In the 8 months of 2017, FDI attraction is about to surpass 2016

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Total FDI into Vietnam in the first 8 months of 2017 is US$ 23.36 billion. Photo by H. Anh.

Accordingly, in the first 8 months of 2017, the total registered capital for new investment, total additional capital and total contributed capital for share purchasing are US$ 23.36 billion, up 45.1% over the same period in 2016.

Specifically, as of August 20, 2017, the country has 1,624 new projects that have granted the certificate of investment with a total registered capital of US$ 13.45 billion, up 37.4% over the same period in 2016. Besides, there are 773 times of projects registering for adjustment of capital investment with a total additional capital of US$ 6.4 billion, up 40.2% over the same period in 2016 and 3,374 times of contributed capital and share purchasing of foreign investors with a total contributed capital of US$ 3.5 billion, up 101.3% over the same period in 2016.

Thus, total FDI capital in the first 8 months of 2017 reaches nearly the total FDI in 2016 of US$ 24. 4 billion

Regarding the FDI disbursement, as of August 20, 2017, it is estimated that the FDI projects have disbursed US$ 10.3 billion, up 5.1% compared to the same period in 2016.

In the fields attracting the investment, the processing and manufacturing industry attracts the most concerns of foreign investors with total investment capital of US$11,69 billion, accounting for 505 of total registered investment capital in the first 8 months, 2017.

South Korea ranks first among countries investing in Vietnam with an investment capital of US$ 6.02 billion, accounting for 25.7% of total investment. Followed by Japan with a registered capital of US$ 5.74 billion, accounting for 24.58% of total investment in Vietnam.

In the first 8 months of 2017, Ho Chi Minh City attracts the largest amount of FDI capital with a total registered capital of US $ 3.3 billion, accounting for 14.1% of the total investment capital and officially usurps the leading position of Thanh Hoa.

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According to the Foreign Investment Department, as of August 20, 2017, the country has 23,972 valid projects with a total registered capital of US$ 308.59 billion. The accumulated capital of FDI projects is estimated at US$ 165.15 billion, equal to 53.5% of the total registered capital.