2018: New expectation for Vietnam’s FDI attraction prospects

Updated at Tuesday, 02 Jan 2018, 16:49 The Hanoitimes – 2018 is expected to be a breakthrough year for Vietnam’s effort in attracting foreign direct investment (FDI). Vietnam has been a successful story in attracting huge FDI in 2017, with total registered capital of 36 billion USD and disbursement rate of 17.5 billion USD. This is a big achievement and far exceeded expectation in the beginning of 2017, considering the FDI to Vietnam in the last few months of 2016 was slowing down. Many experts considered this as a consequence of a potential breakdown of the Trans Pacific Partnership (TPP).    In 2018, Vietnam will put priority on high quality projects, with an aim to make positive impact to the economic development In the first two months of 2017, FDI to Vietnam was 1,588 billion USD and 1,769 billion USD respectively, a slight increased compared to the same period of last year. However, things changed in March 2017 with the first billion-dollar project getting approved, namely the Samsung Display project with additional capital of 2.5 billion USD. Within this month, total registered capital, including newly approved, added and shares purchase with an increase of 4.3 billion USD, taking the total registered capital in Quarter I 2017 to 7.71 billion USD, up 91.5% compared to the same period of last year. Since then, FDI to Vietnam has been on the growing trend and reached the peak in June, with over 7 billion USD from foreign investors. In November, at the APEC…

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