Sign up | Log in



Home  >>   Daily News  >>   Vietnam News  >> Economy  >> Manufacturing continues to lead nation's FDI charge
NEWS UPDATES Asean Affairs   26 August 2013  
Manufacturing continues to lead nation's FDI charge

Vietnam:Foreign investors poured a total of US$12.63 billion in Viet Nam during the past eight months, an increase of 19.5 per cent over the same period last year.

The Foreign Investment Agency (FIA), under the Ministry of Planning and Investment, reports that as of August 20, nearly 770 new projects were licensed, representing registered capital of over $7.4 billion, a year-on-year increase of 12.2 percent.

At the same time, 296 projects contributed an additional $5.22 billion in capital, 31.7 per cent higher than the previous period.

The FIA says foreign investment was funnelled into 18 industries, of which processing and manufacturing took the lead with 370 projects worth $10.817 billion, accounting for 85 percent of total foreign investment capital.

The real estate sector ranked second with more than $588 million, representing 4.7 percent of the total flow.

Japan is the largest of Viet Nam's 47 foreign investors with $4.35 billion (34.5 percent of the total), followed by Singapore ($3.78 billion, 29.9 per cent) and Russia ($1 billion, 8.1 percent).

Foreign businesses have invested in 50 cities and provinces across the country, not including offshore oil projects.

With an additional $2.8 billion in investment for the Nghi Son oil refinery, the central province of Thanh Hoa received the largest amount of FDI (an increase of 23.3 percent).

It was followed by the northern mountainous province of Thai Nguyen with $2.185 billion, while the Red River Delta province of Bac Ninh came third with $1.39 billion.

FDI disbursement in the period stood at $7.560 billion, up 3.8 percent from last year.

The FDI sector's export earnings surged 21.7 per cent against last year's level to more than $7.56 billion, accounting for 66.1 per cent of the country's total export revenue.

It imported $48.297 billion worth of goods, again representing 66.1 per cent of the national total and up 25.1 percent on 2012.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories    26  August 2013 Subsribe Now !
• Tablet sales volume in Vietnam surged by 233 percent in first half of 2013: GfK Subcribe: Asean Affairs Global Magazine
• Transparency and Integration Will Drive Singapore’s Economic Future Asean Affairs Premium
• Singapore's Supreme Court hosts ASEAN chief justices meeting
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Banking growth target ‘reachable'
• Manufacturing continues to lead nation's FDI charge
• Maybank IB eyes Cambodia, Laos capital markets
• ADB: Manufacturing is key to becoming high-income economy
Asean Analysis           23 August 2013 Advertise Your Brand
• Asean Analysis- August 23, 2013
Engagement in the Indo-Pacific: The Pentagon Leads by Example
• Asean Analysis- August 23, 2013
Singapore's future way/challenge towards a society of happiness
• Asean Weekly:The Biweekly Update 23 August 2013
Asean Stock Watch     23 August  2013
• Asean Stock Watch-August 23, 2013 

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand