Fresh FDI surges through capital contribution, share acquisition

Fresh FDI surges over 80 percent through capital contribution and share acquisition in the first six months of year, said the Foreign Investment Agency under the Ministry of Planning and Investment.

Fresh FDI surges through capital contribution, share acquisition

As per statistics of the Agency, in the first six months of the year, foreign investors have made 2,749 transactions to contribute capital and buy shares worth US$4.1 billion, a year-on-year rise of 82.4 percent.

In all, new FDI capital in the month totals $20.33 billion, up 5.7 percent against the same period a year earlier.

Of which, 1,366 fresh FDI projects issued business licenses with total registered capital of $11.8 billion, equal to 99.7 percent compared to same period last year. Additionally, 507 operational projects had the nod to inject an extra $4.43 billion, up 86.2 percent against the year-ago period.

New FDI capital is mainly poured into 17 sectors. The processing-manufacturing sector caught investors’ eyes making up the biggest proportion of capital contributions and share acquisitions with $7.91 billion, which accounts for 38.9 percent of the total registered capital.

The realty estate followed the second rank with investment of $5.54 billion accounting for 27.3 percent of total registered capital. The retail sector ranked third with $1.5 billion accounting for 7.4 percent of total.

Among 86 countries and territories with fresh investment projects in Vietnam in half of the year, Japan took the lead with $6.47 billion (accounting for 31.8 percent of total registered capital), followed by South Korea with $5.06 billion (24.9 percent); and Singapore with $2.39 billion (11.8 percent).

The FDI projects approved this month are in 55 provinces and cities. Among these, Hanoi has the highest volume of $5.87 billion (28.9 percent of total registered capital), followed by Ho Chi Minh City with $3.68 billion (18.1 percent), Ba Ria – Vung Tau province with $1.93 billion (9.5 percent).

By HAN NI – Translated by UYEN PHUONG

Other news

Most view


VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


185 leading domestic & in't enterprises join in VN ETE 2018

The Vietnam Exhibition of Electrical Technology and Equipment (Vietnam ETE 2018) and the Exhibition of Products, Technologies for Energy Saving and Green Power (ENERTEC EXPO 2018) yesterday kicked off in HCMC’s Saigon Exhibition Convention Center in district 7.

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

SAS profits VND 118bln

The Southern Airports Service Joint Stock Company (Sasco) which is listed under code SAS on the Unlisted Public Company Market (UPCoM), announced its second quarter’s financial report with net revenue at VND 634.5billion, an increase of 14 percent compared to last year.