FDI realization up 7.4% in 10 months

VGP – The Foreign Direct Investment (FDI) realization in 10 months was estimated at US$16.2 billion, up 7.4% against the same period last year, according to the General Statistics Office.

October 30, 2019 4:24 PM GMT+7

A total number of 3,094 FDI projects were licensed with the total registered capital of US$12.8 billion, up 25.9% in tern of the number of projects and down 14.6% in term of registered capital in comparison with the same period last year.

In addition, 1,145 projects adjusted their investment capital with a total additional sum of US$5.5 billion, down 16.4%.

The total newly-registered and additional FDI capital in 10 months hit US$18.3 billion, down 15.2%.

As many as 7,509 capital contributions and share purchase of foreign investors, worth US$10.8 billion were recorded in the reviewed period, up 70.5%.

The registered FDI capital decreases by 14.6% while the total capital contributions and share purchase of foreign investors witness a year-on-year increase of 70.5%.

Regarding the total registered and additional FDI capital, the processing and manufacturing industry takes the lead in attracting foreign investment with nearly US$14 billion in the reviewed period.

Among 74 nations and territories investing in Viet Nam in 10 months, the Republic of Korea ranks first with nearly US$2.8 billion, accounting for 21.5%.

In the reviewed period, Viet Nam invested US$411.9 million overseas (including newly-registered and additional capital). Of the investments, US$312 million was poured into 128 new projects while the remaining US$100 million was pledged to 28 existing projects.

Their outbound investment mainly focused on the wholesale and retail sector at US$111 million, accounting for 27% of the total.

Vietnamese firms invested into 30 countries and territories in the period. Australia lured the biggest amount of investment with US$141 million, accounting for 34% of the total.

By Thuy Dung