Foreign direct investment (FDI) disbursement in Vietnam between January and April was estimated at around USD5.92 billion, up 7.6 percent on-year.
According to the Ministry of Planning and Investment (MPI), in the first four months of this year, Vietnam attracted a total of around USD10.8 billion in FDI. Of the figure, USD3.7 billion came from 454 newly-licensed projects, USD5.29 billion was capital increases in 323 existing projects and the remainder was from the capital contribution and share purchases by foreign investors.
The MPI reported that the newly-registered capital represented an on-year fall of 56.3 percent, but the capital increase in existing projects and the capital contribution and share purchases of foreign investors saw a rise of 92.5 percent and 74.5 percent respectively.
During the period, FDI was pumped into 44 cities and provinces in Vietnam. Binh Duong topped the list with USD2.35 billion, followed by Bac Ninh with USD1.57 billion and HCM City with USD1.28 billion.
The processing and manufacturing sector absorbed the lion’s share of FDI with USD6.2 billion. The real estate sector came second with USD2.8 billion. It was followed by the wholesale and retail and science and technology sectors.
Singapore was the lead investor with USD3.1 billion, followed by South Korea with USD1.82 billion and Denmark with USD1.32 billion.
Vietnam sees FDI disbursement rise
Foreign direct investment disbursement in Vietnam between January and April was estimated at around USD5.92 billion, up 7.6 percent on-year.
Source: dtinews.vn
