As of September 20th, 2021, the total newly registered, adjusted, and paid-in capital for share purchase by foreign investors reached USD 22.15 billion, up by 4.4% than the same period last year. The capital generated by FDI projects was estimated at USD 13.28 billion, down by 3.5% over the same period last year.
Accumulated as of September 20th, 2021, the whole country had 34,141 valid projects with total registered capital of USD 403.19 billion. The accumulated realized capital of foreign direct investment projects was estimated at USD 245.14 billion, equivalent to 60.8% of total valid registered investment capital.
Details are as follows:
I. FDI INFLOWS OF VIETNAM
1. FDI attraction in the 9 months of 2021
1.1. FDI performance:
The COVID-19 pandemic is still complicated in month, led to some factories’ postponement or capacity reduction; FDI projects were estimated to disburse USD 13.28 billion in the first 9 months of 2021, down by 3.5% compared to that in September 2020 and 5.5 percentage points over the first 8 months of 2021.
Import and export performance:
Export: Export turnover of the foreign investment sector continued to increase in the first 9 months of 2021, but the rate was slightly decreased over to the first 8 months. Export (including crude oil) reached nearly USD 178 billion, up by 22.9% compared with the same period last year, accounting for 73.8% of export turnover. Export (excluding crude oil) was over USD 176.8 billion, a rise of 23.3% over the same period last year, accounting for 73.4% of the country's export turnover.
Import: Imports of foreign investment sector attained USD 159.8 billion, up by 34.4% over the same period last year and accounting for 65.3% of the country's import turnover.
In the first 9 months of 2021, the FDI sector saw a trade surplus of around USD 18.2 billion including crude oil and USD 17.1 billion excluding crude oil, while the domestic sector had a trade surplus about USD 21.8 billion.
1.2. Investment registration
As of September 20th, 2021, total newly registered, adjusted, and paid-in capital for share purchase by foreign investors reached USD 22.15 billion, a rise of 4.4% compared to the same period last year. Newly registered and adjusted capital continued to made a rise and increased strongly compared to the first 8 months while foreign investors’ paid-in capital continued to fall.
Newly registered capital: There were 1,216 new projects granted with investment registration certificates (a year-on-year plummet of 37.8%). Total registered capital reached about USD 12.5 billion (a year-on-year increase of 20.6%).
Adjusted capital: There were 678 projects registered for adjustment of investment capital (a year-on-year decrease of 15%). Total additional registered capital reached over USD 6.4 billion (a year-on-year increase of 25.6%).
Paid-in capital for share purchase: There were 2,830 paid-in capital for share purchase by foreign investors (a year-on-year decline of 45.3%). The total value of paid-in capital was worth USD 3.2 billion (a year-on-year decline of 43.8%).
(Detailed data in Appendix I attached).
Foreign investors had invested in 18/21 sectors in the national economic classification system, of which the processing and manufacturing led with total investment capital of over USD 11.8 billion, accounting for 53.4% of total registered investment capital. Electricity production and distribution had attracted a small number of new, adjusted projects and paid-in capital for share purchase but with a large scale, it ranked second with investment capital of over USD 5.5 billion, accounting for 25% of total registered investment capital. It was followed by the real estate business, wholesale and retail with the total registered capital of about USD 1.78 billion and USD 750 million, respectively. The rest were other sectors.
Regarding the number of new projects, the processing and manufacturing; wholesale and retail; professional activities, science and technology led, accounting for 33.2%, 28.2% and 14.9% of total projects, respectively.
There were 94 countries and territories investing in Vietnam in the first 9 months of 2021. Singapore led the list with total investment capital of approximately USD 6.3 billion, accounting for 28.4% of total investment capital in Vietnam, down by 7.2% compared with the same period in 2020; South Korea overcome Japan and ranked the second with investment of over USD 3.9 billion, accounting for 17.7% of total investment capital. Japan ranked the third with registered investment capital of nearly USD 2.2 billion, accounting for 13.1% of total investment capital, decreased 22.2% over the same period last year. Next were China, Hong Kong, Taiwan, and so on.
In the first 9 months of 2021, Singapore's investment capital was 1.6 times more than that of South Korea and nearly 1.9 times more than that that of Japan because Singapore had a project worth USD 3.1 billion. This project accounted for 49.3% of Singapore's total investment capital. Although South Korea only ranked the third in investment capital, it was the leading partner in the number of new investment projects, adjusted capital projects and paid-in capital for share purchase. Thus, about number of projects, South Korea was the partner with more investors interested in and making new investment decisions as well as expanding investment projects in 9 months.
The foreign investors had invested in 58 provinces and cities nationwide in the first 9 of 2021. Long An led the list with total registered investment capital of USD 3.6 billion, accounting for 16.4% of total investment capital, in which a large Power Projects with over USD 3.1 billion (accounting for over 85.2% of total investment capital of Long An), With a large adjusted capital project of USD 1.4 billion, Hai Phong ranked the second with total registered capital of USD 2.7 billion, accounting for 12.2% of total investment capital. Ho Chi Minh City ranked the third with total registered capital of USD 2.4 billion, accounting for 10.6% of total investment capital. Next were Binh Duong, Can Tho, Quang Ninh and so on.
Regarding the number of projects, foreign investors still focused on investing in big cities with convenient infrastructure such as Ho Chi Minh City, Hanoi and Bac Ninh. In which, Ho Chi Minh City led both in number of new projects (33.3%), number of adjusted projects (17.4%) and paid-in capital for share purchase (59.5%). Although Hanoi wasn’t in the top 5 cities attracting foreign investment in the first 9 months, it ranked the second in number of new projects (21.1%), number of adjusted projects (14%) and paid-in capital for share purchase (11.9%).
(Detailed data in Appendix II attached).
Some major projects in the first 9 months of 2021:
(1) Long An I and II LNG Power Plant Project (invested by Singaporean investors) having total registered capital of more than USD 3.1 billion, with the goal of transmitting, distributing, and producing electricity in Long An (granted with a certificate of investment on March 19th, 2021).
(2) LG Display Project (invested by Korean investors) in Hai Phong with investment capital adjusted to increase by about USD 2.15 billion (in which, adjusted to increase USD 1.4 billion on August 30th, 2021 and an increase of USD 750 million on February 4th, 2021).
(3) O Mon II Thermal Power Plant Factory (invested by Japanese investors) in Can Tho, with total investment capital of USD 1.31 billion, aimed to create a thermal power factory for electricity supply for the regional and national power system (granted with a certificate of investment on January 22nd, 2021)
(4) Kraft Vina Paper Factory (invested by Japanese investor) in Vinh Phuc, with the capacity of 800,000 tons per yearand total investment capital of USD 611.4 million, aimed to produce kraft paper, lined paper and packaging paper (granted with a certificate of investment on July 23rd, 2021).
(5) Polytex Far Eastern Vietnam Co., Ltd Factory Project (invested by Taiwanese investors) with investment capital adjusted to increase by 610 million USD (granted with an amended investment certificate on May 13th, 2021).
Attach Files: FDI_09.2021_E.xlsx
Ministry of Planning and Investment