Vietnam attracted a total committed foreign direct investment (FDI) of nearly 8.80 billion as of April 20, 2023, down 17.90 percent year-on-year, according to the Ministry of Planning and Investment.
Of the total, USD5.85 billion was poured into existing projects. An additional USD4.10 billion was committed to 750 new projects, up 65.20 percent on-year.
As many as 386 projects registered to increase investment by nearly USD1.66 billion. There were a total of 1,044 stake purchases by foreign investors, with estimated value at over USD3.10 billion.
Among the 18 sectors receiving FDI during the first four months, the manufacturing sector was the largest recipient of FDI, with USD5.10 billion, accounting for 57.80 of total pledges, followed by banking and finance with over USD1.50 billion, and property trading with nearly USD 972 million.
Of the 77 countries and territories investing in Vietnam during the period, Singapore was the largest foreign investor with nearly USD 2.20 billion, equivalent to nearly one fourth of the total figure.
Japan came second with nearly USD2 billion, up nearly three times compared to the same period last year.
China came third with nearly USD 752 million, down 30 percent on-year. Other large investors included Taiwan (China), Hong Kong (China), and the Republic of Korea.
Source: dtinews.vn