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

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.