The Status of Foreign Direct Investment Attraction in 11 months of 2017 in Vietnam

The Status of Foreign Direct Investment Attraction in 11 months of 2017 in Vietnam

General overview in the first 11 months of 2017, the total newly registered, increased and distributed capital of foreign investors is US$ 33.09 billion, an increase of 53.4% compared to the same period of 2016.

I. The status of Accumulated Foreign Direct Investment to November 2017

Up to 20/11/2017, the country has 24,580 valid projects with a total registered capital of US$ 316.91 billion. Accumulated capital of foreign direct investment projects is estimated at US$ 170.85 billion, equivalent to 53.9% of the total valid registered capital.

Foreign investors have invested in 19/21 sectors in the national economic classification system, of which the processing and manufacturing sector has the highest proportion with US$ 185.2 billion, making up 58.4% of the total investment capital, followed by real estate businesses with US$ 52.7 billion (16.6% of total investment capital), and electricity production and distribution with US$ 20.8 billion (6.6% of total investment capital).

Up to November 2017, there are 126 countries and territories with valid investment projects in Vietnam, of which South Korea has the total registered capital of US$ 57.5 billion (18.1% total investment capital). Japan ranked second with US$ 49.1 billion (15.5% of total investment capital), followed by Singapore and Taiwan, British Virgin Islands, Hong Kong.

FDI has been present in all 63 provinces and cities in the whole country, of which Ho Chi Minh City is the leading FDI attraction with US$ 43.68 billion (13.8% of total investment capital), followed by Binh Duong with US$ 29.56 billion (9.3% of total investment capital), Hanoi with US$ 27.2 billion (8.6% of total investment capital) and Dong Nai with US$ 27 billion (8.5% of total investment capital).

 II. The Status of FDI Attraction in 11 months of 2017

1. Operation status:

Implemented capital:

Up to November 20, 2017 FDI projects have disbursed US$ 16 billion, up by 11.9% over the same period in 2016.

Import and export situation:

Exports of foreign invested sector (including crude oil) in 11 months of 2017 reached US$ 140.65 billion, up by 22.8% compared to the same period of 2016 and accounted for 72.6% of export turnover. Exports excluding crude oil in 11 months of 2017 reached US$ 138.04 billion, up by 22.8% over the same period of 2016 and accounted for 71.2% of export turnover.

Imports of foreign invested sector in 11 months of 2017 reached US$ 114.5 billion, up by 23.2% over the same period in 2016 and accounted for nearly 60% of import turnover. General overview in 11 months of 2017, the export surplus of foreign investment sector is US$ 26.15 billion, including crude oil and import surplus is US$ 23.54 billion excluding crude oil.

2. Status of Investment Certificate:

Up to 20 November 2017, the whole country has 2,293 newly licensed projects with a total registered capital of US$ 19.8 billion, an increase of 52% over the same period of 2016. There are 1,100 projects registering to adjust investment capital with total registered capital of increasing approximately US$ 8 billion, up 57.6% over the same period of 2016. There are 4,535 times of capital contribution, share purchase of foreign investors with total contribution value of US$ 5.29 billion, up 52.6% over the same period of 2016.

In the 11 months of 2017, the total registered capital of foreign investors is 33.09 billion USD, increasing by 53.4% over the same period of 2016.

As for Investment field:

In 11 months of 2017, foreign investors invested in 19 sectors, of which the processing and manufacturing sector attracted a lot of attention from foreign investors with a total capital of US$ 14.95 billion, about 45.2% of the total registered capital in the 11 months of 2017. Power production and distribution sector ranked second with total invested capital of US$ 8.37 billion, equivalent to 25.3% of total registered capital. The third position is real estate business with total registered capital was US$ 2.5 billion, accounting for 7.6% of total registered capital.

As for investment partners:

In 11 months of 2017, 112 countries and territories have investment projects in Vietnam. Japan ranked first with a total investment capital of US$ 8.94 billion, equivalent to 27%; South Korea ranked second with total registered capital of US$ 8.18 billion, accounting for 24.7% of total investment capital in Vietnam; Singapore ranked third with a total registered investment of US$ 4.69 billion, accounting for 14.2% of total investment capital.

As for  investment area:

In 11 months of 2017, foreign investors have invested in 59 provinces and cities, of which Ho Chi Minh City is the most attracted foreign investment capital with total registered capital of US$ 5.68 billion, equivalent to 17, 2% of total investment capital. Bac Ninh ranked second with a total registered capital of US$ 3.28 billion, accounting for 9.9% of total investment capital. Thanh Hoa ranked third with a total registered capital of US$ 3.16 billion, accounting for 9.5% of total investment capital.

A number of major projects licensed in the 11 months of 2017 are:

- Investment project on construction of Nghi Son 2 BOT thermal power plant with total investment capital of USD 2.79 billion invested by Japanese investors in Thanh Hoa with the aim of designing, constructing, operating and transferring a coal-fired power plant with a capacity of 1,200 MW.

- The BOT Van Phong 1 Thermal Power Plant project, total registered capital of US$ 2.58 billion invested by Japanese investors in Khanh Hoa with the the aim of designing, constructing, operating and transferring coal-fired thermal power plant with a capacity of 1,320MW.

- SamSung Display Vietnam will increase its investment capital by US$ 2.5 billion

dautunuocngoai.gov.vn

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