Hung Le
The latest report of the Foreign Investment Agency (FIA) showed in the year to September 20, there were 1,152 newly-licensed projects with combined registered capital of US$7.63 billion, down 17.8% year-on-year. Besides, the investors of 418 operational projects pledged an additional capital US$3.54 billion, falling by 37.9%.
South Korea led the list of 53 countries and territories with investment approvals in Vietnam in the nine-month period.
Earlier, Japan had been the biggest investor in Vietnam in terms of FDI approvals while South Korea ranked third after Singapore.
But, things have changed as South Korea has surpassed the two countries to top the list of foreign investors in Vietnam, with US$3.55 billion registered for 374 fresh and operational projects and accounting for 31.8% of the total FDI pledges in the period.
One of the largest projects of South Korea in Vietnam is Samsung’s high-resolution screen project having registered capital of US$1 billion in the northern province of Bac Ninh. This is also the only billion-dollar project to be licensed in the year to date.
Hong Kong ranked second in the period when its companies committed US$1.52 billion (13.6%) while Japan took the third position with US$1.43 billion (12.9%). Singapore came fourth with pledged FDI capital of some US$1.07 billion (9.6%).
The northern province of Bac Ninh has attracted the biggest foreign direct investment (FDI) commitment of US$1.36 billion in the first nine months of this year, followed by HCMC with US$1.28 billion and Dong Nai Province with US$1.17 billion, chinhphu.vn reports.
According to FIA under the Ministry of Planning and Investment, though FDI pledges in the January-September period have tumbled, the realized capital of FDI enterprises remains stable and rises slightly over a year ago. Some US$8.9 billion has been disbursed in the period, up 3.2% year-on-year.
As for exports, FDI enterprises have performed well in the nine-month period as they have posted nearly US$73 billion (inclusive of crude oil), rising by 14.1% and making up 66.6% of the country’s export turnover.
Meanwhile, imports of FDI enterprises pick up 9.8% and take up 56.3% of the total with US$60.28 billion recorded in the period.
The FDI sector has enjoyed a trade surplus of US$12.7 billion in the first nine months of this year.
The processing and manufacturing sector has still attracted more foreign investors in the January-September period when they registered US$7.7 billion (98.3%) for 571 fresh and operational projects, followed by the property sector with 27 projects and US$1.2 billion (11%), and construction with US$612.1 million.
Đăng ký: VietNam News