FDI falls in first two months of 2013
FDI falls in first two months of 2013
Newly registered and expanded foreign direct investment (FDI) capital in Vietnam totalled over 630 million USD in January and February, a year-on-year decrease of 61.9 percent.
Statistics released by the Foreign Investment Department under the Ministry of Planning and Investment shows that up until February 20, newly registered FDI was 532 million USD, down 53.9 percent from a year earlier.
There were 31 projects with total expanded capital of 98.3 million USD, or 19.7 percent of those of the same period last year, statistics show.
From January 1 to February 20 of this year, 14 sectors received foreign investment. The processing and manufacturing sectors attracted 44 new projects with newly registered and expanded capital of 408.9 million USD, or 64.9 percent of total capital registered during the first two months of 2013.
Healthcare and social assistance followed with newly registered and expanded capital equivalent to 12.7 percent of total capital.
Japan was the largest investor in Vietnam, with 258 million USD of newly registered and expanded capital, or 40.9 percent of all FDI in Vietnam. Japan is followed by Taiwan (China) and Singapore with newly registered and expanded capital of 81.4 million USD (12.9 percent) and 56 million USD (8.9 percent) respectively.
Southern Dong Nai province attracted the most FDI with 214.35 million USD of newly registered and expanded capital, accounting for 34 percent of total capital. Southern Binh Duong province ranked second and northern Hai Phong province third.
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