Highlights of FDI in the first 8 months of 2019: Real estate ranked second

A quick report on the situation of foreign investment in the first eight months of 2019, the Foreign Investment Agency (Ministry of Planning and Investment) said that the total newly registered capital, adjusted and contributed capital to buy shares of investors. FDI reached 22.63 billion USD, equaling 92.9% as compared to the same period in 2018. Implemented capital of foreign direct investment projects was estimated at 11.96 billion USD, increasing 6.3% over the same period of 2018.


2.31 billion USD of FDI "poured" into real estate in the first 8 months.


Accordingly, there are 2,406 new projects granted investment registration certificates, an increase of 25.4% of the projects compared to the same period in 2018. Total newly registered capital of US $ 9.13 billion, equal to 67.7% compared to the same period in 2018.


Regarding the adjustment of capital, there were 908 times of projects registered to adjust investment capital, increasing 23.4% as compared to the same period in 2018. The total adjusted registered capital was nearly 4 billion USD, equaling 71.4% over the same period. In the first eight months of 2019, the scale of adjustment expanded capital of small projects, there is no project to increase the capital as large as in the same period in 2018.


For capital contribution and share purchase, there were 5,235 times of capital contribution and share purchase by foreign investors with a total value of capital contribution of US $ 9.51 billion, increasing 80% over the same period in 2018 and accounting for 42% of total registration capital.


According to the field of investment, foreign investors have invested in 19 sectors, of which investment is concentrated in the field of processing and manufacturing industry with a total capital of 15.74 billion USD, accounting for 69.6% of total registered investment capital.


Real estate business ranked second with total investment capital of 2.31 billion USD, accounting for 10.2% of total registered investment capital. Wholesale and retail field ranked third with total registered investment capital of nearly 1.19 billion USD, capturing 5.2% of total registered investment capital.


According to investment partners, there are 103 countries and territories having investment projects in Vietnam. Hong Kong leads with a total investment of 5.63 billion USD (of which, 3.83 billion USD to buy shares in Vietnam Beverage Co., Ltd. in Hanoi), accounting for 24.9% of total investment.


South Korea ranked second with a total investment of 3.48 billion USD, accounting for 15.4% of total investment capital into Vietnam. Singapore ranked third with a total registered investment capital of 3.27 billion USD, accounting for 14.5% of total investment capital. China and Japan ranked fourth and fifth respectively with total registered capital of 2.78 billion USD and 2.34 billion USD.


By investment area, foreign investors have invested in 56 provinces and cities, of which Hanoi attracted the most foreign investment with a total registered capital of US $ 5.66 billion, accounting for 25% of the total investing capital. Ho Chi Minh City ranked second with a total registered capital of 3.86 billion USD, accounting for 17% of total investment capital. Binh Duong ranked third with a total registered capital of 1.95 billion USD, accounting for 8.6% of total investment capital.


According to Minh Thu