Vietnam attracted US$19.54 billion of FDI in eight months, decreasing by 14%

VCN - According to the report of the Ministry of Planning and Investment, as of August 20, the total FDI in Vietnam reached US$19.54 billion, equaling 86.3% over the same period in 2019.
vietnam attracted us 1954 billion of fdi in eight months decreasing by 14 More than US$2.8 billion of FDI capital into the real estate sector
vietnam attracted us 1954 billion of fdi in eight months decreasing by 14 Tightening the linkage between FDI and domestic enterprises
vietnam attracted us 1954 billion of fdi in eight months decreasing by 14 FDI inflows from Europe yet to shift into Vietnam

vietnam attracted us 1954 billion of fdi in eight months decreasing by 14
Total FDI into Vietnam in the eight months of 2020 decreased by nearly 16% over the same period in 2019.

Up to 1,797 new projects have been granted investment registration certificates; the total registered capital reached US$9.73 billion, a 6.6% year-on year increase but a decrease of 15.3% in the number of projects.

The increase in the investment capital is mainly due to the Bac Lieu LNG-fired Power Plant projectbeing granted the investment registration certificate with a total investment capital of US$4 billion, accounting for 41.1% of the total newly registered capital.

A total of 718 projects were registered to adjust investment capital, decreasing by 20.9% compared to the same period, with a total additional registered capitalreached over US$4.87 billion, a 22.2% year-on-year increase.

For capital contribution and share purchase, there are 4,804 times of capital contribution and sharepurchase by foreign investors, an 8.2% year-on-year decrease with a total value of capital contribution of US$4.93 billion, equaling 51.8% over the same period 2019.

The structure of the value of capital contribution and share purchase in the total investment capital also fellsignificantly over the same period in 2019, from nearly 42% in the eight months of 2019 to 25.2% in the eight months of 2020.

Foreign investors have invested in 18 sectors, of which the processing and manufacturing sector ranked first with total investment capital of over US$9.3 billion, accounting for 47.7% of total registered investment capital.

According to investment partners, 106 countries and territories have invested in Vietnam. Singapore leads with total investment capital of US$6.54 billion, accounting for 33.5% of total investment in Vietnam.

By Hoai Anh/Ngoc Loan

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