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Friday, October 30 2020
Tiếng Việt
a A
Date 25/02/2020-09:12:00 AM
Report on foreign direct investment in the first 2 months of 2020

As of February 20, 2020, the total newly registered and adjusted capital and capital contribution or share purchase by foreign investors reached nearly 6.47 billion USD, equivalent to 76.4% compared to the same period last year. Capital generated by FDI projects was estimated at 2.45 billion USD, or 95% over the same period last year.

As of February 20, 2020, there were 31,345 valid projects in total with registered capital value of 369.4 billion USD.The accumulated realized capital of FDI projects was estimated at 214.23 billion USD, equaling 58% of the total valid registered investment.

I. FDI INFLOWS

1. FDI attraction in thefirst 2 monthsof 2020

1.1.FDI Performance

Realized capital

As of February 20, 2020, foreign direct investment projects were estimated to disburse 2.45 billion USD, or 95% compared to the same period last year.

Import and export performance

Export: Export of the FDI sector (including crude oil) was 25.51 billion USD, up 0.9% over the same period and accounted for 69.1% of export turnover.Export excluding crude oil was 25.06 billion USD, a year-on-year increase of 0.5% and accounting for 67.9% of export turnover.This is also the lowest increase in the last 5 years.

Import: Import of FDI sector was 21.75 billion USD, up 2.2% over the same period and accounting for 58.6% of import turnover.In the first 2 months of 2020, import-export turnover in the FDI sector experienced a slight rise over the same period, showing a trade surplus of 3.76 billion USD including crude oil and a surplus of 3.31 billion USD excluding crude oil.Meanwhile, the domestic economic sector still saw a trade deficit of 3.6 billion USD.

1.2.Investment registration

As of February 20, 2020, the total newly registered and extended investment and capital contribution or share purchase by foreign investors reached 6.47 billion USD, or 76.4% over the same period last year. In which:

New registered capital: As of February 20, 2020, there were only 500 new projects granted with the investment registration certificate.The total newly registered capital reached US $ 5 billion, more than doubling the amount of the same period last year. The newly registered capital increased sharply due to the project of Bac Lieu Liquefied Natural Gas (LNG) Plant which was granted a new investment certificate with the total investment of US $ 4 billion in the first two months of 2020.

Adjusted capital:In the first 2 months of 2020, there were 151 projects registered to expand investment capital with the total additional registered capital of 638.1 million USD, equaling 74.6% compared to the same period last year.

Capital contribution or share purchase:Also in the first 2 months of 2020, the whole country had 1,583 turns of capital contribution and share purchase by foreign investors with a total value of capital contribution of 827.3 million USD, up 52.4% in the number of turns of capital contribution or share purchase and equal to 16% of the value of capital contribution compared to the same period last year. Although the number of capital contributions and share purchases has increased, the scale of capital contribution is small, only 0.52 million USD per capital contribution on average (much smaller thanthe average size of US $ 5 million per capital contribution in the first two months of 2019). In the first 2 months of 2019, there was a case of capital contribution or share purchase of Beerco Limited (Hong Kong) in Vietnam Beverage Co., Ltd with the capital contribution of US $ 3.85 billion).

If excluding big projects of more than a billionUSD (the new 4-million-USD investment project in Bac Lieu in 2020 and case of capital contribution or share purchase of Beerco into Beverage in 2019), the total newly registered and adjusted capital and capital contribution or share purchase by foreign investors in the first 2 months of 2020 amounted to 53.4% of the same period last year. The number of newly registered and expanded projects decreased to 97.3% and 85.8% over the same period last year correspondingly).In addition to factors affected by the Tet holiday, the acute respiratory infection caused by the complicated Covid-19 virus is also a complex cause that impacts the foreign investors’ travelling as well as their decisions to make new investment and expand existing projects.

By sector

In the first 2 months of 2020, foreign investors invested in 18 sectors, of which electricity production and distribution led the list with the investment capital of 3.89 billion USD, accounting for 60.2% of the total registered investment. The manufacturing and processing ranked second with investment capital of 1.76 billion USD, accounting for 27.3% of total registered investment.This is also the sector making the largest proportion in the number of newly licensed projects and capital adjustment.Next are the retail and professional activities with the total registered capital of nearly 195 million USD and 180 million USD correspondingly.

By partner

In the first 2 months of 2020, there were 73 countries and territories investing in Vietnam.Singapore ranked first with investment of 4.12 billion USD, accounting for 63.7% of total investment capital into Vietnam;China ranked second with investment of 720.4 million USD, accounting for 11.1% of total investment capital(including 300 million USD invested in new projects and 1 expanded project worth 138 million USD; these two cases account for 60.8% of China's total investment in the first 2 months of 2020).South Korea ranked third with registered investment capital of almost 425.4 million USD, accounting for 6.6% of total investment capital.Next were Hong Kong, Taiwan, Japan.

By location

Foreign investors have invested in 48 provinces and cities across the country.Bac Lieu leads the list with a large project worth 4 billion USD, amounting to 61.8% of total registered investment capital.Tay Ninh ranked second with registered capital of 488.3 million USD, accounting for 7.5% of total investment capital.Ho Chi Minh City ranked third with 480.6 million USD, or 7.4% of total investment capital.In which, investment in the form of capital contribution and share purchase makes up a large proportion, accounting for 70% of the total registered investment capital of the City and 40.7% of the total number of capital contribution and share purchase of the whole country.Next are Hanoi, Dong Nai and Binh Duong, etc.

Several major projects in thefirst 2 monthsof 2020

- Liquefied Natural Gas (LNG) Plant Project under the operation of Bac Lieu LNG Thermal Power Center (Singapore) having total registered investment capital of US $ 4 billion with the goal of producing electricity from liquefied natural gas.

- Radian Jinyu Tire Manufacturing Plant Project (Vietnam) with a total investment of US $ 300 million aimed at producing full steel TBR tires invested by Chinese investors in Tay Ninh.

- Radian tire production project (China) in Tay Ninh with investment capital increased by 138 million USD.

- Sews - components factory project Vietnam (Japan) with the goal of producing electrical and electronic components for automobiles and motorcycles and plastic products in Hung Yen having investment capital increased by 75.2 million USD.

- The project of manufacturing electronic components, peripheral devices and optical devices (Taiwan) in Hai Phong is expanded with investment increase of 68 million USD.

2. FDI accumulation as of February2020

As of February 20, 2020, there were 31,344 valid projects in total with the registered capital of 369.28 billion USD.The accumulated realized capital of FDI projects was estimated at 213.38 billion USD, equaling 57.8% of the total valid registered capital.

- By sector: Foreign investors have invested in 19/21 sectors in the national economic classification system, of which the processing and manufacturing sector occupies the highest proportion of 216.1 billion USD, accounting for 58.5% of total investment capital, followed by real estate business worth 58.6 billion USD or 15.9% of total investment capital;electricity production and distribution worth 27.7 billion USD or 7.5% of total investment capital.

- By partner: In February 2020, Guinea - a country in West Africa has a new investment project in Vietnam, bringing the total number of countries and territories having valid investment projects in Vietnam to 136. South Korea ranked first with registered capital of 68.4 billion USD (accounting for 18.5% of total investment capital).Japan ranked second with 59.6 billion USD (capturing 16.1% of total investment capital), followed by Singapore, Taiwan and Hong Kong.

- By location: Foreign investment has been present in all 63 provinces and cities nationwide, of which Ho Chi Minh City is still the leading locality in attracting foreign investment with 47.5 billion USD (accounting for 12.9% total investment);followed by Hanoi with 34.57 billion USD (accounting for 9.4% of total investment capital);Binh Duong with 34.51 billion USD (capturing 9.3% of total investment capital).

II.FDI OUTFLOWS

In the first two months of 2020, Vietnam’s total newly registered and expanded investment outflows were 30.3 million USD.Of which, 20 projects were newly registered with of 21.4 million USD invested by the Vietnam side and 02 turns of projects adjusting investment to the value of 8.9 million USD.

Vietnamese investors have invested in 9 sectors abroad.In which accommodation and catering services leads the list with a large project worth 14.6 million USD, accounting for 48.2% of the total investment.The processing and manufacturing ranked second with investment capital of 8.9 million USD, accounting for 294%;followed by the wholesale and retail sector;other services, warehousing, etc.

There are 12 countries and territories receiving investment from Vietnam in the first 2 months of 2020. Leading the list was the United States with 7 projects worth 19.8 million USD, accounting for 65.2% of total investment.Cambodia ranked second with 8.9 million USD, accounting for 29.4%.Next were Hong Kong, United Kingdom, Myanmar, etc.


Attach Files:
FDI_02.2020_(ENG).xls

Ministry of Planning and Investment

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