Over USD31 billion of FDI capital invested in Vietnam from start of year
Wednesday, 27/11/2019 17:00 (GMT+7)
As of November 20th, newly-registered and added capital, capital contributions and share purchases of foreign investors in Vietnam totaled USD31.8 billion, a year-on-year rise of 3.1%, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
Photo for illustration. (Source: VOV)
Of this, 3,478 new projects were licensed with a total registered capital of USD14.68 billion, up 28.2% in number of projects but down 7% in capital compared to the same period.
So far, about USD17.62 billion of FDI capital was disbursed, a year-on-year rise of 6.8%.
In addition, 1,256 ongoing projects registered an additional capital of USD5.87 billion, up 20% in number of projects but down 10.7% in capital compared to the same period last year.
In opposition to the downward trend of newly-registered and added capital; capital contributions and share purchases of foreign investors continued to increase sharply. During the period, the country eyed 8,561 capital contributions and share purchases with a total value of USD11.24 billion, a year-on-year increase of 47.1% and making up nearly 35.4% of the total.
Hong Kong (China) topped the list of countries and territories investing in Vietnam with USD6.69 billion, accounting for 57.5% of the total. The Republic of Korea and Singapore ranked second and third, with USD5.73 billion (18%) and USD4.47 billion (14%), respectively. Following them were China and Japan./.
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