I. Foreign investment in Vietnam
1. FDI accumulation until July 2018
Accumulated to July 20th, 2018, the whole country has 26,214 valid projects with a total registered capital of 333.03 billion USD. The accumulated realized capital of foreign direct investment projects was estimated at 182.22 billion USD, equaling 54.7% of total valid registered capital.
- By investment field: The foreign investors have invested in 19 out of 21 branches in the national economic classification system, in which, processing and manufacturing accounted for the highest proportion with 189.77 billion USD, making up 57% of total investment capital, followed by real estate business with 56.33 billion USD (accounting for 16.9% of total investment capital), production and distribution of electricity, water and gas with 22.7 billion USD (making up 6.8% of total investment capital).
- By investors: There were 129 countries and territories having valid investment projects in Vietnam. Korea ranked first with a total registered capital of 61.51 billion USD (accounting for 18.5% of total investment capital). Japan ranked second with 55.86 billion USD (capturing 16.8% of total investment capital), followed successively by Singapore and Taiwan, British Virgin Islands, Hong Kong.
- By investment area: FDI has been present in all 63 provinces and cities of the country, in which Ho Chi Minh City continued to rank first in FDI attraction with 45.3 billion USD (making up 13.6% of the total investment capital), followed by Hanoi with 33.19 billion USD (accounting for 10% of total investment capital), Binh Duong with 30.56 billion USD (capturing 9.2% of total investment capital).
2. FDI attraction in the first seven months of 2018
2.1 Performance
Realized capital:
As of July 20th, 2018, foreign direct investment projects were estimated to disburse 9.85 billion USD, up 8.8% as compared to the same period in 2017.
Export and import:
Export: Export of foreign investment sector (including crude oil) was 95.13 billion USD, up 14.6% as compared to the same period in 2017 and accounting for 71.2% of export turnover. Export excluding crude oil was 93.36 billion USD, up 14.9% as compared to the same period in 2017 and accounting for 69.8% of total export turnover.
Import: Import of the FDI sector was 76.46 billion USD, up 8.5% as compared to the same period in 2017 and capturing nearly 58.5% of import turnover. Generally, the trade surplus of the FDI sector was 18.67 billion USD including crude oil and 16.9 billion USD excluding crude oil.
2.2 Granting of investment certificate
As of July 20th, 2018, the whole country had 1,656 new projects granted investment certificate with total newly registered capital of 13.2 billion USD, up 2.2% as compared to the same period last year and 627 times of projects registered to adjust capital with total additionally registered capital of 4.95 billion USD, equaling 84.2% as compared to the same period in 2017. Also in the first seven months of 2018, the whole country had 3,331 times of capital contribution and share purchase by foreign investors with a total value of the capital contribution of nearly 4.79 billion USD, up 53.3% as compared to same period of 2017.
Generally in the first seven months of 2018, total newly and additionally registered capital and capital contributed and shares purchased by foreign investors was 22.94 billion USD, up 4.6% as compared to the same period of 2017.
By investment field:
In the first seven months of 2018, 17 fields were invested by foreign investors, in which, processing and manufacturing industry attracted much attention from foreign investors with the total capital of 9.36 billion USD, accounting for 41.95% of the total registered investment capital. Real estate business ranked second with total investment capital of 5.6 billion USD, accounting for 24.4% of total registered investment capital. Wholesale and retail field ranked third with total registered investment capital of 1.69 billion USD, capturing 7.4% of total registered investment capital...
By investors
In the first seven months of 2018, there were 96 countries and territories having investment projects in Vietnam. Japan ranked first with total investment capital of 6.88 billion USD, making up 30% of total investment capital; South Korea ranked second with total registered investment capital of 5.46 billion USD, accounting for 23.8% of total investment capital into Vietnam; Singapore ranked third with a total registered investment capital of 2.73 billion USD, capturing 11.9% of total investment capital…
By investment area
In the first seven months of 2018, 59 provinces and cities were invested by foreign investors, in which Hanoi attracted the most of FDI with a total registered capital of 6.17 billion USD, capturing 26.9% of total investment capital. Ho Chi Minh City ranked second with a total registered capital of 4.12 billion USD, accounting for 17.9% of total investment capital. Ba Ria – Vung Tau ranked third with a total registered capital of 2.15 billion USD, accounting for 9.4% of total investment capital…
Some large projects granted investment certificate in the first seven months of 2018 are:
- Smart city projects in Hai Boi, Vinh Ngoc commune, Dong Anh district, Hanoi, with total investment capital of 4.138 billion USD, invested by Sumitomo Corporation (Japan), with the goal of building a smart city with synchronous technical infrastructure and social infrastructure…
- Polypropylene (PP) manufacturing plant and liquefied petroleum gas (LPG) warehouse project in Vietnam, licensed on May 30th, 2018 with a total registered investment capital of 1.201 billion USD, invested by South Korea’s Hyosung Corporation in Ba Ria – Vung Tau.
- Laguna (Vietnam) Company Limited project, licensed on March 7th, 2007, invested by Singaporean investors in Thua Thien - Hue, adjusted to increase investment capital by 1.12 billion USD on May 25th, 2018.
- Hanoi Lotte Mall project, with a total registered investment capital of 600 million USD, invested by Korean investors in Hanoi, with the goal of building an international standard high-end complex including shopping center, hotel, office, tourist apartment for short-term accommodation.
- LG Innotek Hai Phong factory project (invested by Korea), licensed on September 1st, 2016 with the objective of manufacturing camera module, adjusted to increase investment capital by 501 million USD in February 23th, 2018.
II. Vietnam's investment abroad
In the first seven months of 2018, the whole country had 81 projects newly granted certificates of investment registration abroad with a total investment capital of 238.33 million USD from Vietnam; there were 21 times of projects adjusted capital with a total additional investment capital of 41.3 million USD from Vietnam. Generally, in the first seven months of 2018, the total newly and additionally registered investment capital abroad from Vietnam was 279.63 million USD.
In the first seven of 2018, banking and finance sector ranked first in Vietnam’s investment capital abroad with the total newly and additionally registered capital of 105.77 million USD, accounting for 37.8% of total investment capital, agriculture, forestry, fisheries ranked second with 63.84 million USD and accounting for 22.8 % of total investment capital; processing and manufacturing industries ranked third with 45.47 million USD, accounting for 16.3% of total investment capital. The rest are projects belong to others fields.
In the first seven months of 2018, there were 32 countries, territories received investments from Vietnam, led by Lao with 84 million USD, accounting for 30% of total investment capital. Australia ranked second with 37.1 million USD, accounting for 13.3% of total investment capital. With a project with an investment capital of 35.93 million USD from Vietnam, Slovakia ranked third and capturing 12.9% of total investment capital, followed by Cambodia, Cuba, Myanmar./.