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Vietnam attracts 39,140 FDI projects worth $469 bn in 2023

16 Jan '24
1 min read
Vietnam attracts 39,140 FDI projects worth $469 bn in 2023

Insights

  • Vietnam attracted 39,140 foreign direct investment (FDI) projects with a total registered capital of over $468.91 billion last year.
  • Ho Chi Minh City attracted the most FDI with 12,398 projects worth $57.63 billion, accounting for 31.67 per cent of the total number of such projects.
  • It was followed by Hanoi with 7,363 projects worth $41.17 billion.
Vietnam attracted 39,140 foreign direct investment (FDI) projects with a total registered capital of over $468.91 billion in 2023, the Foreign Investment Agency reported.

Ho Chi Minh City attracted the most FDI with 12,398 projects and a registered capital of $57.63 billion, accounting for 31.67 per cent of the total number of such projects and close to 13 per cent of the total registered capital.

Hanoi followed next with 7,363 projects and a registered capital of $41.17 billion. Southern Binh Duong province was the third with 4,217 projects and a registered capital of $40.4 billion.

Other destinations included Dong Nai, Ba Ria-Vung Tau, Hai Phong, Bac Ninh, Thanh Hoa, Long An and Quang Ninh.

Ten localities that attracted the lowest FDI were Lai Chau, Dien Bien, Ha Giang, Cao Bang, Bac Kan, Gia Lai, Son La, Ca Mau, Tuyen Quang and Dong Thap.

ALCHEMPro News Desk (DS)

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