FDI hits nearly US$12 billion in 7 months
  • | VOV | July 30, 2013 08:01 AM

Vietnam attracted nearly US$12 billion in newly and additionally registered foreign direct investment (FDI) capital in the first seven months of 2013, a year-on-year of 19.6%.

According to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA), the processing and manufacturing industries took the lead with 315 foreign-invested projects licensed, totaling US$10.44 billion or accounting for 87.7% of the total.

They were followed by the real estate, and wholesale, retail and repair sectors, with their newly-registered and additional capital of US$580.77 million and US$230.98 million, respectively.

Japan was Vietnam’s biggest foreign investor, injecting US$4.1billion into projects, or 34.4% of the total. Singapore and Russia came in second and third, making up 31.3%, and 8.5% of the total FDI value, respectively.

Thanh Hoa province topped the list of 50 provinces and cities that attracted FDI in the reviewed period, after its Nghi Son Refinery and Petrochemical Complex project registered to increase its capital to US$2.8 billion.

Thai Nguyen province was placed second with a US$2 billion Samsung Electronics Vietnam project invested by Singapore.

Bac Ninh ranked third with Samsung Electronics Vietnam registering to increase its capital to US$1 billion.

The FIA also reported that the country’s seven-month FDI disbursement is estimated at US$6.65 billion, up 6.4% compared to the same period last year.

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