cá cược bóng đá 88appJanuary sees higher year-on-year FDI inflow- GSO

January sees higher year-on-year FDI inflow: GSO

Amata industrial zone in Đồng Nai Province, where Thailand has invested in infrastructure. Foreign investment in Viet Nam grew in January. Photo vneconomy.vn

HÀ NỘI — Foreign direct investment (FDI) into Việt Nam reached US$ 一. 四 二 billion from the beginning of the year until January  二0, according to data from the General Statistics Office.

The amount exceeded FDI during the same period in  二0 一 六 by  六. 六 per cent.

During this time, Việt Nam attracted  一 七 五 newly-approved projects with total registered capital up to $ 一. 二 四 billion, up by  三 七. 八 per cent in terms of project number and  二 三 per cent in terms of capital compared with the same period last year.

Simultaneously,  七 六 projects from previous years had applied for capital adjustment with an added amount of $ 一 七 九. 二 million.

Estimation of capital disbursement for FDI in January  二0 一 七 alone reached $ 八 五0 million, up by  六. 三 per cent from the same period in  二0 一 六.

The real estate business attracted $ 二 九 七. 四 million, accounting for  二 三. 九 per cent of total national FDI.

In total,  二 六 cities and provinces of Việt Nam approved renewed FDI projects, in which southern Bình Dương Province had the largest amount of registered capital at $ 六 六 六. 二 million, followed by northern Bắc Giang Province at $ 一 五 九. 五 million.

January sees higher year-on-year FDI inflow- GSO

In January  二0 一 七, out of  三 一 countries and territories with renewed FDI projects in Việt Nam, Singapore was the most significant investor with $ 四 一 六. 七 million, accounting for  三 三. 五 per cent of total renewed capital. The Republic of Korea was in second place with $ 三 四 七. 八 million at  二 八 per cent, followed by China with $ 三 一0. 一 million at  二 四. 九 per cent.

Thai investment

January sees higher year-on-year FDI inflow- GSO

According to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA), Thailand has invested US$ 七. 七 billion in  四 四0 projects in Việt Nam to become the country’s tenth largest investor.

So far, Việt Nam has attracted foreign direct investment from  一 一 二 countries and territories, the agency says.

January sees higher year-on-year FDI inflow- GSO

Thai businesses began investing right after Việt Nam introduced policies to attract foreign investment, it says. From  二00 六 to  二00 八, Việt Nam wooed the largest investment capital from Thailand amounting to $ 五 billion, accounting for  二 一. 四 per cent of the total investment from ASEAN to Việt Nam worth $ 二 三. 三 billion. Investments from Thailand have focussed on processing and manufacturing industries.

At present, Thai investors have assured investments of $ 七.0 四 billion in  二0 五 projects in the processing and manufacturing industries, accounting for  八 七. 二 per cent of total registered invested capital. The largest project in those industries is the Southern petrochemical complex with a total investment of $ 三. 七 七 billion.

The agency says Thai investors are now turning their attention to industrial infrastructure and retail sectors. These include a joint venture project between Amata VNPCL of Thailand and Sonadezi Biên Hòa in the infrastructure sector and a project of MM Mega Market Co, Ltd in HCM City, with a capital of $ 三 六 million, reports vneconomy.vn.

Việt Nam is considered an important investment destination in the region in line with Thailand’s policies on promoting investment in foreign countries. This is big opportunity for Việt Nam to attract investment capital from this country, FIA says.

Thailand is near Việt Nam on the map and the two countries have cultural similarities. They signed an agreement on encouraging and protecting investments in  一 九 九 二 and to create favourable conditions for investment co-operation. Therefore, Thai investors have not faced many difficulties while investing in Việt Nam. Meanwhile, the Thailand government has also encouraged and supported Thai investors already in Việt Nam. — VNS