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Thursday, December 13 2018
Tiếng Việt
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Date 27/11/2018-10:59:00 AM
Brief on foreign direct investment of the first eleven months of 2018

I. Foreign investment in Vietnam

1. FDI attraction in the first eleven months of 2018

1.1 Performance

Realized capital:

In the first 11 months of 2018, foreign direct investment projects were estimated to disburse 16.5 billion USD, up 3.1% as compared to the same period in 2017.

Export and import:

Export: Export of foreign investment sector (including crude oil) was 160.3 billion USD, up 13.4% as compared to the same period in 2017 and accounting for nearly 71.7% of export turnover. Export excluding crude oil was 158.3 billion USD, up 14% as compared to the same period in 2017 and accounting for 70.7% of export turnover.

Import: Import of the FDI sector was 130.1 billion USD, up 12.3% as compared to the same period in 2017 and capturing 60% of import turnover. Generally, the trade surplus of the FDI sector was 30.1 billion USD including crude oil and 28.1 billion USD excluding crude oil.

1.2 Granting of investment certificate

As of November 20th, 2018, the whole country had 2,714 new projects granted investment certificate with total newly registered capital of 15.78 billion USD, equaling 79.7% as compared to the same period in 2017 and 954 times of projects registered to adjust capital with total additionally registered capital of 7.4 billion USD, equaling 92.6% as compared to the same period in 2017. Also in the first eleven months of 2018, the whole country had 5,882 times of capital contribution and share purchase by foreign investors with a total value of the capital contribution of 7.6 billion USD, up 44.4.% as compared to same period of 2017.

Generally in the first eleven months of 2018, total newly and additionally registered capital and capital contributed and shares purchased by foreign investors was 30.8 billion USD, equaling 93.2% as compared to the same period in 2017.

By investment field:

In the first eleven months of 2018, 18 fields were invested by foreign investors, in which, processing and manufacturing sector attracted much attention from foreign investors with the total capital of 14.2 billion USD, accounting for 46.2% of the total registered investment capital. Real estate business ranked second with total investment capital of 6.5 billion USD, accounting for 21.3% of total registered investment capital. Wholesale and retail field ranked third with total registered investment capital of 3.1 billion USD, capturing 10% of total registered investment capital...

By investors

In the first eleven months of 2018, there were 108 countries and territories having investment projects in Vietnam. Japan ranked first with total investment capital of nearly 8 billion USD, making up 25.9% of total investment capital; South Korea ranked second with total registered investment capital of 6.8 billion USD, accounting for 22.3% of total investment capital into Vietnam; Singapore ranked third with a total registered investment capital of 4.1 billion USD, capturing 13.4% of total investment capital…

By investment area

In the first eleven months of 2018, 59 provinces and cities were invested by foreign investors, in which Hanoi attracted the most of FDI with a total registered capital of 6.3 billion USD, capturing 20.4% of total investment capital. Ho Chi Minh City ranked second with a total registered capital of 5.6 billion USD, accounting for 18.1% of total investment capital. Hai Phong ranked third with a total registered capital of 2.49 billion USD, accounting for 8% of total investment capital…

Some large projects granted investment certificate in the first eleven months of 2018 are:

- Smart city projects in Hai Boi, licensed on July 14th, 2018 in Vinh Ngoc commune, Dong Anh district, Hanoi, with total investment capital of 4.138 billion USD, invested by Sumitomo Corporation (Japan), with the goal of building a smart city with synchronous technical infrastructure and social infrastructure…

- Polypropylene (PP) manufacturing plant and liquefied petroleum gas (LPG) warehouse project in Vietnam, licensed on May 30th, 2018 with a total registered investment capital of 1.201 billion USD, invested by South Korea’s Hyosung Corporation in Ba Ria – Vung Tau.

- Laguna (Vietnam) Company Limited project, licensed on March 7th, 2007, invested by Singaporean investors in Thua Thien - Hue, adjusted to increase investment capital by 1.12 billion USD on May 25th, 2018.

- LG Innotek Hai Phong factory project (invested by Korea), licensed on September 1st, 2016 with the objective of manufacturing camera module, adjusted to increase investment capital by 501 million USD in February 23th, 2018.

- LG Display Hai Phong project (invested by Korea), licensed on April 4th, 2016 in Hai Phong adjusted to increase investment capital by 500 million USD on September 8th, 2018.

2. FDI accumulation until November 2018

Accumulated to November 20th, 2018, the whole country has 27.065 valid projects with a total registered capital of 337.8 billion USD. The accumulated realized capital of foreign direct investment projects was estimated at 188.8 billion USD, equaling 55.8% of total valid registered capital.

- By investment field: The foreign investors have invested in 19 out of 21 branches in the national economic classification system, in which, processing and manufacturing sector accounted for the highest proportion with 193.6 billion USD, making up 57.3% of total investment capital, followed by real estate business with 57.9 billion USD (accounting for 17.1% of total investment capital), production and distribution of electricity, gas and water with 22.8 billion USD (making up 6.7% of total investment capital).

- By investors: There were 129 countries and territories having valid investment projects in Vietnam. Korea ranked first with a total registered capital of 62.2 billion USD (accounting for 18.4% of total investment capital). Japan ranked second with 56.4 billion USD (capturing 16.7% of total investment capital), followed successively by Singapore and Taiwan, British Virgin Islands, Hong Kong.

- By investment area: FDI has been present in all 63 provinces and cities of the country, in which Ho Chi Minh City continued to rank first in FDI attraction with 44.9 billion USD (making up 13.3% of the total investment capital), followed by Hanoi with nearly 33 billion USD (accounting for 9.7% of total investment capital), Binh Duong with 31.4 billion USD (capturing 9.2% of total investment capital).

3. Comment on FDI inflows to Vietnam in the coming time:

The tension of the current US-China policy may have the possibility to affect foreign investment in Vietnam in the coming time. The United States' imposition of tariffs with China could lead to an investment shift trend from China to more stable countries. With the advantages of geographic location and policy, Vietnam may be the priority when China shifts its investment. This is both an opportunity and a challenge for Vietnam because in line with the trend of investment shift mentioned above, Vietnam needs to have cautious counter-tactics in granting and controlling investment, ensures selective, avoids the exploiting of policies to tax evasion or leading to imposition of tariffs as happened in the steel industry, affecting not only Chinese enterprises investing in Vietnam but also the manufacturing, exporting enterprises of Vietnam.

II. Vietnam's investment abroad

In the first eleven months of 2018, the whole country had 125 projects newly granted certificates of investment registration abroad with a total investment capital of 303.5 million USD from Vietnam; there were 30 times of projects adjusted capital with a total additional investment capital of 54 million USD from Vietnam. Generally, in the first eleven months of 2018, the total newly and additionally registered investment capital abroad from Vietnam was 357.5 million USD.

In the first eleven months of 2018, banking and finance sector ranked first in Vietnam’s investment capital abroad with the total newly and additionally registered capital of 105.7 million USD, accounting for 29.5% of total investment capital, agriculture, forestry, fisheries ranked second with 68.4 million USD and accounting for 19.1% of total investment capital; processing and manufacturing industries ranked third with 50.9 million USD, accounting for 14.2% of total investment capital. The rest are projects belonging to other fields.

In the first eleven months of 2018, there were 35 countries and territories received investments from Vietnam, led by Lao with 97.6 million USD, accounting for 27.3% of total investment capital. Australia ranked second with 52.7 million USD, accounting for 14.7% of total investment capital. With a project with an investment capital of 35.9 million USD from Vietnam, Slovakia ranked third and capturing 10% of total investment capital, followed by Cambodia, Cuba, Myanmar./.


Attach Files:
FDI_11.2018.xls

Ministry of Planning and Investment

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