Ministry of Planning and Investment Portal

As of November 20^th, 2021, the total newly registered, adjusted, and paid-in capital for share purchase by foreign investors reached USD 26.46 billion, 0.1% a bit higher than the same period last year. The capital generated by FDI projects was estimated at USD 17.7 billion, down by 4.2% over the same period in 2021.

Accumulated as of November 20^th, 2021, the whole country had 34,424 valid projects with total registered capital of approximately USD 405.9 billion. The accumulated realized capital of foreign direct investment projects was estimated at USD 249 billion, equivalent to 61.3% of total valid registered investment capital.

Details are as follows:

I. FDI INFLOWS OF VIETNAM

1. FDI attraction in the 11 months of 2021

1.1. FDI performance:

Realized capital:

As of November 2021, FDI projects were estimated to disburse USD 17.1 billion, a decrease of 4.2% compared with the same period in 2020 and 0.1 percentage points over the first ten months of 2021.

Import and export performance:

Export: Export turnover of the foreign investment sector continued to increase in the first 11 months of 2021, but the rate was slightly decreased over the first 10 months. Export (including crude oil) reached nearly USD 220.2 billion, up by 19.7% compared with the same period last year, accounting for 73.6% of export turnover. Export (excluding crude oil) was USD 218,5 billion, a rise of 19.8% over the same period last year, accounting for 73.1% of the country's export turnover.

Import: Imports of foreign investment sector attained over USD 195.5 billion, up by 29.5% over the same period last year and accounting for 65.5% of the country's import turnover.

In the first 11 months of 2021, the FDI sector saw a trade surplus of more than USD 24.6 billion including crude oil and approximately USD 23 billion excluding crude oil, while the domestic sector had a trade surplus about USD 24.3 billion.

1.2. Investment registration

As of November 20^th, 2021, total newly registered, adjusted, and paid-in capital for share purchase by foreign investors reached about USD 26,46 billion, 0.1% higher compared to the same period in 2020. The newly registered and adjusted capital continued to increase while paid-in capital for share purchase continued to decrease.

Of which:

Newly registered capital: There were 1,577 new projects granted with investment registration certificates (a year-on-year decrease of 31.8%). Total registered capital reached nearly USD 14.1 billion (a year-on-year increase of 3.76%).

Adjusted capital: There were 877 projects registered for adjustment of investment capital (a year-on-year decrease of 16.6%). Total additional registered capital reached over USD 8 billion (a year-on-year increase of 26.7%).

Paid-in capital for share purchase: There were 3,466 paid-in capital for share purchase by foreign investors (a year-on-year decline of 40.4%). The total value of paid-in capital was worth USD 4.4 billion (a year-on-year decline of 33%).

(Detailed data in Appendix I attached).

By sector:

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 14 billion, accounting for 53% of total registered investment capital. Although electricity production and distribution attracted a small number of new and adjusted projects, and paid-in capital for share purchase but with large-scale projects, it ranked the second with investment capital of over USD 5.7 billion, accounting for 21.6% of total registered investment capital. It was followed by the real estate business, wholesale and retail with the total registered capital of USD 2.41 billion and USD 1.27 billion, respectively. The rest were other sectors.

Regarding the number of new projects, the processing and manufacturing; wholesale and retail; professional activities, science and technology attract the most projects, accounting for 30,5%, 28,1% and 16,5% of its, respectively.

By counterpart:

There were 100 countries and territories investing in Vietnam in the first 11 months of 2021. Singapore led the list with total investment capital of USD 7.6 billion, accounting for 28.7% of total investment capital in Vietnam, down by 5.9% compared with the same period in 2020; Republic of Korea ranked the second with USD 4.36 billion, accounting for 16.5% of total investment capital, up by 17.6% compared with the same period last year. Japan ranked the third with registered investment capital of USD 3.7 billion, accounting for 14% of total investment capital, and increased 54% over the same period last year. Next were China, Hong Kong, Taiwan, and so on.

In the first 11 months of 2021, Singapore's investment capital was 1.74 times more than that of South Korea and 2.1 times more than its of Japan because Singapore had a project worth USD 3.1 billion. This project accounted for 41% of Singapore's total investment capital. Although RoK only ranked the second in the 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, regarding the number of projects, RoK was the partner with more investors that interested in, making new investment decisions as well as expanding investment projects in the 11 months.

By location:

The foreign investors had invested in 58 provinces and cities nationwide in the first 11 months of 2021. Long An led the list with total registered investment capital of USD 3.76 billion, accounting for 14.2% of total investment capital, in which a large Power Projects with approximately USD 3.1 billion (accounting for 84.2% of total investment capital of Long An). Ho Chi Minh City ranked the second with total registered capital of approximately USD 3.43 billion, accounting for 13% of total investment capital. Hai Phong ranked the third with total registered capital of USD 2.8 billion, accounting for 10.7% 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 (336%), number of adjusted projects (18.5%) and paid-in capital for share purchase (59.6%). Although Hanoi wasn’t in the top 5 cities attracting foreign investment in the first 11 months, it ranked the second in number of new projects (21.8%), and paid-in capital for share purchase (12.5%).

(Detailed data in Appendix II attached).

Some major projects in the first 11 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).