(VEN) – The Ministry of Planning and Investment has recently announced a report on foreign direct investment (FDI) in Vietnam in the first eight months of 2013. The report showed that the industry sector dominated by attracting over 85 percent of total FDI capital into the country.
During the 8 month period, Vietnam attracted US$12.63 billion more FDI capital, a year on year increase of 19.5 percent, of which the newly-registered capital was US$7.4 billion, up 12.2 percent, added capital reached US$5.22 billion, up 31.7 percent and FDI disbursement stood at US$7.56 billion, an increase of 3.8 percent compared with the same period last year.
Foreign investors selected 18 different sectors in Vietnam, with processing industry and manufacturing having attracted the most interest with total newly-registered and added capital reaching US$10.817 billion, accounting for 85.7 percent of total FDI flows into Vietnam. The real estate sector ranked second with total newly-registered and added capital of US$588.11 million, followed by science and technology with US$334.66 million.
Among the 47 countries and territories undertaking investment projects in Vietnam, Japan remained the largest investor with US$4.35 billion, accounting for 34.5 percent of the total newly-registered and added capital, followed by Singapore with US$3.78 billion, accounting for 29.9 percent and Russia with nearly US$1.02 billion, accounting for 8.1 percent.
Among provinces and cities attracting FDI across the country, the north central province of Thanh Hoa topped the list of FDI attraction with US$2.81 billion, accounting for 22.3 percent of total FDI capital. Thai Nguyen Province came next with US$2.15 billion, accounting for 17.1 percent and Bac Ninh Province ranked third with US$1.39 billion, accounting for 17.1 percent.
Recent FDI attraction featured many multi-billion dollar projects, for example the Nghi Son Refinery-Petrochem project in Thanh Hoa Province attracted US$2.8 billion, the Singapore-invested SamSung Electronics Vietnam project in Thai Nguyen Province with a total capital of US$2 billion producing and assembling electronic products, the Russia-invested Bus Industrial Center project with a total capital of US$1 billion to build a plant for assembling and producing spare parts of buses and support services in Binh Dinh Province and the SamSung Electronics Vietnam project in Bac Ninh Province adding capital of US$1 billion. These projects have helped Vietnam’s FDI attraction in the first eight months of this year increase by 19.5 percent year-on-year.
| In the first eight months of this year, exports in FDI sector (including crude oil) were estimated at US$56.099 billion, an increase of 21.7 percent year on year, accounting for 66.1 percent of the country’s total export revenue. Meanwhile, imports in FDI sector reached US$48.292 billion, an increase of 25.1 percent year on year, accounting for 56.55 percent of the country’s total export revenue. Therefore, during the eight month period, the FDI sector posted a trade surplus of US$7.81 billion. |
By Chu Huynh
Đăng ký: VietNam News
