FDI attraction in the first 10 months of 2022

According to Foreign Investment Department, as of October 20, 2022, Vietnam licensed 1,570 new foreign direct investment (FDI) projects with a total registered capital of nearly 9.93 billion dollars, up 14.2 in quantity but down 23.7 percent in capital year on year. Meanwhile, adjusted capital and contributed capital to buy shares of foreign investors continued to increase. There were 880 projects registering to adjust their investment capital (a year-on-year increase of 13.4%) with total additional registered capital reaching over 8.74 billion USD (a year-on-year increase of 23.3%). Besides, there were 2,997 capital contributions and share purchases by foreign investors (a year-on-year decrease of 2.2%), with the total value of contributed capital reaching 3.79 billion USD (a year-on-year increase 4.5%).

Regarding investment sectors, foreign investors had invested in 18 sectors out of 21 national economic sectors; of which, the processing and manufacturing industry continued to lead with a total investment capital of more than 12.9 billion USD, accounting for 57.5% of total registered investment capital.

Regarding investment locations, the foreign investors had invested in 54 provinces and cities nationwide in the first ten months of 2022. Ho Chi Minh led the way with 3.42 billion USD registered, making up 15.2% of the total and rising 25.3% over the same period in 2021. Binh Duong ranked second with a total investment capital of 2.85 billion USD, accounting for 12,7% and up 40% over the same period. Quang Ninh ranked third with a total registered investment capital of 2.19 billion USD, accounting for 9.7% and up by 89% times over the same period in 2021.
Vietnam maps showing administrative units, sources of critical raw materials and industrial zones locations.