According to the Ministry of Planning and Investment, by June 20, 2018, Vietnam has attracted 25,953 Foreign Direct Investment (FDI) projects with the total registered capital of 331.24 billion USD. The total disbursed capital is 180.74 billion USD, accounting for 54.6 % of the total registered capital. For the first six months of 2018, the total FDI conducted by foreign investors via newly registered projects, capital adjustments, capital contributions and share purchases in Vietnam was 20.33 billion USD, an increase by 5.7% as compared to the same period of 2017.
In categorizing the investment, foreign investors have invested in 19 out of 21 sectors as defined in the national economic classification system, of which, the processing and manufacturing sector accounts for the highest proportion with 189.13 billion USD, making up 57.1% of the total investment capital, followed by the real estate sector with 56.2 billion USD (accounting for nearly 17% of the total investment capital), the utility sector (electricity, water and gas) with 21.92 billion USD (making up 6.6% of the total investment capital).
As by investors’ nationalities, there have been 128 countries and territories with valid investment projects in Vietnam. The Republic of Korea (ROK) ranks first with a total registered capital of 61.67 billion USD, accounting for 18.6% of the total investment capital. Japan ranks second with 55.45 billion USD, accounting for 16.7% of the total investment capital, followed by Singapore and Taiwan, British Virgin Islands, Hong Kong.
As by investment locations, FDI projects have been present in all 63 provinces and cities nationwide, in which Ho Chi Minh City has been leading in attracting FDI with 45.5 billion USD (making up 13.7% of the total investment capital), followed by Hanoi with 32.87 billion USD (9.9% of the total investment capital), Binh Duong with 30.74 billion USD (9.3% of the total investment capital).
FDI performance in the first 6 months of 2018
Disbursed capital: As of June 20th, 2018, the estimated disbursed capital of all FDI projects was 8.37 billion USD, an increase by 8.4% as compared to the same period of 2017.
For Exports and Imports: the total export turnover of the foreign investment sector (including crude oil) reached 80.86 billion USD, an increase by 14.8% as compared to the same period of 2017 and accounting for 71% of the total export turnover. Exports excluding crude oil was 79.84 billion USD, up by 15.8 % as compared to the same period of 2017 and accounting for 70.1% of the total export turnover.
The import value of the FDI sector was 65.21 billion USD, up by 8.1% as compared to the same period of 2017 and accounting for nearly 58.6% of the total import value. Together, the trade surplus of the FDI sector including crude oil was 15.65 billion USD, and 14.63 billion USD excluding crude oil.
As of June 20th, 2018, 1,366 new projects had been licensed with the total newly registered capital of 11.8 billion USD, equal to 99.7 % as compared to the same period of last year. There were 507 capital adjustments for FDI projects with a total capital increase of 4.43 billion USD, equal to 86.2% as compared to the same period in 2017. Foreign investors had conducted 2,749 capital contributions and share purchases with a total capital of 4.1 billion USD, an increase by 82.4% as compared to the same period of 2017.
All together, during the first six months of 2018, the total FDI conducted by foreign investors via newly registered projects, capital adjustments, capital contributions and share purchases in Vietnam was 20.33 billion USD, an increase by 5.7% as compared to the same period of 2017.
The largest FDI projects granted licences in the first six months of 2018 are:
Smart city project located in Hai Boi and Vinh Ngoc communes, Dong Anh district, Hanoi, with the total investment capital of 4.138 billion USD. The investors are from Japan and the objective is to build a smart urban city with synchronous technical and social infrastructure.
The Project of a Polypropylene (PP) factory and a liquefied petroleum gas (LPG) underground storage facility invested by South Korean Hyosung Corporation in Ba Ria-Vung Tau. Total registered investment capital is 1.201 billion USD.
Laguna (Vietnam) Company Limited project, licensed on March 7th, 2007, invested by Singaporean investors in Thua Thien - Hue, is adjusted to increase the investment capital by 1.12 billion USD on May 25th, 2018.
Hanoi Lotte Mall project with total registered investment capital of 600 million USD, invested by Korean investors in Hanoi to build up an international standard hi-end complex consisting of a shopping center, a hotel, offices, tourist apartments for short-term accommodation.
LG Innitek Hai Phong factory project invested by Korean investors, which was licensed on September 1st, 2016. The objective is to manufacture camera modules, was adjusted to increase the investment capital by 501 million USD on February 23rd, 2018.
MH