HCMC leads FDI attraction in 2017

Illustration photo

Out of the total register capital, the amount of disbursement was US$ 172.35 billion, equivalent to 54% of value of total valid projects. 

Foreign investors invested in 19 out of 21 sectors of which processing and manufacturing was the most attractive one with US$ 186.1 billion or 58.4% of total investment; followed by real estate with US$ 53.1 billion (16.7% of total investment); production and electricity distribution with US$ 20.8 billion (6.5%). 

Out of 125 countries and territories doing business in Viet Nam, the Republic of Korea was the biggest investor with US$ 57.66 billion (or 18.1% of total); followed by Japan with US$ 49.46 billion (15.5%); Singapore, Taiwan, British Virgin Island, and Hong Kong. 

Foreign investors were present in all 63 provinces and cities of which HCMC was the biggest FDI recipient locality with US$ 44 billion (accounting for 13.8%); Binh Duong took the second with US$ 30.18 billion (9.5%); Dong Nai with US$ 27.34 billion (8.6%); Ha Noi with US$ 27.28 billion (8.5%). 

In December, total amount of newly-registered capital, additional capital, and share purchase capital was US$ 35.88 billion, representing a year-on-year growth of 44.4%. FDI disbursement was estimated at US$ 17.5 billion, up 10.8%. 

The FDI sector earned US$ 155.24 billion in export turnover, up 23% against the same period last year, making up 72.6% of export revenue. 

The sector imported US$ 126.44 billion of goods, up 23.4% against the same period last year, occupying 59.9% of import turnover. 

Accordingly, the FDI sector ran a trade surplus of US$ 28.8 billion (including crude oil) or US$ 25.9 billion (excluding crude oil)./.

By Kim Loan