According to the Foreign Investment Agency (Ministry of Planning and Investment), in the first six months of 2017, the total registered foreign direct investment (FDI), including newly registered, increased, and capital contributions and share purchases, was US$19,22 billion, a 54,8% increase compared to the same period in 2016.
Specifically, as of June 20, 2017, the whole country had 1.183 new projects granted investment certificates with a total registered capital of US$11,83 billion, an increase of 57,9% compared to the same period in 2016. In addition, there were 549 projects that registered adjustments to their investment capital, with a total increase of US$5,14 billion, an increase of 35,8% compared to the same period in 2016. Furthermore, there were 2.501 instances of foreign investors contributing capital or purchasing shares, with a total value of US$2,24 billion, an increase of 97,6% compared to the same period in 2016.
In terms of investment sectors, foreign investors have invested in 18 sectors, with the processing and manufacturing industry attracting the most attention from foreign investors with a total capital of US$9,48 billion, accounting for 49,3% of the total registered investment capital. Second is the electricity production and distribution sector with a total investment of US$5,25 billion; and third is the mining sector with a total registered investment capital of US$1,28 billion.
In the first six months of the year, 94 countries and territories had investment projects in Vietnam. Of these, Japan currently leads with a total investment of US$5,08 billion, accounting for 26,45% of the total investment. South Korea ranks second with a total registered investment of US$4,95 billion; and Singapore is in third place with a total registered investment of US$3,48 billion.
Foreign investment in the first 6 months of 2017
Regarding the performance of the FDI sector, the Foreign Investment Agency reported that in the first six months of the year, exports from this sector (including crude oil) reached US$70,81 billion, an increase of 21% compared to the same period in 2016 and accounting for 72,4% of total export turnover. Exports excluding crude oil reached US$69,25 billion, an increase of 20,6% compared to the same period in 2016 and accounting for 70,83% of total export turnover.
Meanwhile, imports by the foreign investment sector reached $60,59 billion, an increase of 28,3% compared to the same period in 2016 and accounting for 60,3% of total import turnover.
Thus, in the first six months of 2017, the foreign investment sector recorded a trade surplus of US$10,22 billion including crude oil and a trade surplus of US$8,66 billion excluding crude oil. Total FDI reached over US$306 billion.
With FDI attraction activities in the first six months of the year, as of June 20, 2017, the whole country had 23.594 active projects with a total registered capital of US$306,3 billion. Cumulative implemented capital is estimated at US$162,57 billion, equivalent to 53% of the total registered capital still in effect.
As of June 2017, 120 countries and territories had invested in Vietnam, with South Korea leading the way with a total registered capital of US$54,5 billion (accounting for 17,7% of total investment); Japan ranked second with US$46,19 billion (accounting for 15% of total investment); followed by Singapore, Taiwan, the British Virgin Islands, and Hong Kong…www.expertis.vn
