Brief on Vietnam FDI inflow in January 2015
Friday, 06/03/2015 09:30
Vietnam attracts more than US$663.4 million in foreign direct investment (FDI) in January 2015, a 67.1% year-on-year increase.
1. FDI inflow
Disbursed capital:
The disbursed capital of FDI projects in January is estimated at US$505 million, up 8.6 percent compared to last year January.
Import export:
In January, foreign invested enterprises export (including crude oil) US$8.49 billion, a 8.2% year-on-year increase, accounting for 66.8% of national export turn-over. Excluding crude oil, the amount is US$8.2 billion, a 0.9% year-on-year increase.
Foreign invested enterprises import US$7.8 billion, a 41.4% year-on-year increase, accounting for 57.8% of the national import value. In total, in January 2015, foreign invested enterprises have a trade surplus of US$ 690 million.
2. Investment certificates issuance
44 new projects were licensed during January, with registered capital of US$392.18 million, up 85.5% compared to last January; 19 underway projects were allowed to boost funding worth a total US$271.25 million, a 45.8% year-on-year increase.
In total, the aggregated amount of green field and expansion FDI in January 2015 is US$663.44 million, a 67.1% year-on-year increase.
Sector-wide investment:
Of the 11 areas that attract most FDI, the top areas include process engineering with 18 new projects and US$605.69 million of both new and expansion capital, accounting for 91.3% of the total registered capital in January; next are Wholesale, retail and reparing with US$30.79 million, and electricity and water production and distribution with US$10.44 million respectively.
Investment by country and territories:
Among 15 countries and territories investing in Vietnam in January, British VirginIslands leads with US$331.32 million, accounting for 49.9% of total FDI, followed by South Korea with US$110.25 million and 16.6%, Hongkong with US$105.5 million and 15.9% respectively.
Invesment by localities:
In January 2015, foreign investors invested in 13 provinces and cities of which Hochiminh city attracts the most with 20 new and 4 expanding projects and US$347.2 million, accounting for 52.3% of the nation’s total FDI, followed by Binh Duong with US$100 million and 15.1%, and Hai Phong with US$96.72 million and 14.6% respectively.
3. Major greenfield/expanding projects in January 2015:
- The Wolrdon Co. Ltd (Vietnam), total investment of US$300 million invested by British VirginIslands investor in Hochiminh city, in high-end textile production
- The Regina Miracle International Vietnam Co. Ltd in Hai Phong city increased the investment capital of US$90 million, invested by Hongkong investor, in production of female underwears.
- The Taekwang MTC Vietnam Co. Ltd in Dong Nai province, increased investment capital of US$43.2 million, invested by South Korea investor, in production and sale of sport shoes.