Vietnam Time

12/31/2018 5:29:34 PM

Japan, the biggest foreign investors in Vietnam in 2018

Japan tops the list of 112 countries and territories invested in Vietnam in 2018, with USD 8.59 billion, contributing 24 percent to the nation’s total FDI.

Photo for illustration: Bao Dau Tư

With FDI investment value of USD 7.2 billion and USD 5 billion, making up 24.2 percent and 14.2 percent of the country’s total FDI, Korea and Singapore, respectively are the two runner-up.

In 2018, Vietnam attracted USD 35.46 billion in total foreign direct investment (FDI) in 2018, equivalent to 98.8 percent of the previous year’s figure.

By December 20, FDI commitment for 3,046 newly-licensed projects reached nearly USD 18 billion, equivalent to 84.5 percent of the same period last year, according to a report by the Foreign Investment Agency under the Ministry of Planning and Investment.

The capital city of Hanoi lured the lion share of FDI with USD 7.5 billion or 21.2 percent of the total capital pledged for the country.  It was followed by the southern economic hub of HCM City with 5.9 billion USD or 17 percent, and the northern port city of Hai Phong with USD 3.1 billion, or 8.7 percent./.

  ( VNF )
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