Vietnam attracts US$25.37 billion FDI capital in nine months

October 1, 2018 | 1:41 pm

Vietnam has attracted US$25.37 billion worth of FDI capital in the first nine months of this year, or 99.6 pct of last year’s figure, the Foreign Investment Agency (FIA), under the Ministry of Planning and Investment, has announced.

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Manufacturing remains the most attractive industry for foreign investors - Illustrative photo: VNA

During January-September, FDI disbursement reached US$13.25 billion, an annual increase of 6 pct compared to the same period of 2017.

As of September 20, a total of 2,182 new foreign-invested projects, worth US$14.1 billion, were granted licences, while 841 projects registered to increase their capital by a total of US$5.5 billion.

Vietnam also posted nearly US$5.7 billion worth of capital contribution and share purchases, up 36.8 pct compared to the corresponding period last year.

Manufacturing remains the most attractive industry for foreign investors, having attracted US$11.3 billion, accounting for 44.6 pct of the total registered FDI capital, followed by real estate with a total registered capital of US$5.8 billion, while wholesale and retail sales came in third with a total registered capital of US$2.1 billion.

Of the 104 countries and territories supplying FDI to Vietnam, Japan remained the largest source of foreign investment. Japanese investors registered to invest US$7 billion, making up 28 pct of the total FDI.

The Republic of Korea came second, pumping in US$5.6 billion or 22.4 pct of the total FDI, followed by Singapore with US$3.6 billion.

Hanoi, Ho Chi Minh City and Ba Ria - Vung Tau attracted the largest amount of FDI capital during the period, with a total registered capital of US$5.8 billion, US$4.2 billion and US$2.1 billion, respectively.

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