Expectations to Attract Foreign Investment

Expectations to Attract Foreign Investment

Not as expected, the situation of foreign investment attraction continues to have impressive numbers. Many people expect that in 2018 Vietnam is still an attractive stop for foreign investors.

Investment in Vietnam - Foreign direct investment from the beginning of the year to January 20, 2018 attracted 166 newly licensed projects with a registered capital of $ 442.6 million, a decrease of 5.1% in number of projects and 64,4% of registered capital over the same period of 2017.

In addition, 61 projects licensed from the previous years registered to adjust capital investment with additional capital of 456.8 million, up 155% over the same period last year. Thus, total newly registered additional capital reached $ 899.4 million, down 36.8% over the same period in 2017.

In the same period of January 2018, foreign direct investment (FDI) was estimated at $ 1,050 million, up 10.5% from January 2017.

There were 415 capital contributions and share purchase of foreign investors with a total capital contribution of $ 356 million, up 54.7% over the same period in 2017. Of which, 212 capital contributions, purchased shares to raise the charter capital of the enterprise with the contributed capital of $ 199.1 million and 203 foreign investors to buy back domestic shares without increasing the capital with a value of $ 156.9 million.

Foreign direct investment of new projects in the month mainly focused on processing ansd manufacturing industry with registered capital of $ 330.6 million, accounting for 74.7% of total registered capital. China and Thailand  are Vietnam's main competitors in attracting FDI. However, in comparison with labor and labor prices, investors are still in favor of Viet Nam.

Experts said that it is prudent to attract foreign direct investment. Prior to receiving a foreign investment project, ministries must have a thorough appraisal of the environmental and technological issues.


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