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|Foreign investors remain interested in Vietnam|
According to statistics published by the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment, generally, in the first three quarters of 2018, foreign investors spent a total of $25.37 billion to register new and added capital as well as to contribute capital and purchase shares, which is a 99.6 per cent increase over the corresponding period of 2017.
Notably, as of September 20, 2018, the country granted investment certificates to 2,182 new projects, with $14.1 billion of newly registered capital, down 3 per cent on-year, and 841 capital adjustments with $5.5 billion, 82.1 per cent of the figure from last year.
Meanwhile, overseas players spent $5.7 billion on acquiring shares in Vietnamese companies with 5,275 deals, shooting up 36.8 per cent on-year.
Manufacturing and processing continues to be the most appealing sector by attracting $11.3 billion from January to September, accounting for 44.6 per cent of the total investment inflows. It was followed by real estate trading with $5.8 billion (23 per cent) and retail and wholesale with $2.1 billion (8.3 per cent).
Japan remained the leading foreign investor by pouring $7 billion into Vietnam during the period, making up nearly 28 per cent of the total FDI registered in the country. South Korea ranked second with $5.6 billion (22.4 per cent), while Singapore came next with $3.6 billion (14.4 per cent).
According to the FIA, foreign investors were present in 59 cities and provinces. The capitol lured in the largest share with $5.8 billion, accounting for 22.9 per cent. The southern economic hub of Ho Chi Minh City and the southern province of Ba Ria-Vung Tau were the runners-up with $4.2 billion (16.6 per cent) and $2.1 billion (8.5 per cent).