FDI disbursement, attraction rise
FDI disbursement, attraction rise
In the first four months of this year the foreign direct investment (FDI) inflow to the country has hit $8.219 billion, a 17pct year-on-year increase.
Meanwhile, while the FDI disbursement has reached $3.75 billion, up 3.9pct compared to the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
As of April 20, Viet Nam has had 341 new FDI projects, capitalising at $4.873 billion, a 14.6pct year-on-year increase and 121 projects registered to add $3.34 billion to their investment, an increase of 20.7pct against the same time last year.
The FDI inflow focuses on 18 industries, particularly processing and manufacturing with 164 new projects and an added capital of $7.413, amounting to 90.2pct of total invested capital.
The real estate sector recorded newly registered and added investment of over $307 million while trade and repairing services attracted more 49 projects with total investment of $127.62 million.
Among 37 countries and territories investing in Viet Nam, Japan remains the biggest foreign investor with total newly granted and additional capital of $3.635 billion, accounting for 44.2pct of the total capital invested in the country.
Singapore, with newly granted and additional capital of $2.331 billion, accounting for 28.4pct of the total capital, is the second while Russia comes third with $1.105 billion, accounting 12.4pct of the total capital.
The most attractive provinces to FDI are Thanh Hoa, Thai Nguyen and Binh Dinh, with $2.8 billion, $2.016 billion and $1.009 billion respectively.
FDI businesses have made a trade surplus of $3.341 billion in the first four months while the country face a trade deficit of $722 million.
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