Hong Kong (China) topped the list of 95 countries and territories investing in Vietnam in the January-June period, with a total investment of 5.3 billion USD, making up 28.7 percent of the new foreign direct investment (FDI) inflow into the country.
Close to 54,000 enterprises have registered to begin operations in the first five months of 2019, up 3.2 percent on-year, also the highest number recorded in the period in the past five years.
The inflow of foreign direct investment (FDI) pledged to Vietnam in the first five months of this year hit a four-year high of 16.74 billion USD, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Vietnamese and Chinese enterprises are encouraged to tap into the great bilateral trade potential driven by the two countries’ open trade policies, experts have said.
As many as 43,305 new enterprises with total registered capital of 542.4 trillion VND (32.32 billion USD) were established in the first four months of 2019, up 4.9 percent in the number of firms and 31.7 percent in capital, according to the General Statistics Offices (GSO).
The numbers of newly founded businesses declined in both February and the first two months of 2019, but the average registered capital per firm increased, according to the General Statistics Office (GSO).
The central province of Thua Thien-Hue is striving to attract 15 domestic and foreign investment projects with total registered capital of some 10 trillion VND (428.8 million USD) in 2018.
Capital disbursement of foreign direct investment (FDI) projects stood at 15.1 billion USD as of October 20, up 6.3 percent year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
More than 96,600 new enterprises were founded in the first nine months of 2018 with a total registered capital of 963.4 trillion VND (41.3 billion USD), representing year-on-year rises of 2.8 percent and 6.7 percent, respectively.
Nearly 75,800 new enterprises were established nationwide in the first seven months of the year, with a total registered capital of 771 trillion VND, a year-on-year rise of 3.9 percent in the number of firms, and a 11.6-percent rise in terms of capital.
As many as 64,531 new enterprises have been set up in the first half of 2018 with a total registered capital of 649 trillion VND (28.6 billion USD), up 5.3 percent and 8.9 percent from the same period last year, respectively.
A total of 80,500 workers were registered at newly-established businesses in May, down 24.5 percent year-on-year, according to the General Statistics Office (GSO).
A total of 11,027 businesses with combined registered capital of 104.8 trillion VND (4.61 billion USD) were established in May, according to the Business Registration Management Department under the Ministry of Industry and Trade.
The central province of Thua Thien-Hue attracted 11 investment projects worth nearly 2 trillion VND (87.5 million USD) in the first five months of 2018.
Since the Law on Foreign Investment in Vietnam was passed over 30 years ago (1987-2018), the foreign direct investment (FDI) sector has become a major part of the national socio-economic development.
Vietnam attracted 8.06 billion USD in foreign direct investment (FDI) in the first four months of 2018, equivalent to 76.1 percent of the figure in the same period last year, according to the National Statistics Office.
As many as 14,510 businesses were formed in April nationwide, representing a rise of 80 percent month-on-month, reported the General Statistics Office.
Vietnam and the Czech Republic have substantial potential for investment and trade cooperation in many spheres, heard a workshop in Ho Chi Minh City on April 13.
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