Vietnam attracted a total of 30.8 billion USD worth of registered foreign direct investment (FDI) as of November 20, a slight decrease of 6.8 percent year-on-year (Infographic: VNA) Hanoi (VNA) – Vietnam attracted a total of 30.8 billion USD worth ofregistered foreign direct investment (FDI) as of November 20, a slight decreaseof 6.8 percent year-on-year.
According to the Foreign Investment Agency under the Ministry of Planning andInvestment, some 2,714 new FDI projects were granted investment licences withtotal registered capital of 15.78 billion USD in the period, while more than1,050 existing projects adjusted their investment capital with a totaladditional sum of 7.4 billion USD, equivalent to 79.7 percent and 92.6 percentof the total in same period last year, respectively.
Notably, foreign capital poured into buying stakes in Vietnam rose by 44.4 percentto 7.6 billion USD in total.
The National Financial Supervisory Committee said the foreign capital inflowthrough mergers and acquisitions (M&A) was becoming more common in Vietnam becausethe time taken to complete investment procedures is being cut.
Foreign investors poured most into the manufacturing and processing sector outof 18 industries which saw foreign investment in the period, with a total sumof 14.2 billion USD, or 46.2 percent of the registered capital, followed byreal estate with 6.5 billion USD and then the wholesale and retail industrywith 3.1 billion USD.
Among 108 countries and territories investing in Vietnam, statistics showedthat Japan was the largest foreign investor in the 11-month period, pouring innearly 8 billion USD, followed by the Republic of Korea with 6.8 billion USDand Singapore with 4.1 billion USD.
Hanoi was the top destination for FDI flow which attracted 6.3 billion USD inregistered capital. HCM City ranked second with registered capital of 5.6billion USD, then Hai Phong with 2.49 billion USD in registered capital.
Despite the fall in registered FDI in the period, the disbursement posted ayear-on-year increase of 3.1 percent to 16.5 billion USD.
So far, there were more than 27,000 existing FDI projects in Vietnam with atotal registered capital of 337.8 billion USD, more than 188 billion USD ofwhich was disbursed.
The Republic of Korea was the largest investor in Vietnam with total registeredcapital of 62.2 billion USD so far and Japan came second with total registeredcapital of 56.4 billion USD.
After about three decades of attracting FDI, Vietnam was now more selective,targeting to attract quality capital flow into technology-rich andenvironmentally-friendly industries and boost the development of localcompanies through setting up value chains.-VNA
According to the Foreign Investment Agency under the Ministry of Planning andInvestment, some 2,714 new FDI projects were granted investment licences withtotal registered capital of 15.78 billion USD in the period, while more than1,050 existing projects adjusted their investment capital with a totaladditional sum of 7.4 billion USD, equivalent to 79.7 percent and 92.6 percentof the total in same period last year, respectively.
Notably, foreign capital poured into buying stakes in Vietnam rose by 44.4 percentto 7.6 billion USD in total.
The National Financial Supervisory Committee said the foreign capital inflowthrough mergers and acquisitions (M&A) was becoming more common in Vietnam becausethe time taken to complete investment procedures is being cut.
Foreign investors poured most into the manufacturing and processing sector outof 18 industries which saw foreign investment in the period, with a total sumof 14.2 billion USD, or 46.2 percent of the registered capital, followed byreal estate with 6.5 billion USD and then the wholesale and retail industrywith 3.1 billion USD.
Among 108 countries and territories investing in Vietnam, statistics showedthat Japan was the largest foreign investor in the 11-month period, pouring innearly 8 billion USD, followed by the Republic of Korea with 6.8 billion USDand Singapore with 4.1 billion USD.
Hanoi was the top destination for FDI flow which attracted 6.3 billion USD inregistered capital. HCM City ranked second with registered capital of 5.6billion USD, then Hai Phong with 2.49 billion USD in registered capital.
Despite the fall in registered FDI in the period, the disbursement posted ayear-on-year increase of 3.1 percent to 16.5 billion USD.
So far, there were more than 27,000 existing FDI projects in Vietnam with atotal registered capital of 337.8 billion USD, more than 188 billion USD ofwhich was disbursed.
The Republic of Korea was the largest investor in Vietnam with total registeredcapital of 62.2 billion USD so far and Japan came second with total registeredcapital of 56.4 billion USD.
After about three decades of attracting FDI, Vietnam was now more selective,targeting to attract quality capital flow into technology-rich andenvironmentally-friendly industries and boost the development of localcompanies through setting up value chains.-VNA
VNA
