FDI attraction nearly reaches annual target

August 27, 2013 14:21

According to the report of the Foreign Investment Agency (Ministry of Planning and Investment), in the first 8 months of 2013, the total newly granted and increased investment capital was 12.63 billion USD, an increase of 19.5% compared to the same period in 2012. Thus, the target of attracting FDI for the whole year of 2013 from 13-14 billion USD is within reach.




The industrial, processing and manufacturing sectors still attract much attention from foreign investors.

As of August 20, 2013, the whole country had 769 new projects granted investment certificates with a total registered capital of 7.405 billion USD, an increase of 12.2% compared to the same period in 2012 and 297 projects registered to increase investment capital with a total registered capital increase of 5.22 billion USD, an increase of 31.7% compared to the same period in 2012. Thus, in the first 8 months of 2013, the total newly granted and increased investment capital was 12.63 billion USD.


The sector that attracted the most attention from foreign investors was still the industrial, processing and manufacturing sector with 370 newly registered investment projects; the total newly registered and increased capital was 10.817 billion USD, accounting for 85.7% of the total registered investment capital. The real estate business sector ranked second with the total newly registered and increased investment capital of 588.11 million USD, accounting for 4.7% of the total registered investment capital. The third sector was the professional, scientific and technological sector with 96 new investment projects, the total newly registered and increased investment capital was 334.66 million USD.


Foreign direct investment projects are estimated to have disbursed 7.56 billion USD, up 3.8% over the same period in 2012. However, this figure is still far from the target of 10.5-11 billion USD set for the whole year.


Regarding investment partners, among 47 countries and territories with investment projects in Vietnam, Japan still leads with a total newly registered and increased investment capital of 4.35 billion USD; Singapore ranks second and the Russian Federation ranks third.


With the increase of 2.8 billion USD in investment capital of Nghi Son oil refinery project, Thanh Hoa is the locality attracting the most foreign investment capital with 2.815 billion USD of newly registered and increased capital, accounting for 22.3% of total investment capital. Thai Nguyen ranked 2nd with total newly registered and increased capital of 2.158 billion USD, accounting for 17.1% of registered capital. Bac Ninh ranked 3rd with total newly registered and increased capital of 1.39 billion USD.

Some major projects licensed in the first 8 months of 2013:
- Nghi Son Refinery and Petrochemical Company Limited project (Thanh Hoa) of Japanese investor adjusted to increase investment capital by 2.8 billion USD;
- Samsung Electronics Vietnam Thai Nguyen Company Limited project of Singaporean investor with total investment capital of 2 billion USD to manufacture and assemble electronic products;
- Bus Industrial Center LLC project of Russian investor with total investment capital of 1 billion USD to build a factory to assemble and produce bus spare parts and other support services in Binh Dinh;
- Samsung Electronics Vietnam Co., Ltd. Project
The Nam Co. in Bac Ninh adjusted to increase capital by 1 billion USD;


According to baocongthuong.PH

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FDI attraction nearly reaches annual target
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