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FOREIGN INVESTMENT AGENCY - MINISTRY OF PLANNING AND INVESTMENT

INVESTMENT PROMOTION CENTER FOR CENTRAL VIETNAM

Review of FDI into Central Vietnam in the first 3 months of 2020

Foreign investment situation in the first 3 months of 2020

According to report of the Foreign Investment Agency (FIA) - Ministry of Planning and Investment, foreign direct investment (FDI) in the first 3 months of 2020, there were758newly-registered projects with capital reached US$ 5.5 billion, increase to 44.8% with the same period of last year, the additional registered capital reached US$ 1.07 billion, equal to 82% with the same period of last year.

By sectors: The production and distribution of electric, gas, water sector ranked 1stwith the total registered investment capital of  US$ 4 billion, accounting for 47.5% of the registered capital, The processing, manufacturing sector ranked 2nd with US$ 2.72 billion,  accounting for 31.9% of the registered capital, Next are  the wholesale, retail business, real estate business sector ranked 3rd with US$ 682million and US$  264 million.

By partners: There were87 countries and territories investing in the first 3 months of 2020, Singaporeleading source of FDI with US$ 4.54 billion, accounting for 53.1%; followed by the Japan with aboutUS$ 846.7 billion, accounting for 9.9%;  and China with US$ 815.6billion, accounting for 9.3%.

By areas:Among 55 localities, Bac Lieu lured the largest FDI in the first 3 months of 2020, with 01 large project of US$ 4 billion, accounting for 46.8% of the total FDI registered in the country.Ho Chi Minh city and Tay Ninh were the runners-up with over US$1 billion or 12.3% and US$ 506.8 million or 6%, respectively.

FDI into Central Vietnamin the first 3 months of 2020

In the first 3 months of 2020, 07/13provinces in Central Vietnam have attracted 45 new projects with the registered capital of over US$ 126.3 million, equal to 35.49% with the same period of last year

FDI into Central Vietnam in the first 3 months of 2020

Resource: IPCC, FIA

No.

Province

No of project

Total registered capital (USD)

1

Da Nang

34

 73,615,726

2

QuangNgai

1

 20,000,000

3

Quang Nam

4

 19,050,000

4

ThuaThien Hue

3

 7,380,000

5

DakLak

1

 4,052,247

6

Lam Dong

1

 2,000,000

7

Phu Yen

1

 215,000

Total (Central Vietnam)

45

 126,312,973

Central Vietnam(3.2019)

44

 355,906,743

The whole country (Vietnam)

758

 5,531,469,280

Central Vietnam s compared withsame period of 2019

102.27%

35.49%

Central Vietnam s compared with Vietnam

5.94%

2.28%

 

Da Nang ranked first (US$ 73.6million of registered capital, accounting for 58.28%), followed byQuangNgaiaboutUS$ 20million of registered capital, accounting for 15.83%, and Quang Namwith US$ 19.05 million of registered capital, accounting for 15.08%.

There were 14 countries and territories investing into Central Vietnamin the first 3 months of 2020, led by the South Koreawith 13 new projects and total registered investment capital of US$ 70.36million (accounting for 55.70%), the second was Malaysia with the total registered investment capital of US$ 20 million.

FDI into Central Vietnam in the first 3 months of 2020 (by partners)

No.

Partners

No of project

Compare to Central Vietnam

Total registered capital (USD)

Compare to Central Vietnam

1

Korea

13

28.89%

      70,360,068

55.70%

2

Malaysia

1

2.22%

      20,000,000

15.83%

3

Singapore

1

2.22%

      15,000,000

11.88%

4

Hong Kong

4

8.89%

        8,138,247

6.44%

5

USA

5

11.11%

        6,274,814

4.97%

6

Japan

6

13.33%

        2,464,869

1.95%

7

France

1

2.22%

        1,880,200

1.489%

8

China

5

11.11%

1,597,655

1.265%

9

Holand

1

2.22%

           215,000

0.17%

10

Canada

2

4.44%

           140,000

0.11%

11

Germany

2

4.44%

           105,120

0.08%

12

United Kingdom

2

4.44%

             65,000

0.05%

 

13

 

Macao

 

1

 

2.22%

             50,000

 

0.04%

14

Ireland

1

2.22%

             22,000

0.02%

Total

(14 countries and territories)

     45

 

126,312,973

 

In the first 3 months of 2020, The processing and manufacturingsector retained its position as Central region’s leading source of FDI with 01 new projects and registered investment capital of US$ 98.3million, accounting for 77.82% of total registered capital, The accommodation and dining services sector ranked 2nd with 7 new projects and registered investment capital of US$ 15.35 million, accounting for 12.16% of total registered capital.

FDI into Central Vietnam in the first 3 months of 2020 (by sectors)

No.

Sectors

No of project

Compare to Central Vietnam

Total registered capital (USD)

Compare to Central Vietnam

      1

The processing and manufacturing

7

15.56%

        98,294,500

77.82%

      2

The accommodation and dining services

7

15.56%

        15,356,080

12.16%

      3

Wholesale, retail, repair

8

17.78%

          4,832,247

3.83%

      4

The information and communication

10

22.22%

          2,358,898

1.87%

      5

Agriculture, forestry and fisheries

1

2.22%

          2,000,000

1.58%

      6

The technique, scientific and technological activities

8

17.78%

          1,868,196

1.48%

      7

Construction

1

2.22%

              939,400

0.74%

8

Medical and social assistance activities

1

2.22%

600,000

0.48%

      9

Education and training

2

4.44%

                63,652

0.05%

 

TOTAL

45

 

126,312,973

 

From 1988 to 2020, up to now this region has attracted 1636 FDI projects with total registered capital of over US$ 25.7billion, accounting for 5.17% of  the number of projects and 6.95% of the registered capital as compared with the whole country. Among them, Central Key Economic Zone has attracted 1306 projects with total registered capital of over US$ 18.4 billion (71.48% of the whole region).

FDI into Central Vietnam 1988 –3.2020

No.

Province

No of project

Total registered capital

Total registered capital (USD)

Compare to Central Vietnam

1

QUANG NAM

220

         6,150,839,196

23.93%

2

DA NANG

807

         5,577,544,707

21.70%

3

KHANH HOA

113

         4,294,083,904

16.71%

4

THUA THIEN HUE

123

         3,845,728,228

14.96%

5

PHU YEN

49

         1,990,162,958

7.74%

6

QUANG NGAI

67

         1,895,228,251

7.37%

7

BINH DINH

89

            903,541,688

3.52%

8

LAM DONG

104

            514,901,952

2.00%

9

DAK LAK

18

            202,568,550

0.79%

10

DAK NONG

14

            152,068,485

0.59%

11

QUANG TRI

18

              83,585,389

0.33%

12

KON TUM

9

              80,079,025

0.31%

13

GIA LAI

5

              12,170,995

0.05%

Total (central Vietnam)

       1,636

       25,702,503,328

 

The whole country (Vietnam)

     31,665

     370,050,576,966

 

Central Vietnam compare with Vietnam

5.17%

6.95%

 

Hong Loan – IPCC


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