The first 7 months of the year – 65 countries and territories around the world invested in Vietnam

Among the 65 countries and territories that have become investment partners in Vietnam from the beginning of the year until now, the 3 leading partners are Korea, Singapore and Japan respectively. These are all countries from the Asian region, with cultural similarities, and at the same time mA long-standing cooperative relationship with Vietnam in many fields.

Data on foreign investment from the Ministry of Planning and Investment also shows that in the first 7 months of the year, foreign investors invested in Vietnam 1,408 new FDI projects, with a total registered investment capital of 8.695 billion USD, an increase of 25.5% over the same period last year. Along with that, there were 660 projects registered to increase capital, with total additional registered capital reaching 4.245 billion USD, an increase of 125.7% over the same period in 2015.

In the first 7 months of the year, Vietnam attracted an additional 12.94 billion USD, including new and increased registered capital, an increase of 46.9% over the same period last year. Disbursed FDI capital from the beginning of the year until now reached 8.55 billion USD, an increase of 15.5% over the same period in 2015.

Assessing the level of newly registered, increased and disbursed capital in the first 7 months of the year, leaders of the Foreign Investment Department (Ministry of Planning and Investment) said that this is a quite good result, proving that the investment environment in Vietnam has been improved through a series of policies to improve the investment environment of the Government and ministries and branches in recent times. However, according to the forecast of Mr. Nguyen Bich Lam - General Director of the General Statistics Office (Ministry of Planning and Investment): FDI attraction in 2016 will hardly surpass the figure of 23 billion USD in 2015.

The locality attracting the strongest FDI in the first 7 months of the year was City. Hai Phong with 28 new projects and 21 capital increasing projects, with total newly registered and increased capital reaching 1.987 billion USD, accounting for 15.3% of total investment capital. Hanoi capital ranked 2nd with total newly and increased registered capital reaching 1.686 billion USD, accounting for 13%; Dong Nai ranked third with a total registered capital of 1.45 billion USD, accounting for 11.2% of total FDI capital invested in Vietnam from the beginning of the year until now.

Source: Industry and Trade Electronic Newspaper