FDI Surpasses US$20 Bln in Jan-Nov
Foreign Direct Investment (FDI) in Vietnam has officially outstripped US$20 billion in 2013, an impressive achievement attained during a hard time facing economies everywhere, said the Ministry of Planning and Investment (MoPI).
According to the MoPI’s updated report, as of November 20, 2013, 1.175 new projects were granted investment licenses with a total registered capital of US$13.779 billion, posting a year-on-year increase of 73.3 percent.
Meanwhile, 446 projects got additional capital of US$7.036 billion, up 26.9 percent against 2012.
In the January-November period, the total amount of newly-registered and additional capital valued US$20.815 billion, jumping 54.2 percent against the same period last year.
Foreign investors have engaged in 18 sectors of which the processing and manufacturing industry drew much attention with 557 newly-registered projects worth over US$16 billion, representing 77.2 percent of total capital.
The electricity, gas, water and air con production and distribution ranked second by attracting US$2.03 billion (9.8 percent of capital); followed by real estate with US$884 million.
In the first 11 months, 54 countries and territories had FDI projects in Vietnam. Japan took the lead with US$5.682 billion (occupying 27.3 percent); followed by Singapore with US$4.2 billion (20.6 percent); the Republic of Korea with US$4.129 billion (19.8 percent).
The northern province of Thai Nguyen was the most attractive FDI destination by luring US$3.357 billion and making up 16.1 percent of total registered capital; followed by Thanh Hoa with US$2.8 billion and Hai Phong with US$2.606 billion.
In the January-November period, around US$10.55 billion of FDI was disbursed, up 5.5 percent against the same period last year.
The FDI sector shipped US$81.16 billion of goods (including crude oil), up 23.5 percent against 2012, which made up of over 67 percent of the country’s total export revenue.
Meanwhile, import of the FDI sector was estimated at US$68.9 billion, representing a year-on-year increase of 26 percent and occupying 56.92 percent of total import volume.
In the first 11 months of 2013, the FDI sector ran a trade surplus of US$12.218 billion while the country faced a trade deficit of US$96 million.
VGP
Vietnamese
