Although the amount of registered and disbursed FDI capital was
lower than the same period in 2019 due to the influence of Covid-19, the
reduction has been significantly improved.
The latest report of the Foreign Investment Department (Ministry
of Planning and Investment) shows that, as of November 20th 2020, the total
newly registered capital, adjusted and contributed capital to buy shares of
foreign investors reached 26.43 billion USD, equaling 83.1% compared to the
same period in 2019. The realized capital of foreign direct investment projects
was estimated at 17.2 billion USD, equaling 97.6% compared to the same period
in 2019.
Also according to the report, the processing and manufacturing
industry is still the field attracting foreign capital, when there are 12.7
billion USD invested in this field, accounting for 48.2% of total registered
investment capital. The field of electricity production and distribution ranked
second with total investment capital of over 4.9 billion USD, accounting for
18.7% of total registered investment capital. Followed by the real estate
business, wholesale and retail with a total registered capital of nearly 3.8
billion USD and 1.5 billion USD.
In terms of investment partners, Singapore is leading with a total
investment of nearly 8.1 billion USD, accounting for 30.6% of total investment
in Vietnam; Korea ranked second with a total investment of 3.7 billion USD,
accounting for 14% of total investment capital. China ranked third, with a
total registered investment capital of 2.4 billion USD, accounting for 9.1% of
total investment capital. Followed by Japan, Taiwan, Thailand…
In terms of the number of new projects, Korea ranked first (573
projects); China ranked second (311 projects); Japan ranked third (251
projects); Hong Kong ranked fourth (164 projects)…
Commenting on the foreign investment situation, the Foreign
Investment Department assessed that, due to the impact of the Covid-19
pandemic, production and business activities were affected, the implemented
investment capital of foreign investment projects in 11 months, although
decreasing compared to the same period in 2019, but the decrease rate has
improved. Many FDI enterprises are gradually recovering, maintaining good
production and business activities, creating momentum for faster growth in the
last months of 2020.
Considering the strong decline in global investment due to the
effects of the Covid-19 pandemic, this result is better than many other
countries, demonstrating Vietnam’s attractiveness in the eyes of international
investors.
The Foreign Investment Department forecasts that there are still
many foreign investors who are interested, confident and want to invest in
Vietnam. But due to the influence of Covid-19, the movement of investors, as
well as new investment decisions and the expansion of the scale of foreign
investment projects, continue to be affected.
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