the important and increasingly popular role consolidation in the supply chain diversification strategy of multinational manufacturers; Vietnam’s economic growth recovered more positively this year; macroeconomic stability

Vietnam has investment prospects in many pioneering industries. The technology industry is going through a lot of innovation and digitalization. Similarly, the renewable energy sector is attracting interest, with an increasing focus on clean energy sources such as solar and wind power to sustainably enhance Vietnam’s electricity supply. .

Vietnam’s position in the electricity and electronics supply chain is increasingly strengthened, so there is a trend of many corporations manufacturing electronic products coming to Vietnam.

Investor confidence in Vietnam continues to be strengthened, existing investors believe in the Government’s policies and the future development of Vietnam’s economy, and many investors evaluate Vietnam is an attractive destination with lots of potential and space in the medium and long term.

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