(MPI) - As of the end of November, the total new and additional investments, and capital contributions and share purchases of foreign investors reached 31.4 billion USD, a year-on-year rise of 1%.

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Foreign investors poured about 17.39 billion USD in 3,035 new projects, up 0.7% in capital and 1.6% in number of projects, as compared to the same time last year.

Meanwhile, 1,350 projects saw capital adjustment with a total of over 9.93 billion USD, up 12.9% and 40.7% year-on-year, respectively.

Foreign investors also spent about 4.06 billion USD into 3,029 capital contribution and share purchase, down 39,7% and 7% as compared with the same period last year, respectively.

Foreign firms invested in 18 out of the 21 economic sectors, of which the processing and manufacturing industry led with total investment capital reaching nearly 20.2 billion USD, making up 64.4% of the total and down 8.7% from the same period last year.

It was followed by real estate business, with a total investment of 5.63 billion USD, accounting for 17.9% of the total and up 89.1% year-on-year; wholesale and retail, and electricity production and distribution with about 1.37 billion USD and 1.12 billion USD, respectively.

It is also worth noting that the wholesale and retail was the sector with the largest number of newly-registered projects (35.3%) and capital contributions and share purchases (42.4%). The processing and manufacturing industry led in additional capital (64.4%).

Vietnam attracted investments from 110 countries and territories in the eleven-month period, with Singapore topping the list, having nearly 9.14 billion USD, making up of 29.1% of the total and growing 53.7% year-on-year. South Korea came second with over 3.89 billion USD, making up 12.4% of the total investment, and down 9% year-on-year. Followed by China, Hong Kong (China), Japan and so on.

Regarding the number of projects, China led in terms of number of new projects (accounting 28.3%); South Korea led when it comes to turns of capital adjustment (22.4%) and capital contributions and share purchases (25.0%).

The foreign businesses invested in 55 provinces and cities nationwide in the first eleven months this year. Bac Ninh led in FDI attraction with 5.04 billion USD, making up 16% of the total and 3 times higher than the figure of previous year. Quang Ninh ranked second with 2.29 billion USD, accounting 7.3% of the total and down 26.3% year-on-year. Ho Chi Minh City ranked third with 2.28 billion USD, accounting for 7.3% of the total. Followed by Hai Duong, Ha Noi, Binh Duong, and so on.

Ho Chi Minh City was the best performer in attracting new projects (or 42.3%), additional investment (14.7%) and capital contributions and share purchases (70.9%).

By the end of November, disbursement of FDI projects were estimated at about 21.68 billion USD, up 7.1% year-on-year.

Export, including crude oil, was estimated at about 265.6 billion USD, up 14.2% year-on-year, accounting for 72% of export turnover. Export (excluding crude oil) was about 263.9 billion USD, an increase of 12.3% from a year earlier, accounting for 71.5% of the country’s export turnover.

Imports of the foreign-invested sector attained 220.4 billion USD, an increase of 15.6% over the previous period and accounting for 63.7% of the country’s import turnover.

The FDI sector saw a eleven-month trade surplus of 45.2 billion USD including crude oil and more than 43.5 billion USD excluding crude oil, while the domestic sector had a trade deficit of 22.1 billion USD./.

Bao Linh

Ministry of Planning and Investment