The figures published by the Foreign Investment Agency (Ministry of Planning and Investment), calculated until Oct 20th, 2020, the total registered investment capital into Vietnam has equaled to 23.48 billion USD, including 11.66 billion USD and 5.71 billion USD for newly registered capital and additionally registered capital respectively.
According to the Foreign Investment Agency, an upward trend in the adjustment capital within the past 10 months was mainly caused by an increase of 1.386 billion USD and 774 million USD in investment capital in the Southern Petrochemical Complex project (Ba Ria – Vung Tau) and West of West Lake urban area project (Hanoi) correspondingly.
One worth-notetaking point is that the realized capitals of FDI projects in Vietnam continue to experience a decrease with an estimate of 15.8 billion USD – equaling to 97.5% of the figure recorded in the same period last year.
These listed data have pointed out the strong impact of Covid-19 pandemic on the foreign direct investment status, with a decrease in either newly registered capital, capital contribution, share, capital contribution purchase or even disbursed capital. However, many FDI enterprises are gradually recovering from the epidemic, having a good business result, which is expected to encourage a fast growth at the end of 2020.
Especially, there are still many investors who have shown a great interest in investing into Vietnam. Compared with other nations all over the world, the investment results of Vietnam turn out much better, proving the attractiveness of Vietnam to international investors.
Moreover, it is reported that FDI capital has been channeled into 18 sectors, out of which manufacturing and processing leads the list with the investment capital reaching 10.7 billion USD, accounting for 45.7% of the total registered capital. The second position belongs to power production and distribution with 4.8 billion USD, followed by real estate and wholesaling & retailing.
In terms of countries investing in Vietnam, Singapore held the No.1 position, with a committed 7.51 billion USD. The second and third largest source has been Korea and China, investing 3.42 billion USD and 2.17 billion USD respectively.
Regarding the number of FDI projects, however, Korea ranks first with 528 projects, followed by China (294 projects), Japan (226 projects) and HongKong (164 projects),… The Asian countries continue to dominate the list.
Edited by: Dandelion