Japan named as largest foreign investor in Vietnam

Japan, with its investment of 4.808 billion USD, making up 37.2% of this year’s foreign investment in Vietnam, has topped the list of 62 countries and territories investing in the country in the first 7 months of 2017.

Japan, with its investment of 4.808 billion USD, making up 37.2% of this year’s foreign investment in Vietnam, has topped the list of 62 countries and territories investing in the country in the first 7 months of 2017.

Japan named as largest foreign investor in Vietnam

Japan, with its investment of 4.808 billion USD, making up 37.2% of this year’s foreign investment in Vietnam, has topped the list of 62 countries and territories investing in the country in the first 7 months of 2017.

Accordingly, from the beginning of the year, the country has attracted 1,378 newly licensed projects with total registered capital of 12.9 billion USD, which saw a 2.1% drop in the number of projects but a 48.7% increase in registered capital from the same period of 2016.

In addition, 677 projects, which had licensed in the previous years, have added on capital investment of 5.9 billion USD, up by 38.5% against the same period last year, bringing the total newly registered capital and additional capital in the first seven months of 2017 to 18.8 billion USD, up by 45.3% from the same period of 2016.

In the first 7 months, the market has also seen 2,946 transactions worth 3.1 billion USD, in which foreign investors have made contributions to firms or bought shares of firms. As a result, the total registered capital of new projects, projects with additional capital investment and foreign investment in the form of capital contribution and share purchase in the first 7 months reached 21.9 billion VND, a year-on-year 52% increase.

Meanwhile, foreign direct investment (FDI) in the first 7 months was estimated at 9.1 billion VND, up 5.8% against the same period last year./.

VNF/Cand

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