Vietnam Receives 166 First FDI Projects in 2018
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 a decrease of 64.4% of registered capital over the same period of 2017.
Investment in Vietnam - Foreign direct investment in January 2018 was estimated at $ 1,050 million, up 10.5% against 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 of 2017. Of which, 212 capital contributions, share purchase increase charter capital of the enterprise worth $ 199.1 million and 203 foreign investors buy back domestic shares of $ 156.9 million without raising charter capital.
FDI of new projects in the month mainly focused on processing and manufacturing industry with registered capital of $ 330.6 million, accounting for 74.7% of total newly registered capital.
Followed by the production of electricity, gas, hot water, steam and air conditioning is $ 60 million, accounting for 13.5%; the remaining sectors reached $ 52 million at 11.8%.
In the whole country, there are 24 provinces and cities directly under the Central Government which have new foreign direct investment projects licensed in January 2018, of which Ho Chi Minh City has the largest registered capital of $ 86.2 million, accounting for 19.5% of total newly registered capital. Nam Dinh attracted $ 80.2 million, 18.1%; Ninh Thuan of $ 60 million, accounting for 13.6%; Binh Duong of $ 36.7 million, accounting for 8.3%; Long An of $ 35.2 million, accounting for 7.9%; Bac Giang of $ 27.3 million, accounting for 6.2%; Hanoi of $ 25.7 million, accounting for 5.8%.
Of the 23 countries and territories that have new investment projects licensed in Vietnam in January this year, Singapore is the largest investor with US $ 147.7 million, accounting for 33.4% of total newly registered capital.
South Korea is 70.4 million, accounting for 15.9%; Norway of $ 70.1 million, accounting for 15.8%; The British Isles of Vigin of $ 51.4 million, 11.6%; China of $ 20.1 million, at 4.5%; Indonesia of $ 20 million at 4.5%; Hong Kong (China) of $ 16.5 million at 3.7%.
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