FDI attraction in 2018 achieved nearly $US 35.5 billion, a decrease compared to 2017

The attraction of FDI in 2018 equaled 84.5% over the same period in 2017. Source: Internet.

Thus, the attraction of FDI in 2018 has decreased compared to 2017, in that, newly-registered and additionally registered capital all fell, only the capital contribution and share purchase increased at nearly 60 %.

Specifically, as of 20/12/2018, the whole country has 3,046 new projects granted Investment Registration Certificates with total new registered capital of nearly $US 18 billion, equaling 84.5% over the same period last year 2017.

At the same time, there were 1,169 projects registered to adjust investment capital with total registered capital that increased by $US 7.59 billion, equaling 90.3% compared to the same period in 2017.

Also in 2018, the whole country had 6,496 capital contributions, share purchases of foreign investors with a total capital contribution of $US 9.89 billion, increased by 59.8% over the same period in 2017.

The report of the Foreign Investment Agency also showed that foreign direct investment projects have disbursed $US 19.1 billion, increased by 9.1% over the same period in 2017.

For the export, export in the foreign invested sector including crude oil reached $US 175.5 billion, increased by 12.9% over the same period in 2017 and accounted for nearly 71.7% of export turnover.

The imports reached $US 142.7 billion, increased by 11.6% over the same period in 2017 and accounted for 60.1% of import turnover.

In general, the foreign invested sector achieved a trade surplus of $US 32.8 billion including crude oil, and a trade surplus reached $US 30.5 billion excluding crude oil.