Between January and November of this year, total newly-registered and added capital, as well as share purchases and capital contributions hit $31.8 billion, up 3.1 per cent against the same period in 2018,.
According to a report bay according Ministry of Planning and Investment, total foreign direct investment (FDI) disbursement in the eleven months of 2019 witnessed an on-year increase of 7.2 per cent, reaching $17.69 billion.
As many as 3,478 projects were granted investment certificates, up 28.2 per cent on-year. The total newly-registered capital was estimated at $14.68 billion, equal to 93 per cent of the same period last year.
Besides, 1,256 existing projects were allowed to raise capital by $5.87 billion, up 20 per cent in the number of projects and down 20.7 per cent in capital volume, compared to the same period last year. Almost all capital expansion projects were of a small scale and there was no outstanding capital expansion project of a large scale during the period.
A total of 8,561 share purchases and capital contributions were made by foreign investors with the value of $11.24 billion, up 47.1 per cent and making up 35.4 per cent of the total registered capital. The processing and manufacturing industry took the lead among the 19 sectors attracting FDI with $21.56 billion, followed by real estate ($3.31 billion) and wholesale and retail.
Among the 117 nations and territories investing in Vietnam, Hong Kong (China) ranked first with $6.69 billion. South Korea and Singapore shared the second position with $5.73 billion.
Hanoi maintained its first position in luring FDI with the registered capital sum of $6.82 billion. The runners-up are Ho Chi Minh City, Binh Duong, and Dong Nai.
By Kim Oanh @ VIR