FDI Disbursement Increases Slightly
The country's foreign direct investment (FDI) capital disbursement in the first five months of the year inched up 0.4 percent against the same period last year to US$4.6 billion.
This announcement was made by the Ministry of Planning and Investment's Foreign Investment Agency on May 26.
However, registered capital in the period declined 34 percent to US$5.51 billion.
The figure also revealed that of the total, US$3.67 billion went into 500 newly licensed projects, while 167 existing projects added US$1.84 billion to their capital.
The manufacturing and processing sectors took the lead in attracting FDI capital, with 254 new projects at US$3.92 billion, accounting for 71.2 percent of the total.
The construction sector ranked second with 49 projects, with a total investment of US$463.17 million, accounting for an 8.4 percent share, followed by the property trading sector, with 9 projects worth US$399.33 million (7.2 percent), and the health care and social support sector, with US$225.93 million.
Of the 38 countries and territories investing in Vietnam in this period, the Republic of Korea was the largest investor, with both newly registered and additional capital totalling US$1.31 billion or a 24 percent share, followed by Hong Kong, Japan and Singapore, with US$629.9 million, US$588.6 million and US$513.3 million, respectively.
The southern province of Binh Duong topped the list of FDI destinations, attracting US$813.59 million, accounting for 14.8 percent of the country's total, followed by HCM City, with US$775.62 million, and Dong Nai, with US$579.74 million.
FDI firms in the first five months fetched US$39.45 billion from exports, up 17.1 percent against the same period last year, accounting for 67 percent of the country's total export value. In this period, the firms had spent US$32.55 billion for imports, up 11.4 percent, accounting for 57 percent of the country's total import revenue.
CPV
Vietnamese
