The General Statistics Office of Vietnam revealed that Vietnam has attracted a total of 20.33 billion USD worth of foreign direct investments in the first half of 2018. Japan, The Republic of Korea and Singapore remain to be the top three countries to invest into Vietnam.

Statistics show that in the first 6 months of this year, 1,366 projects have been granted investment license by the Vietnamese government, accounting for 11.8 billion USD. On the other hand, 507 corporations have their applications processed for investment licenses accounting for 4.43 billion USD. A handful of businesses have purchased a total of 4.1 billion USD worth of investment trusts.

In the first half this year, Vietnam’s manufacturing and post-production industries attracted the highest number of foreign direct investments, totaling to 7.91 billion USD. Investment injected into the real estate industry totaled to more than 5.54 billion USD, accounting for 2nd place for the nation’s total FDI. The consumer and eCommerce industry attracted more than 1.5 billion USD of investments in Vietnam, placing third. More than 87 countries globally invested into Vietnam’s different sectors: Japan leads the list with an investment total of 6.47 billion USD, The Republic of Korea at 5.06 billion USD and Singapore at 2.39 billion USD, taking second and third place, respectively.

The statistics office additionally revealed that Vietnam invested a total of 8.73 billion USD internationally in the first 6 months this year, an increased of 8.4% from the previous year. Exports from Vietnam totaled to 113.93 billion USD, increasing 16% from 2017: exports from foreign corporations accounted for 71% of total number of exports at 80.86 billion USD. Vietnam received a total value of 111.22 billion USD of imports the first 6 months this year, increasing by 10% from the previous year: foreign corporations imports accounts for 58.6% of the total amount of imports at 65.21 billion USD.

Source: Money UDN