Realised capital of FDI projects up 2% in first two months of 2021

As of July 20, 2022, total newly registered and adjusted capital together with capital contributions and share purchases by foreign investors surpassed 15.54 billion USD in the first seven months of this year, equivalent to 92.93 percent of the same period last year.

Vietnam’s export-import turnover hit 431.94 billion USD in the first seven months of the year, posting a year-on-year rise of 14.8%. The country enjoyed a trade surplus of about 764 million USD in the period.

In the first seven months of this year, five commodities posting export turnover of more than 10 billion USD, making up 58.5% of Vietnam’s export turnover.

Over the last decade, Vietnam has become a top destination for investment in manufacturing – more desirable than other Southeast Asian nations like Indonesia, Malaysia, Thailand, and the Philippines). There are some overarching themes behind the reasons why Vietnam is more attractive to investors than those countries.

Since the start of this year, coffee shipments to Europe, the US and Japan have enjoyed remarkable increases. In the first half of 2022, Vietnam exported nearly 1 million tonne of coffee, raking in more than 2.3 billion USD, up over 23% in volume and nearly 50% in value against the same period of 2021.