From 1988 to now, there have been 8, 630 foreign investment project with total USD 82 billion licensed in Vietnam, 7,490 projects of which have been in effect with total capital of USD 67.3 billion, and nearly USD 29 billion of effective capital. According to the Ministry of Planning and Investment, total effective capital of both planned and currently effective projects is USD 40 billion.
It is estimated foreign companies hold 77.2 percent of total projects with 60.7 percent of total capital, joint-venture companies with 19.5 percent of the total projects with 31.2 percent of total capital, and the remaining projects are under partnership companies, joint-stock companies or other capital groups.
Industry investment occupies most with 62.4 percent of the total capital and 66.9 percent of projects, service investment with 31.4 percent of capital and 21.4 percent of projects, and agriculture-forestry-fishery investment with the remaining.
From 1988 to now, Vietnam has attracted investors from 78 countries and regions, of which Asian investors hold 76.5 percent of total projects with 69.8 percent capital, European investors 10 percent of total projects with 16.7 percent of capital and investors from the Americas hold 6 percent of total projects with 6 percent of total capital, including 4.5 percent of total projects with 3.7 percent of total capital from American investors.
Korea, Singapore, Taiwan, Japan and Hong Kong are the countries promising the greatest investment for Vietnam, with 64.1 percent of total projects and 60.5 percent of total capital. Japan is the top-ranking country in terms of effective capital in Vietnam.
The core economic areas in the South are the top locations attracting foreign investment, with 57.2 percent of total FDI and 49.6 percent of total national effective capital, while the North attracts 26 percent of total FDI and 28.7 percent of total national effective capital.
*The top regions in attracting FDI
1. Ho Chi Minh with 21.8 percent of the total capital, 29.1 percent of total projects and 21.9 percent of total effective capital
2. Hanoi with 15.5 percent of the total capital, 11.4 percent of total projects and 12.3 percent of total effective capital
3. Dong Nai with 14.3 percent of the total capital, 10.9 percent of total projects and 14.1 percent of total effective capital
4. Binh Duong with 10 percent of the total capital, 18.4 percent of total projects and 7 percent of total effective capital
5. Ba Ria-Vung Tau with 9.4 percent of the total capital, 1.9 percent of total projects and 4.3 percent of total effective capital. (Source: Economy & Urban)
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