FDI capital into real estate sector in 7 months reached 1.61 billion USD

Based on local reports and data collected up to present time, the Foreign Investment Department (Ministry of Planning and Investment) indicate that in the first 7 months of 2012, registered capital to Vietnam reached 8.03 billion USD, accounting for 66.9% over the same period in 2011.

In particular, up to July 20th 2012, there were 584 projects with a total registered capital of 5.2 billion USD, accounting for 55.9% over the same period in 2011. At the same time, there are 231 turns of projects registered to increase investment capital with total registered capital increase of 2.83 billion, up 5.2% over the same period in 2011.

Also in the first 7 months of 2012, it is estimated that FDI projects have disbursed 6.25 billion USD, accounting for 99.2% over the same period in 2011.

Processing industry, manufacturing attracted the attention of foreign investors with 258 newly registered projects, the total number of new and additional capital is 5.50 billion USD, accounting for 68, 5% of the total registered capital in 7 months.

Real estate sector ranked 2nd with 7 new registed projects, a total of new and additional capital is 1.61 billion USD, accounting for 20.1% of investment capital.

The 3rd place is the field of wholesale and retail, repair, with 102 newly registered projects, total investment capital for new and additional reach 314.2 million USD, accounting for 3.9%. Next is the transportation sector, warehousing, healthcare and social assistance with a total of new and additional registered capital is 198.1 million USD and 83.8 million USD respectively.

Upto 20/7, Binh Duong is the province that attract FDI the most with 1.8 billion USD, accounting for 27.6% of total investment. Dong Nai ranked 2nd with total registered capital of 956.8 million USD, accounting for 18.1%. Hai Phong ranked 3rd  with 897.6 million USD.

Meanwhile in 7 months, Vietnam has 49 countries and territories with investment projects. Japan leads with a total investment of 4.29 billion USD, accounting for 53.4% ​​of total investment in Vietnam

FDI export sector, including oil and gas, in the first 7 months of 2012 is expected to reach 39 billion USD, increase by 36.6% over the same period in 2011 and accounting for 62% of net export. Meanwhile, imports of this area as of July 2012 reached 32.9 billion USD, increase by 25.3% over the same period in 2011 and accounting for 52.2% of net import.
(Source: VnEconomy)

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