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2020: Nearly USD 30 billion of FDI into Vietnam

29/12/2020

According to statistics from the Ministry of Planning and Investment, as of December 20, the total foreign investment capital in Vietnam reached USD 28.5 billion, a decrease of 25% compared to 2019.

According to the Ministry of Planning and Investment, under the impact of the Covid-19 epidemic, the realized investment capital of foreign investment projects in 2020 will decrease compared to 2019, but the rate of reduction has improved.

Many foreign-invested enterprises are gradually recovering and maintaining their production and business activities and expanding projects.

The highlight in 2020 is that the adjusted investment capital to reach over USD 6.4 billion, an increase of 10.6% over the same period in 2019, although the number of projects registered for adjustment would decrease by 17.5%.

However, the number of newly registered projects decreased by 35%, the total capital also decreased by 12.5% ​​to USD 14.6 billion. In this context, foreign investors have 6,141 times of capital contribution for share purchase with a total value of USD 7.5 billion, a decrease of 51.7%.

Thus, to date, the total value of newly registered capital, adjusted capital and capital contribution or share purchase by foreign investors reached USD 28.53 billion, equivalent to 75% as compared to the same period in 2019.

There are 112 countries and territories investing in Vietnam in 2020, of which Singapore leads with a total capital of nearly USD 9 billion, accounting for 31.5%, followed by South Korea, China, Japan, Taiwan and Hong Kong.

Notably, the foreign investment sector saw a trade surplus of USD 34.6 billion, including crude oil, offset the trade deficit of USD 15.6 billion of the domestic sector, helping the economy with a trade surplus of nearly USD 19 billion.

 

Kylie Nguyen

© 2019 Vietnam Bank for Agriculture and Rural Development No. 2 Lang Ha street, Ba Dinh district, Hanoi, Vietnam
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