Vietnam attracts US$8.06 billion in FDI in Jan-Apr
Vietnam attracted US$8.06 billion in foreign direct investment (FDI) in the first four months of 2018, equivalent to 76.1% of the figure in the same period last year, according to the National Statistics Office.
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As of April 20, 2018, the country had 883 newly-licensed FDI projects, with total registered capital of US$3.55 billion and 303 projects registering to increase their capital by US$2.24 billion.
In the first four months of this year, foreign investors contributed capital and bought shares worth US$2.26 billion, a year-on-year surge of 67%.
FDI projects in Vietnam disbursed US$5.1 billion during the first four months, a year-on-year increase of 6.3%, 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 US$4.52 billion, accounting for 56.1% of the total investment.
The real estate sector ranked the second in terms of FDI attraction, with total investment capital of US$807.5 million, accounting for 10% of the total. In the third place were the wholesale and retail sector, with total registered capital of US$779 million, accounting for 9.7% 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 US$2.32 billion, accounting for 28.7% of the total investment. Japan ranked second, with registered capital of approximately US$1.29 billion, accounting for 16% of the total investment. Singapore stood at the third place, with a registered investment of US$808 million, accounting for 10% of the total.
HCM City attracted the largest volume of FDI, with a total registered capital of US$1.92 billion, accounting for 23.8% of the total investment. The northern port city of Hai Phong ranked second, with registered capital of US$1.03 billion, accounting for 12.8% of the total. The capital city of Hanoi ranked third, with registered capital of US$746 million, accounting for 9.25% of the total.
