Vietnam's Foreign Investment Status in the 11 months of 2017 - Impressive Numbers

Vietnam's Foreign Investment Status in the 11 months of 2017 - Impressive Numbers

Over the past 11 months, total foreign investment in Vietnam has reached over US $ 33 billion, up 82.8% compared to the same period last year. Record continues to be established.

Data from the Foreign Investment Agency (Ministry of Planning and Investment), from the beginning of the year to 20/11/2017, the total registered capital of newly granted, increased, contributed and purchased shares is $ 33.09 billion, up 82.8% over the same period in 2016.

Of these, 2,293 projects were newly granted investment certificates, with a total registered capital of $19.8 billion, an increase of 52% over the same period of 2016; There are 1,100 projects registered to adjust investment capital with total registered capital increased approximately $ 8 billion, up 57.6% over the same period in 2016.

In addition, there are 4,535 joining capital, share purchase of foreign investors, with a total capital contribution of $ 5.29 billion, up 57.6% over the same period of 2016.

Along with the increased registered capital, foreign direct investment disbursement also achieved positive results. The figure after 11 months is $ 16 billion, up 11.9% over the same period in 2016.

Data from the Foreign Investment Agency showed that by the investment field, foreign investors invested in 19 industries. Of which the processing and manufacturing industry is attracting much attention from foreign investors with total capital of $ 14.95 billion, accounting for 45.2% of total registered capital.

Electricity production and distribution ranked second with total investment of $ 8.37 billion, accounting for 25.3% of total registered capital. The third was the real estate business with total registered capital of $ 2.5 billion, accounting for 7.6% of total registered capital.

In terms of investment partner, 112 countries and territories have investment projects in Vietnam, of which Japan ranks first with total investment capital of $ 8.94 billion, making up 27% of total investment capital. Korea ranks second with total registered capital of 8.18 billion USD, accounting for 24.7% of total investment. Singapore ranked third with a total registered capital of $ 4.69 billion, 14.2% of total investment.

According to the investment area, foreign investors have invested in 59 provinces and cities, of which Ho Chi Minh City is the locality attracting the most foreign investment capital with the total registered capital of $ 5.68 billion, accounting for 17.2% of total investment.

Bac Ninh ranked second with a total registered capital of 3.28 billion USD, 9.9% of total investment. Thanh Hoa ranked third with a total registered capital of 3.16 billion USD, 9.5% of total investment.

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