FDI flow to the real estate sector has been increasing steadily in the last five years. There are two special characteristics of capital flow. First, most of the foreign investors registering their projects are from Asia. Second, they have recently begun paying attention to the northern market, especially Hanoi, while they previously mostly targeted the Ho Chi Minh City market. Whether the big FDI capital flow into the real estate sector is good or bad remains a hot topic of debate among analysts. While some believe that Vietnam should focus on attracting FDI to the manufacturing and service sectors which can bring advanced technology and generate added value, others believe Vietnam still needs to continue luring FDI to real estate. Su Ngoc Khuong from Savills Vietnam said foreign capital brings additional resources to Vietnam, thus accelerating growth. Foreign investors, with their experience and relationships, bring Vietnam closer to other developed markets in the region. The capital helps diversify products, so it helps the market develop in a sustainable way. The presence of foreign investors in Vietnam creates a healthy competitive market, thus bringing bigger benefits to customers. The cooperation between Vietnamese and foreign investors will help ease reliance of real estate firms on banks’ capital. Hence, the banking sector can provide capital to fund the projects in many other business fields, including agriculture, manufacturing and service. Commenting about the role of Asian investors in Vietnam, Khuong said the last three years have been witnessing hefty investments from Singapore, Hong Kong… [Read full story]
The Ministry of Planning and Investment's Department for Foreign Investment has reported that newly-registered and adfitional capital of foreign investors have totalled $4.855 billion between January and April this year, which is equivalent to 59.1 percent of last year's same period. By April 20, 2014, 390 new projects were licensed with a total registered capital of $3.22 billion, which is equivalent to 65.4 percent of last year's same period. As many as 140 projects increased their capital by US$1.62 billion, equivalent to 49.7 percent of the same period of the year just gone. The processing and manufacturing industries have seen…... [read more]
Reports from the Foreign Investment Agency under the Ministry of Planning and Investment showed that of the sum, $21.27 billion came from 2,591 new projects, up 42.3 per cent against last year. Another $8.41 billion was added to 1,188 existing projects, 49.2 per cent higher last year. The remainder of the FDI, worth $6.19 billion, came from 5,002 deals made by foreign investors to contribute capital to businesses and to buy shares of Vietnamese businesses, jumping 45.1 per cent compared with last year. The electricity sector attracted US$8.37 billion of FDI capital in 2017. In 2017, FDI disbursement also saw…... [read more]
Illustrative image - Photo: VNA By December 20, there were 2,591 newly licensed projects with the total registered capital reaching US$21.27 billion, a 42.3% increase compared to the same period last year. In addition, 1,188 existing projects were also granted additional capital reaching US$8.41 billion, an annual increase of 49.2%.The processing industry and manufacturing sector continued to attract the largest FDI with registered capital worth US$15.87 billion, accounting for 44.2% of the total registered capital. Of which, there were 955 new projects and 517 projects which were granted additional capital.Manufacturing and the distribution of electricity ranked second with over US$8.37…... [read more]
Of the total, USD 14.5 billion went to 1,844 new projects, while USD 6.75 billion was added to 878 underway ones, and USD 4.16 billion was worth company shares bought by foreign investors.
The MPI revealed that as of September 20, USD 12.5 billion of FDI was disbursed, a rise of 13.4 percent over the same period last year.
Photo: baodautu.vn
Exports of the FDI sector (including crude oil) reached USD 110.8 billion, up 21 percent year on year, and accounting for 71.9 percent of the country’s total export revenue. Meanwhile, the sector’s exports…... [read more]
Foreign direct investment (FDI) in Vietnam reached 33.09 billion USD in the first 11 months of this year, a year-on-year increase of 82.8 percent. The FDI mainly came from new projects, additional investment capital and buying stake, the Ministry of Planning and Investment’s Foreign Investment Agency reported. Specifically, the ministry licensed 2,293 new projects worth 19.8 billion USD, up 52 percent compared with the same period last year. The Foreign Investment Agency estimated foreign direct investment projects disbursed 16 billion USD, up 11.9 percent over the same period in 2016. During the period, the processing and manufacturing sectors received the…... [read more]
