(LDO)- A series of FDI projects with huge investment capital have entered Vietnam since the early days of 2021, in which many investors in the technology field are interested in Vietnam.

According to the Foreign Investment Department (Ministry of Planning and Investment), the total foreign investment capital into Vietnam in January 2021, including newly registered capital, adjusted registered capital and value of capital contribution, purchase shares of foreign investors is more than 2 billion USD.

Foreign enterprises have invested in 14 industries and fields, of which the processing and manufacturing industry leads with a total investment of nearly $1.54 billion, accounting for 76.4% of the total registered investment capital. .

Notably, in the first months of 2021, there have been many "big" FDI projects invested in localities of Vietnam, notably in Hai Phong, Bac Giang, Quang Ninh, Dong Nai...

Transport infrastructure has contributed to attracting FDI investment in Vietnam - Photo: Minh Phong

According to the Ministry of Planning and Investment, 33 countries and territories have invested in Vietnam, of which Singapore leads with a total investment of 680.7 million USD, accounting for 33.8% of total investment capital. China ranked second with total investment capital of 618 million USD, accounting for 30.6% of total investment capital. Hong Kong ranked third with a total registered investment capital of 221.3 million USD, accounting for nearly 11% of total investment capital. Followed by the US, the Netherlands, Korea, etc.

Proof that Singapore is the country with the largest investment capital in Vietnam is that on February 5, the Management Board of Quang Ninh Economic Zone awarded the Investment Certificate for the Lioncore Vietnam factory project with total investment of 30 million USD.

The project is invested by Singapore Lioncore Industries Company. The factory is located in Dong Mai Industrial Park, Quang Yen town (Quang Ninh province) with the main production activity being Vinyl Tiles/Plank floor panels, with a capacity of nearly 14 million m2 products/year. It is expected that by the end of December 2021, the project will complete construction items and officially go into production.

It is expected that in the first quarter of 2021, the Management Board of Quang Ninh Economic Zone will also guide investors to complete the preparation procedures and issue Investment Certificates for 6 new investment projects and 1 investment project. adjusted to increase investment capital with a total registered capital of over 200 million USD. These projects are all in the field of processing and manufacturing industry in line with the province's strategic orientation.

In Hai Phong, in the early days of February 2021, the City People's Committee also awarded the Investment Registration Certificate of LG Display Hai Phong Project to LG Display Vietnam Hai Phong Co., Ltd with an investment capital of 750 million USD. This is the first large-cap FDI project in the new year 2021.

Hai Phong grants investment certificates to foreign investors in the early days of February 2021

LG Display Hai Phong project is invested by LG Display Co., Ltd of Korea LG Group. The project is implemented in Trang Due Industrial Park. This is the additional investment capital adjusted from the total investment capital of 2.5 billion USD previously invested. The project goal is to expand the production of OLED TV screen products, plastic OLED screens for devices, LCD screens...

In Dong Nai province, in the first 13 days of 2021, this locality has attracted 11 FDI projects, including 3 newly granted projects, 8 capital increase projects with a total capital of more than 226 million USD. This is the highest number compared to the same period about the past 5 years.

Previously, at the end of the middle of January 2021, Bac Giang awarded investment certificates for 4 "terrible" projects. Specifically, the People's Committee of Bac Giang province awarded the investment certificate of the Fukang Technology factory project to the representative of Foxconn Singapore PTE Ltd in Quang Chau Industrial Park (IZ), with a registered capital of 270 million USD on the 18th. -first. This is one of the factories producing iPhones, iPads and MacBooks for Apple with a production scale of about 8 million products per year.

In addition, Bac Giang has awarded investment certificates to 3 FDI projects investing in electricity and electronics in the area. It is the Ja Solar PV VN photovoltaic cell technology project invested by Ja Solar Investment Company (Hong Kong) Limited, with a registered capital of 210 million USD. Risesun New Material VN factory project is invested by Risesun Investment Pte.Ltd (Singapore), with a registered capital of about 75 million USD. And the Kodi New Material VN factory project is invested by Risesun Investment Pte.Ltd (Singapore), with a registered capital of about 6 million USD.

According to the assessment of the Ministry of Planning and Investment, in the trend of investment shifting in the world, Vietnam is an attractive destination, attracting investors' attention. Vietnam has many advantages such as political stability, macroeconomic stability, geographical location, environmental conditions, human resources... Infrastructure of industrial parks, export processing zones and economic zones The economy in the country continues to be improved and upgraded to welcome investment capital flows.

In that context, localities have been very proactive in implementing solutions to attract investment, focusing on selecting technology enterprises in accordance with Resolution 50 of the Politburo on priority policies. projects with advanced technology, new technology, high technology, clean technology, modern management, high added value, spillover effects, connecting global production and supply chains.

It can be mentioned that Hai Phong aims to attract investors in association with 3 economic pillars: high-tech industry, seaport-logistics, tourism-trade. In order to attract investment selectively, with quality, potential, with advanced and environmentally friendly technology, Hai Phong has been reviewing and adjusting the planning of economic zones and industrial zones in the area. , ensure proactively clean land fund, focus on mobilizing enterprise resources to develop technical infrastructure of industrial parks.

In addition, this locality also focuses on grasping the situation, promptly removing difficulties and obstacles in the project implementation process, contributing to creating a favorable and attractive business and investment environment for investors. Investors.

Minh Chien

Source: Nguoi Lao Dong Newspaper