10M FDI up slightly

FDI coming into Vietnam in the first ten months of 2021 flowed to 18 industries, with production and manufacturing receiving the most, at 53.7 per cent of the total, according to the Ministry of Planning and Investment (MPI).

There were 1,375 projects granted investment licenses in the period, down 34.5 per cent year-on-year, with registered capital of over $13 billion, up 11.6 per cent. Some 776 projects, down 14.4 per cent year-on-year, added capital of $7.09 billion, up 24.2 per cent, while there were 3,063 instances of paid-in capital for share purchases by foreign investors, totaling $3.63 billion, down 40.6 per cent year-on-year.

Investors came from 97 countries, territories, and regions. Singapore led the way, followed by South Korea and Japan.

Fifty-eight out of Vietnam’s 63 cities and provinces attracted FDI in the period, with Long An receiving the most, followed by Ho Chi Minh City and Hai Phong.

Disbursed capital was estimated at $15.15 billion, down 4.1 per cent year-on-year. Estimated disbursed capital in the ten-month period was down 0.6 percentage points compared to the first nine months.

With Covid-19 being gradually brought under control, the government and relevant agencies have issued many policies and solutions on supporting businesses as well as regulations and guidelines. Analysts believe that capital disbursement will be improved in the months to come as a result.