Vietnam attracts over US$35 billion worth of FDI in 2018

Vietnam posted a total foreign direct investment (FDI) of US$35.46 billion in 2018, equivalent to 98.8% of the 2017 period, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Foreign investors poured their investment in 18 sectors in Vietnam with the largest investment in manufacturing industry, accounting for 46.7% of the total registered capital.
Foreign investors poured their investment in 18 sectors in Vietnam with the largest investment in manufacturing industry, accounting for 46.7% of the total registered capital.

By December 20 this year, as many as 3,046 new projects were licensed with a total registered capital of nearly US$18 billion, equivalent to 84.5% of last year’s total.

In addition, 1,169 projects registered to increase investment capital with total supplemented capital of US$7.59 billion, equivalent to 90.3% of the same period in 2017.

During 2018, Vietnam also reported US$9.89 billion worth of capital contribution and share purchase by foreign investors, an increase of 59.8% over 2017.

Thus, the combined total for newly registered capital, supplemented capital, and capital contribution and share purchase of foreign investors reached US$35.46 billion in 2018.

Meanwhile, approximately US$19.1 billion worth of FDI capital was disbursed in 2018, up 9.1% over the same period last year.

Foreign investors poured their investment in 18 sectors in Vietnam with the largest investment (US$16.58 billion) in the manufacturing industry, accounting for 46.7% of the total registered capital.

Real estate came in second with a total investment of US$6.6 billion, making up 18.6% of the total FDI capital, while wholesale and retail sales ranked third with a total investment of US$3.67 billion, occupying 10.3% of the total FDI capital.

In 2018, 112 countries and territories invested in Vietnam, of which, Japan was the largest investor in Vietnam with a total investment of US$8.59 billion, accounting for 24.2% of the total investment capital. It was followed by the Republic of Korea and Singapore.

The Hanoi locality attracted the largest investment,worth US$7.5 billion, accounting for 21.2% of the total FDI capital.