Vietnam draws over 1.3 billion USD in FDI in January
Vietnam drew more than 1.3 billion USD in newly-registered and additional capital from foreign direct investment (FDI) projects in January, up 101.2 percent against the same period last year.
Mobile production in Samsung Electronics Vietnam's Thai Nguyen factory. (Photo: VNA)
Hanoi (VNA)🅠 – Vietnam drew more than 1.3 billion USD in newly-registered and additional capital from foreign direct investment (FDI) projects in January, up 101.2 percent against the same period last year.
As of January 20, the country granted new investment licences to 127 projects worth over 1 billion USD, a year-on-year rise of 157.9 percent, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
Meanwhile, 56 projects registered an additional 323.4 million USD to their capital, up 19.2 percent.
The disbursement of FDI projects is estimated to reach 800 million USD, a yearly increase of 23.1 percent.
The foreign investment sector also recorded 9.74 billion USD in exports (including crude oil), an annual rise of 3.2 percent, making up 70.6 percent of Vietnam ’s total export turnover.
Overseas businesses pumped investment into 16 sectors, particularly processing and manufacturing, which attracted 58 newly-registered projects and over 905 million USD in both new and additional capital, accounting for 67.8 percent of the total registered investment in January.
Over the month, 24 countries and territories ran investment projects in Vietnam . Singapore took the lead with the total newly-registered and additional capital of 295.47 million USD, accounting for 22.1 percent of the total investment in Vietnam .
Malaysia and China were in second and third with 243.57 million USD and 179.51 million USD respectively, making up 18.2 percent and 13.4 percent of the total investment in Vietnam .
Foreign investors injected money into 29 cities and provinces across Vietnam . Hanoi was the most attractive destination with 15 newly-licensed projects and seven increasing their capital, worth 243.51 million USD in total or 18.2 percent of the country’s total investment.
The runner-ups were southern Dong Nai province and Ho Chi Minh City with a respective total newly-registered and additional capital of 183 million USD and 163.43 million USD.-VNA
Selecting high-quality foreign direct investment (FDI) projects is essential to economic growth, Minister of Planning and Investment Bui Quang Vinh has said.
Foreign investors from 11 countries and territories have poured 1.4 billion USD into 155 projects in the northern province of Ha Nam so far, heard a meeting in the locality on January 15.
In the first two weeks of 2016 the HCM City Export Processing Zone Authority (HEPZA) has licensed two FDI projects with a combined registered capital of over 30 million USD.
Northern Thai Nguyen province will give priority to FDI in supporting industries, a move to add more suppliers for the Samsung facility and other major consumer goods projects in the locality.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
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Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
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The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
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Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Mobile production in Samsung Electronics Vietnam's Thai Nguyen factory. (Photo: VNA)
