Tiếng Việt
Foreign direct investment (FDI) is driving force of Vietnam’s economy. Total foreign investment in Vietnam on 2019 reached 16.75 billion USD. So which countries invest in Vietnam? which areas of the investment are primarily in business?
Read more: 10 Reasons why you should invest in Vietnam
Mục lục
1. Foreign invest in Vietnam
As of 20/21/2019, Vietnam has 3,883 newly granted Investment Registration Certificates (IRC) with total investment capital of 16.75 billion USD. Although the number of investment projects increased by 27.5% compared to 2018, the total capital was only equal to 93.2%.
Investment through capital contribution, purchase of shares/stakes has tended to increase sharply in recent years and accounts for a large proportion of FDI in Vietnam. Investors contribute capital in this form mainly in manufacturing industries.
2. Which countries invest in Vietnam?
There are 125 countries and territories investing in Vietnam in 2019. Including:
– Korea ranked first with 7.92 billion USD, accounting for 20.8% of total investment capital. Which Samsung has invested many years in Vietnam by construct a factory in Bac Ninh and building another factory in Thai Nguyen;
– Hongkong ranked second with 7.87 billion USD. Notably, the deal to buy shares of Vietnam Beverage Company worth 3.85 billion USD accounted for 48.9% of Hong Kong’s investment capital;
– Singapore ranked third with a total capital of 4.5 billion USD, accounting for 11.8% of investment capital;
– The remaining groups include Japan, China, etc.
3. Business investment
Foreign investors invested in 19 sectors on 2019. Which focus on manufacturing industries with a total capital of 24.56 billion USD, accounting for 64.6%. This field also accounting for a large proportion in capital contribution and share purchase.
Real estate ranked second with 3.88 billion USD, accounting for 10.2% of total investment capital. Next is commerce, science and technology.
4. Evaluation of invest in Vietnam
UNCTAD’s World Investment Report 2020 evaluates FDI into Vietnam towards light industry, industrial power, real estate and tourism. Capital inflows into Vietnam continue to affirm that this is one of the most attractive countries for investors in Asia. Ministry of Planning and Investment expects Vietnam become a destination for investors who want to move their projects out of China.
Vietnam is ranked 70 out of 190 countries in the World Bank’s 2020 Business Report. Vietnam Government has made legal reforms to create a transparent and friendly investment environment for foreign investors.