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FDI increases 46.9% in the first seven months

01:09 - 24/05/2024

As of July 20, total foreign direct investment (FDI) reached over US$ 12.9 billion, representing a year-on-year increase of 46.9%, according to the General Statistics Office (GSO).

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Of the total, there have been 1.408 newly-licensed FDI projects (up 31.8%) valued US$ 8.7 billion (up 25.5%) against same period of 2015.

Meanwhile, 660 others got additional capital of US$ 4.24 billion.

Total FDI disbursement was estimated at US$ 8.6 billion, posting a year-on-year growth of 15.5%.  

In the January-July period, the processing industry attracted the largest amount of FDI with US$ 5,6 billion, (accounting for 64.7% of total); following by the real estate sector with US$ 986.2 million (11.3%). The rest attracted US$ 2.08 billion, (making up 24% of total).

Investors poured money into new projects across 47 provinces and cities nationwide in the period.

The northern city of Hai Phong topped the country in attracting new FDI projects with nearly US$1.84 billion, accounting for 21.2% of the total newly-registered FDI.

It was followed by Ha Noi, with 10.9%, the southern provinces of Binh Duong (9.2%) and Dong Nai (8.2%).

The Republic of Korea was the largest investor among 58 countries and territories investing in Viet Nam by pouring US$ 3.2 billion (accounting for 37.6%).

The second largest investor was Singapore, with US$ 1,115 million; followed by Hong Kong (China) with US$ 755 million; Chinese Taiwan, with US$ 584.5 million; Japan with US$ 543.8 million; and China with US$ 393.3 million./.

source: chinhphu.vn

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