Situation investment cooperation between Vietnam and Africa

Up to now, Vietnam has 11,807 foreign-invested projects (FDI) granted investment licenses with a total registered capital of U.S. $ 188.3 billion. In total 91 countries and territories investing in Vietnam, Africa is 6 countries and territories investing in Vietnam with 13 projects, total investment of $ 11.48 million. The average size of a project under $ 2 million, this rate is relatively low compared with the national average rate is: $ 16 million / project.Investment by the country:
There were six countries and regions of Africa have direct investment in Vietnam. Led by the Republic of Seychelles has two projects with a total capital of U.S. $ 6 million, Morocco has two projects with a total registered capital of U.S. $ 2 million, Nigeria to invest in Vietnam 5 but registered capital projects only $ 1.2 million, Guinea Bissau 1 project with a total investment capital of U.S. $ 1.19 million, Maurice has 1 projects with a total registered capital of U.S. $ 1 million and South African investment into Vietnam 2 projects with a total registered capital of U.S. $ 79.7 trillion.
Investment by sector:
African countries' investment in Vietnam is mainly distributed in 5 main areas: the head of the manufacturing and processing industry with 5 projects, with a total registered capital of U.S. $ 9.19 million accounted for 38, 5% of the projects and 80.1% of total investment, followed by the wholesale and retail sector repair has 4 projects, with an investment of $ 1.2 million, the scientific field of professional activity technology has two projects totaling $ 1.02 million, two investment projects in two areas accommodation and catering services; communication and information.
By venue:
African countries to invest in Vietnam mainly on the local good infrastructure, convenient transportation and travel, including: Vinh Phuc, Dong Nai, Binh Duong, Ho Chi Minh City, Tra Vinh province Quang Nam.
Vinh Phuc Province has one project with a total investment of U.S. $ 5 million, then the Dong Nai province has 2 projects totaling $ 2.1 million, Binh Duong 2 project with a capital investment of $ 2 million, followed by Ho Chi Minh City has six investment projects with total registered capital of U.S. $ 1.23 million, Tra Vinh province and Quang Nam each province has one investment project.
- A large number of investment projects of African countries into Vietnam:
- Industrial Projects Ltd. Cheng Dian Vietnam specializing in manufacturing and processing of products in the field of industrial springs with a total registered capital of U.S. $ 5 million by the company Create Smooth Investment Ltd of the Republic of Seychelles is granted on 08/2/2010 locations performed in Vinh Phuc province.
- Project CN painted Best Products Co., Ltd. specializes in producing synthetic paints and solvents with a total registered capital of $ 1.19 million by the company Tsai Hung Ming - Guinea Bissau Guinea Bissau. Licensed investment on 08/3/2002 execution site in Dong Nai province.
- Project production company Ltd Sun Metallury specialized sx processing all kinds of products in slabs, ingots of aluminum, with total registered capital of U.S. $ 1 million by marketing companies ZXCHEM Limited of the Republic of Seychelles. Investment on 21/07/2009 licensed locations conducted in Dong Nai Province ....
- Partnerships Vietnam - Africa:
To strengthen cooperation in the areas of professional and promote a positive role, active in international cooperation August 17, 2010 at the new National Convention (My Dinh, Hanoi), the Ministry of Public Trade in cooperation with other ministries, agencies and related businesses organized into thematic sessions: "Cooperation in trade, industry, energy and investment between Vietnam and other countries in Africa".
In this thematic session focused group discussed three main topics: trade and industrial cooperation; energy cooperation; investment cooperation. The opinions stated in thematic sessions highlighted the significance of the theme of cooperation, reviewing the cooperation between Vietnam and African countries since the first meeting, special emphasis to the areas of: commercial, industrial, energy and investment.
Delegates Vietnam and African countries also evaluate the results achieved, the need to continue to implement activities; opportunities and challenges, propose one solution initiatives to promote cooperation in the fields of concerned, determine the priority areas in the action plan in the coming period as well as strengthen ties between Vietnam and African partners and international organizations.
In the framework of the thematic session on "Cooperation commercial, industrial, energy and investment" at the International Conference on Vietnam Africa 2nd on 17/8/2010. On behalf of the Ministry of Planning and Investment, Deputy Director of the Foreign Investment Department, Trung has all the speeches. "Experience attract foreign investment into Vietnam and Vietnam's overseas investment."

 The situation of the Vietnamese investment to Africa
Up to now, Vietnam has 518 investment projects in 52 countries and territories, with a total registered investment capital of over U.S. $ 8.4 billion. In Vietnam alone investment into Africa now has 13 projects in seven countries and territories in Africa, with total registered capital of U.S. $ 777.4 million. In particular, the head of the capital investors is Angeri, with 01 investment projects in the oil and gas sector with a total investment of 562 million USD; followed by Madagascar has 01 projects in the oil and gas sector with total investment $ 117.3 million; Camaroon have 2 projects with a total investment of $ 42.7 million; Tunisia has one project with a total investment of $ 33.2 million; Congo has one project with a total investment of $ 15.3 million; Angola has six projects with total registered capital of $ 5.3 million and South Africa have one project with a total investment of nearly $ 0.95 million.


African countries have huge potential for cooperation with Vietnam in the fields of agriculture, forestry and fishery products; industrial crops; exploration and mining; development of energy resources; development of infrastructure; construction of food processing plants, food and consumer goods production. This is an opportunity to invest enormous cooperation between Vietnam and other countries in Africa in the near future.