Processing and manufacturing industries attract foreign investors New milestones US$38.02 billion is the total amount of registered capital of new FDI projects, increases in the capital of ongoing projects and stock purchases by foreign investors in 2019 – the highest annual result in the past 10 years. Investment registration certificates were granted for 3,883 new projects with total capital of US$16.75 billion, equivalent to 93.2 percent of 2018’s result. Foreign investment in Vietnam is concentrated in 19 economic sectors. In 2019, processing and manufacturing industries topped the list with US$24.56 billion, accounting for 64.6 percent of total registered capital, followed by the real estate sector with US$3.88 billion (10.2 percent), wholesale, retail, science and technology. The 2019 export value of FDI businesses reached US$181.35 billion, a year-on-year increase of 4.2 percent, accounting for 68.8 percent of Vietnam’s total export value. Their import value reached VND145.5 billion, up 2.5 percent compared with 2018 and accounting for 57.4 percent of Vietnam’s total import value. Among 126 countries and territories having investment projects in Vietnam, the Republic of Korea took the lead with registered capital of US$7.92 billion. Hong Kong (China) ranked second with US$7.87 billion, followed by Singapore with US$4.18 billion. In… Read full this story
- Vietnam to create “Miracle on the Red River” with implementation of Doi Moi 4.0
- VIETNAM'S BUSINESS NEWS HEADLINES JULY 3
- Vietnam equity market draw back foreign bettors
- Emerging from the pandemic, Vietnam must position itself for recovery
- Upcoming EVFTA to fortify lenders
- M&A set for a bustling second half
Bright 2020 prospects for foreign investment in Vietnam have 247 words, post on ven.vn at January 24, 2020. This is cached page on Talk Vietnam. If you want remove this page, please contact us.