Sign up | Log in



Home  >>   Daily News  >>Vietnam>>Investment>>Foreign investment surges 52%
NEWS UPDATES Asean Affairs    July 31, 2017  

Foreign investment surges 52%

Viet Nam attracted US$21.93 billion in foreign direct investment (FDI) during the first seven months of this year, a surge of 52 per cent year-on-year, the highest rate since 2011, according to the latest Foreign Investment Agency statistics.

Of the total, $12.92 billion came from 1,378 newly-licensed projects, representing a yearly increase of 48.7 per cent.

Another 677 already-operating projects have registered to increase their capital by more than $5.87 billion, up 38.5 per cent year-on-year.

Foreign investors made 2,946 deals in contributing capital to businesses and buying shares of Vietnamese businesses with total value of $3.12 billion, soaring by 109.7 per cent compared with the same period in 2016.

During January-July, FDI disbursement reached $9.05 billion, up 5.8 per cent against last year’s figure.

Exports of foreign-invested enterprises (including crude oil) are estimated at $83.05 billion, up 20.3 per cent over last year, accounting for 72 per cent of the country’s total export turnover. Excluding crude oil, this figure is $81.26 billion, up 20 per cent.

Imports of foreign-invested enterprises reached $71.35 billion, up 28.1 per cent over the same period in 2016 and accounting for 60.3 per cent of the total import turnover of the country.

Manufacturing and processing industries continued to be the top sector, receiving $10.83 billion of FDI, comprising 49.4 per cent of the total registered FDI.

The sector was followed by the electricity production and distribution sector, with total investment capital of $5.25 billion, accounting for 23.98 per cent of the total FDI. The mining sector took third place, with $1.28 billion, or 5.86 per cent of the total FDI.

Among 98 countries and territories invested in Viet Nam, South Korea remained the leading investor, with $5.62 billion, 25.63 per cent of the FDI pledged to the country. Japan was the runner-up, with $5.46 billion, or 24.92 per cent of the FDI. Singapore followed with $3.8 billion, accounting for 17.3 per cent of the total FDI.

The central province of Thanh Hoa was the most attractive destination to foreign investors, as it received $3.06 billion in FDI, accounting for 15.9 per cent of the total FDI poured into 60 provinces and cities.

The northern province of Bac Ninh was close on its heels with $2.95 billion, or 13.48 per cent of total FDI. The province granted an investment licence to Samsung Display Viet Nam Co Ltd’s $2.5 billion expansion project.

The northern province of Nam Dinh took the third place with $2.2 billion, or 10 per cent of total FDI. Of the estimate, $2.07 billion came from the BOT Nam Định 1 thermal power plant, the largest-ever investment project in Nam Dịnh province. — VNS

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                          July 31, 2017 Subsribe Now !
• Foreign investment surges 52% Subcribe: Asean Affairs Global Magazine
• HDB resale transactions jump 32.5% in Q2, despite prices remaining flat
Deal gives UAE more confidence to invest 
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• VN needs policies to boost digital economy: experts 
• Private home prices down for 15th straight quarter; pace of decline eases
Asean Analysis                  July 31,  2017
• Asean Analysis July 31, 2017
A Dramatic Year Fails to Smooth the South China Sea
Advertise Your Brand

Asean Stock Watch    July 31, 2017

• Asean Stock Watch-July 31, 2017
The Biweekly Update
• The Biweekly Update  July 31, 2017

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

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand