In detail, Hong Kong led FDI into Vietnam with a total investment of USD4.4 bn, accounting for 40.7% in total. According to the Foreign Investment Agency, as of 20 Mar 2019, it was USD1.8 bn, up 86.2% over the same period in 2018 for a total of new registered capital, increased and capital contribution to buy shares of foreign investors.
About the landscape of investment partners, in the first quarter of 2019, there were 74 countries and territories had been running investment projects in Vietnam. Hong Kong (China) led the board, next were Singapore (USD1.46 bn, accounting for 13.5%) and South Korea (USD1.3 bn, accounting for 12.2%). China (exclude Hong Kong) and Japan ranked fourth and fifth with total registered capital of USD1 bn and USD700 mn respectively.
Look at the FDI’s destinations, the FDI had poured into 49 provinces and cities, in which, Hanoi was the city attracting the most capital with USD4.15 bn, accounting for 38.4% in total. Ho Chi Minh City ranked second with USD1.57 bn, accounting for 14.5% in total. Significantly, Binh Duong ranked third with USD625.6 mn, accounting for 5.8% in total. Accumulated up to 20 Mar 2019, there were 28,125 valid projects with a total registered capital of USD346.5 bn.
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- VDSC