Manufacturing main source of Vietnam’s FDI

For the first eight months of 2018, Manufacturing sector continued attracting most of foreign funds to Vietnam

Vietnam has attracted $24.35 billion registered foreign direct investment (FDI). Foreign investors mostly allocated funds into Manufacturing sector ($10.7 billion), followed by Real Estate ($5.9 billion) and wholesale/retail ($1.9 billion). Out of the total registered FDI, $13.5 billion was dispersed in more than 1,900 projects (a modest growth of 0.2% compared to 2017). Also, additional $5.5 billion of investment came into more than 700 existing projects (down 12.8% y-on-y).

[Vietnam saw one of its strongest PMI indexes in July 2018]

[Foreign retailers keep eyeing Vietnam]

Biggest investment projects in Vietnam in 2018

1 -- Japan-led smart-city project in Hanoi ($4.1 billion)

2 -- South Korean company Hyosung Corporation was allowed to produce polypropylene and build a liquified natural gas (LNG) storage in Ba Ria - Vung Tau ($1.2 billion)

3 -- Laguna Vietnam’s resort and casino expansion project in Hue ($1.1 billion)

4 -- LG’s additional investment for production of camera modules ($0.5 billion)

[Japanese corporations to build a smart town in Vietnam]

[Vietnam became Japanese investors favorite market in ASEAN]

Largest FDI recipients

1 -- Hanoi ($5.9 billion)

2 -- Ho Chi Minh City ($4.4 billion)

3 -- Ba Ria - Vung Tau ($2.2 billion)

Main sources of FDI (in terms of capital)

1 -- Japan ($7 billion)

2 -- South Korea ($5.2 billion)

3 -- Singapore ($3.5 billion)

[Japan leads the investment wave in the first half of 2018]

Foreign-invested companies exported goods and service with the total value of $109 billion, while importing $91 billion.

Original source


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