Over 4 Months, 8 Billion USD FDI Capital Poured into Vietnam

According to the Foreign Investment Department – Ministry of Planning and Investment, in the first 4 months of 2018, total registered foreign investment capital in Vietnam reached 8.06 billion USD, equaling 76.1% over the same period in 2017. It shows that Vietnam still an attractive destination for foreign investors to invest in Vietnam.

Overview of FDI in 4 months showed that 883 new projects were granted investment certificates, with a total registered capital of 3.55 billion USD, equaling 76.1% over the same period in 2017. Besides, 303 projects registered to adjust investment capital, with total registered capital increase of 2.24 billion USD, equaling 51.5% over the same period in 2017.

In addition, in the first 4 months of 2018, the country has 1,863 capital contribution turns, purchasing shares of foreign investors, with a total capital contribution of 2.26 billion USD, increase by 67% over the same period in 2017. Among this, there are 1,087 turns of capital contribution and purchase shares to increase the chartered capital of the company, with the capital contribution value of 1.56 billion USD and 776 turns of capital contribution to purchase share of foreign investors, in which foreign investors purchase domestic capital without increasing chartered capital, with a total capital contribution value of 703.5 million USD.

According to the Foreign Investment Department, while new registered FDI capital is still declining, the disbursed FDI capital continued to be positive. Up to April 20th 2018, it is estimated that FDI projects have disbursed 5.1 billion USD, increase by 6.3% over the same period in 2017.

Also, according to the Foreign Investment Department, since the beginning of 2018, foreign investors have invested in 17 sectors and industries. In particular, the manufacturing and processing sector attracted the most attention of foreign investors, with a total registered capital of 4.52 billion USD, accounting for 56.1% of total registered investment capital.

The real estate business ranks second, with total investment capital of 807.5 million USD, accounting for 10% of total registered capital. The third is wholesale and retail sector, with a total registered capital of 779 million USD, accounting for 9.7% of the total registered capital.

In terms of investment partners, 82 countries and territories have investment projects in Vietnam in the past 4 months. In which, Korea ranks first, with a total investment of 2.32 billion USD, accounting for 28.7% of total investment capital. Japan ranks second with total registered capital of approximately 1.29 billion USD, accounting for 16% of total investment capital. Singapore ranks third with a total registered investment of 808 million USD, accounting for 10% of total investment capital.

Regarding provinces, Ho Chi Minh City is attracting the most foreign investment, with a total registered capital of 1.92 billion USD, accounting for 23.8% of total investment capital. Hai Phong ranks second with a total registered capital of 1.03 billion USD, accounting for 12.8% of total investment capital. Hanoi ranks third with a total registered capital of 746 million USD, accounting for 9.25% of total investment capital.