A half of about US$3.4 billion of registered FDI capital disbursed in the first two months

Accordingly, in the first two months of 2018, the total registered FDI capital is USD3.34 billion, equaling 98.2 per cent of the same period of 2017.

As of February 20, 2018, there were 441 investment projects licensed with a total registered capital of US$1.39 billion, equivalent to 68.6 per cent over the same period last year.

A total number of 133 projects increased their capital by approximately US$700.3 million, equaling 92.2 per cent of the same period of 2017 and 873 ones contributed and purchased shares worth US$1.25 billion, a year-on-year increase of 102.5 per cent.

In the first two months of 2018, the country has 873 capital contributions and share purchases of foreign investors with a total capital contribution of $ 1.25 billion, up 102.5% over the same period of 2017.

Foreign investors have invested in 16 industries, of which processing and manufacturing industry took the biggest share of FDI flows, followed by construction and real estate.

South Korea topped 60 countries and territories investing in Vietnam. The British Virgin Islands (BVI), a British overseas territory, and Singapore ranked the second and third, respectively.

Ho Chi Minh City led in FDI attraction, followed by Binh Duong province and Ninh Thuan province.

In January and February, FDI firms’ export turnover (including crude oil) reached US$23.96 billion, an increase of 21.8 per cent year-on-year and accounted for 71.3 per cent of Vietnam’s export turnover. Export turnover excluding crude oil reached US$23.56 billion, up 22.6 per cent year-on-year and amounted to 70.1 per cent of the country’s export turnover.

Import turnover of FDI firms was estimated at US$19.2 billion, a 14.5 per cent increase over the same period last year and accounted for nearly 59 per cent of import turnover of Vietnam in the first two months, 2018.