I. Foreign investment in Vietnam
1. FDI attraction in the first 6 months of 2019
1.1 Performance
Realized capital:
In the first 6 months of 2019, foreign direct investment projects were estimated to disburse 9.1 billion USD, up nearly 8% as compared to the same period in 2018.
Export and import:
Export:Export of the FDI sector (including crude oil) was 85.9 billion USD, up 5.9% over the same period in 2018 and accounting for 70% of export turnover. Export excluding crude oil was 84.87 billion USD, up 6% as compared to the same period in 2018 and accounting for 69.1% of export turnover. In the first 6 months of 2019, the export of the FDI sector increased in value but decreased in growth rate as compared to the same period in 2018 (in the first 6 months of 2018, exports including crude oil increased 14.8%; export excluding crude oil increased 15.8%.
Import:Import of the FDI sector was 70.22 billion USD, up 7.8% as compared to the same period in 2018 and capturing 57.2% of import turnover.
Generally, in the first 6 months of 2019, the trade surplus of the FDI sector was 15.68 billion USD including crude oil and 12.73 billion USD excluding crude oil. Meanwhile, the trade deficit of the domestic economic sector was 15.7 billion USD. The trade surplus of the foreign investment sector cannot offset the trade deficit of the domestic economic sector. Therefore, the whole country saw a trade deficit of 33.5 million USD in the first 6 months of 2019.
1.2 Granting of investment certificate
As of June 20th, 2019, the total newly and additionally registered capital and capital contributed and shares purchased by foreign investors was 18.47 billion USD, equalling 90.8% as compared to the same period in 2018. In which:
Newly granted: As of June 20th, 2019, the whole country had 1.723 new projects granted investment certificate with a total newly registered capital of 7.41 billion USD, equalling 62.8% as compared to the same period in 2018. Newly registered investment capital decreased because in June 2018, there were many large projects granted new investment registration certificates (Smart city projects in Hai Boi, Dong Anh district, Hanoi, with total investment capital of 4.14 billion USD, invested by Japan, Polypropylene manufacturing plant and liquefied petroleum gas warehouse project in Vietnam, with a total registered investment capital of 1.2 billion USD, invested by South Korea in Ba Ria – Vung Tau).
Capital adjustment: There were 628 times of projects registered to adjust capital with total additionally registered capital of 2.94 billion USD, equalling 66.2% as compared to the same period in 2018. The adjustment capital decreased due to the adjustment to increase capital by 1.12 billion USD of Laguna Company Limited project, invested by Singapore.
Capital contribution and share purchase: Also in the first 6 months of 2019, the whole country had 4.020 times of capital contribution and share purchase by foreign investors with a total value of the capital contribution of 8.12 billion USD, increased 98.1% as compared to the same period in 2018 and capturing nearly 44% of the total registered capital. Excluding the capital contribution of 3.85 billion USD of Hong Kong investors, the total value of contributed capital still increased by 4.1% over the same period last year.
By investment field:
In the first 6 months of 2019, 19 fields were invested by foreign investors, in which, the investment mostly focused on the processing and manufacturing sector with the total capital of 13.15 billion USD, accounting for 71.2% of the total registered investment capital. Real estate business ranked second with total investment capital of 1.32 billion USD, accounting for 7.2% of total registered investment capital. Wholesale and retail field ranked third with a total registered investment capital of 1.05 billion USD, capturing 5.7% of total registered investment capital...
By investors
In the first 6 months of 2019, there were 95 countries and territories having investment projects in Vietnam. HongKong ranked first with total investment capital of 5.3 billion USD (including 3.85 billion USD of shares purchase in Vietnam Beverage Co., Ltd. in Hanoi), making up 28.7% of total investment capital; Korea ranked second with total registered investment capital of 2.73 billion USD, accounting for 14.8% of total investment capital into Vietnam; China ranked third with a total registered investment capital of 2.29 billion USD, capturing 12.4% of total investment capital. Singapore, Japan ranked fourth and fifth successively with a total registered capital of 2.2 billion USD and 1.95 billion USD.
By investment area
In the first 6 months of 2019, 55 provinces and cities were invested by foreign investors, in which Hanoi attracted the most of FDI with a total registered capital of more than 4.87 billion USD, capturing 26.4% of total investment capital. Ho Chi Minh City ranked second with a total registered capital of 3.09 billion USD, accounting for 16.7% of total investment capital. Binh Duong ranked third with a total registered capital of 1.37 billion USD, accounting for 7.4% of total investment capital, etc.
Some large projects inthe first 6 months of 2019 are:
- Capital contribution and share purchase project of Beerco Limited (HongKong) in Vietnam Beverage Limited Company, with the total value of the capital contribution of 3.85 billion USD, with the main goal of producing beer and malt for brewing beer in Hanoi.
- ACTR's all-steel Radian tire manufacturing project with a total registered investment capital of 280 million USD, invested by Chinese investors in Tay Ninh to produce TBR all-steel tires.
- Electronic equipment, network equipment, and multimedia audio products manufacturing factory project, with the total registered capital of 260 million USD, invested by Goertek (HongKong) co., Limited in Bac Ninh.
- Hoa Hoi solar power plant project in Phu Yen, with the total registered capital of 216.7 million USD, invested by Thai investors in Phu Yen to produce solar energy.
- Vietnam’s Advance Tire co., Limited project, with the total registered capital of 214.4 million USD, invested by Guizhou Advance Type Investment co., Ltd (China) to produce and consume tires, rubber, and related products in Tien Giang.
- Vinhtex project with the total registered investment capital of 200 million USD, invested by Royal Pagoda Private Limited (Singapore) to produce fabric and dyeing knitting fabric in Nghe An.
- Meiko Electronics Vietnam Co., Ltd (Hong Kong) project to design, assemble and manufacturing electronic components in Hanoi, adjusted to increase investment capital by USD 200 million
2. FDI accumulation until May 2019
Accumulated to June 20th, 2019, the whole country has 28.954 valid projects with a total registered capital of 351.66 billion USD. The accumulated realized capital of foreign direct investment projects was estimated at 200.5 billion USD, equalling 57% 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 nearly 205.28 billion USD, making up 58.4% of total investment capital, followed by real estate business with 58.2 billion USD (accounting for 16.6% of total investment capital), production and distribution of electricity, gas and water with 23.45 billion USD (making up 6.7% of total investment capital).
- By investors:131 countries and territories were having valid investment projects in Vietnam. Korea ranked first with a total registered capital of 64.8 billion USD (accounting for 18.5% of total investment capital). Japan ranked second with 57.4 billion USD (capturing 16.4% 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 45.5 billion USD (making up 13% of the total investment capital), followed by Hanoi with 33.4 billion USD (accounting for 9.5% of total investment capital), Binh Duong with 32.7 billion USD (capturing 9.3% of total investment capital).
II. Vietnam's investment abroad
In the first 6 months of 2019, the total newly and additionally registered investment capital abroad from Vietnam reached nearly 200 million USD. In which there were 71 projects newly granted certificates of investment registration abroad with a total investment capital of 103.9 million USD from Vietnam. There was 19 project adjusted capital with a total additional investment capital of 96.1 million USD from Vietnam.
By investment field: The fields of professional, scientific and technological activities ranked first in Vietnam’s investment capital aboard with the total newly and additionally registered capital of 81.9 million USD, accounting for nearly 41% of total investment capital; banking ranked second with 37.1 million USD and accounting for 18.6% of total investment capital; information and communication ranked third with nearly 31.7 million USD, accounting for 15.8% of total investment capital. The other projects belong to others field.
By investment area: In the first 6 months of 2019, there were 29 countries and territories received investments from Vietnam. With a large-scale project of 59.8 million USD, Spain is leading in receiving Vietnam's investment abroad, accounting for 29.9% of the total investment capital. America ranked second with the total newly and additionally registered capital of 44.9 million USD, accounting for 22.5% of total investment capital., followed by Australia, Malaysia, South Africa, Canada, etc./.
Ministry of Planning and Investment