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|Vietnam has seen great increases in FDI inflows and disbursement throughout the year|
According to statistics published by the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment today, between January and December 20, foreign investment capital arriving to Vietnam reached $35.6 billion, up 44.4 per cent compared to last year’s figures.
Notably, foreign investors poured $21.27 billion into 2,591 newly-registered projects and $8.4 billion of added capital into 1,188 existing projects, and foreign investment capital through M&A activities was $5.91 billion, signifying respective increases of 42.3, 49.2, and 38.5 per cent on-year.
In general, in 2017, 115 countries and territories were involved in 19 sectors of the Vietnamese economy. The manufacturing and processing sector ranked first in attracting FDI, with a total of $15.87 billion, equalling 44.2 per cent of the total inflows to Vietnam. The runner-up was the power generation and distribution sector with a total newly-registered and added capital of $8.37 billion, equalling 23.3 per cent of the country’s FDI.
Japan finished as the biggest investor by registering $9.11 billion, making up 25.4 per cent of the total. The runners-up are South Korea with $8.49 billion and Singapore with $5.03 billion.
Ho Chi Minh City retained its first place with $6.5 billion in newly-registered and expanded capital projects, making up 18.1 per cent of the country's total. Bac Ninh ranked second, with an aggregate $3.4 billion. Thanh Hoa ranked third with the total of $3.17 billion.
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