Vietnam attracted US$8.06 billion in foreign direct investment (FDI) in the first four months of 2018, equivalent to 76.1 percent of the figure in the same period last year, according to the National Statistics Office.
As of April 20, 2018, the country had 883 newly-licensed FDI projects, with total registered capital of 3.55 billion USD and 303 projects registering to increase their capital by 2.24 billion USD.
In the first four months of this year, foreign investors contributed capital and bought shares worth 2.26 billion USD, a year-on-year surge of 67 percent.
FDI projects in Vietnam disbursed 5.1 billion USD during the first four months, a year-on-year increase of 6.3 percent, said the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
The FIA said foreign investors have invested in 17 industries and fields during January and April. Of this, the manufacturing and processing sector attracted the largest amount of FDI, with total registered capital of 4.52 billion USD, accounting for 56.1 percent of the total investment.
The real estate sector ranked the second in terms of FDI attraction, with total investment capital of 807.5 million USD, accounting for 10 percent of the total. In the third place were the wholesale and retail sector, with total registered capital of 779 million USD, accounting for 9.7 percent of the total.
Up to 82 countries and territories invested in Vietnam in the first four months. The Republic of Korea topped the list, with an investment of 2.32 billion USD, accounting for 28.7 percent of the total investment.
Japan ranked second, with registered capital of approximately 1.29 billion USD, accounting for 16 percent of the total investment. Singapore stood at the third place, with a registered investment of 808 million USD, accounting for 10 percent of the total.
HCM City attracted the largest volume of FDI, with a total registered capital of 1.92 billion USD, accounting for 23.8 percent of the total investment.
The northern port city of Hai Phong ranked second, with registered capital of 1.03 billion USD, accounting for 12.8 percent of the total.
The Capital city of Hanoi ranked third, with registered capital of 746 million USD, accounting for 9.25 percent of the total.
In the first four months of this year, foreign investors contributed capital and bought shares worth 2.26 billion USD, a year-on-year surge of 67 percent.
Foreign investors pour US$8.06 billion to Vietnam in four months
|
The FIA said foreign investors have invested in 17 industries and fields during January and April. Of this, the manufacturing and processing sector attracted the largest amount of FDI, with total registered capital of 4.52 billion USD, accounting for 56.1 percent of the total investment.
The real estate sector ranked the second in terms of FDI attraction, with total investment capital of 807.5 million USD, accounting for 10 percent of the total. In the third place were the wholesale and retail sector, with total registered capital of 779 million USD, accounting for 9.7 percent of the total.
Up to 82 countries and territories invested in Vietnam in the first four months. The Republic of Korea topped the list, with an investment of 2.32 billion USD, accounting for 28.7 percent of the total investment.
Japan ranked second, with registered capital of approximately 1.29 billion USD, accounting for 16 percent of the total investment. Singapore stood at the third place, with a registered investment of 808 million USD, accounting for 10 percent of the total.
HCM City attracted the largest volume of FDI, with a total registered capital of 1.92 billion USD, accounting for 23.8 percent of the total investment.
The northern port city of Hai Phong ranked second, with registered capital of 1.03 billion USD, accounting for 12.8 percent of the total.
The Capital city of Hanoi ranked third, with registered capital of 746 million USD, accounting for 9.25 percent of the total.
Other News
- Better links with FDI firms to support Hanoi businesses
- Vietnam calls for more US investment in innovation, hi-tech
- Vietnamese leader urges Boeing to build production facility in Vietnam
- Foreign capital pouring into Vietnam's real estate market
- Vietnam news in brief - August 24
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
Trending
-
Vietnam contributes US$10 million to Mekong sub-region development fund
-
Vietnam news in brief - November 8
-
Hanoi to strengthen ties with Argentina's localities via cultural programs
-
From tradition to trend: How modern approaches spark cultural pride in Vietnam's Gen Z
-
Hanoi works to make bus system greener
-
Capital Law to make Hanoi major center for quality education
-
Expatriate workforce in Hanoi: Growth engine requring thorough administration
-
Hanoi seeks partnerships to build skilled workforce for digital transformation
-
Adorable baby hippo wows Hanoi visitors