Attracting US$ 23 billion in FDI

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	Paradox: FDI enterprises expand investment while having losses
	Changes needed to attract next-generation FDI

FDI sector had a trade surplus of US$ 18.67 billion including crude oil and US$ 16.9 billion excluding crude oil: D.Lam

Accordingly, in the first 7 months of 2018, 1,656 new projects were granted investment registration certificates with total newly registered capital of US$ 13.2 billion, up 2.2% over the same period of 2017, and 627 times of projects that were adjusted capital investments with total additional capital of US$ 4.95 billion, equivalent to 84.2% compared to the same period in 2017.

Also, 3,331 times of capital contributions and share purchases of foreign investors with a total value of US$ 4.79 billion, up 53.3% over the same period of 2017.

Hence, in the first 7 months of 2018, total newly registered capital, additional capital and contributed capital and share purchases of foreign investors was US$ 22.94 billion, increasing by 4.6% compared to the same period in 2017. It is estimated that FDI projects disbursed US $ 9.85 billion, increasing by 8.8% compared to the same period in 2017.

The statistics from the Foreign Investment Agency has shown that in the first 7 months of 2018, the FDI sector’s export turnover including crude oil reached US$ 95.13 billion, up 14.6% compared to the same period in 2017, and accounting for 71.2% of export turnover. Export turnover excluding crude oil reached US$ 93.36 billion, increasing by 14.9% compared to the same period in 2017 and accounting for 69.8% of export turnover.

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In the first 7 months of 2018, the FDI sector had a trade surplus of US$ 18.67 billion, including crude oil and US$ 16.9 billion excluding crude oil.

Japan ranked top investor in Vietnam with total capital investment of US$ 6.88 billion, accounting for 30% of the total capital investment. South Korea ranked second with total registered capital of US$ 5.46 billion, accounting for 23.8% of total capital investment in Vietnam.