DTiNews
  1. Business

January FDI into Vietnam up nearly 49% year-on-year

Vietnam raked in US$4.3 billion in foreign direct investment (FDI) in the opening month of this year, an increase of 48.6% against the same period last year.

Of this figure, foreign investors registered nearly US$1.29 billion in 282 new projects, a decrease of 43.6% in capital and down 6.6% in project numbers.

They also injected an additional of approximately US$2.73 billion, 6.1 times higher than January 2024, into 137 projects, up 4.6% year-on-year.

The remainder came in the forms of capital contributions and share purchases by foreign investors with total 260 transactions worth US$322.9 million, down 12.2% in number but up 70.4% in value from January 2024.

Foreign financiers injected their capital into 16 out of 21 economic sectors.

Processing and manufacturing took the lead, accounting for the lion’s share of the total registered sum, at 71.3% or US$3.09 billion. They were followed by real estate which registered US$1.09 billion in capital, occupying 23.5% of the total registered sum.

Also in January, 55 countries and territories poured investments into Vietnam. The Republic of Korea was the largest with US$1.25 billion, followed by Singapore with US$1.24 billion.

The foreign investors funneled their capital into 39 cities and provinces across the country, with Bac Ninh leading in FDI attraction with US$1.39 billion. Second and third places went to Dong Nai and Hanoi that lured some US$959 million and US$716.4 million, respectively.

In the reviewed period, around US$1.51 billion worth of FDI was disbursed, up 2% from last year.

Source: VOV
More news
Loading...