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FDI tops $6 billion in four months

Vietnam received as much as $6.886 billion in foreign direct investment (FDI) by April 20, a year-on-year surge of 85 percent, according to the General Statistic Office (GSO).

Vietnam received as much as $6.886 billion in foreign direct investment (FDI) by April 20, a year-on-year surge of 85 percent, according to the General Statistic Office (GSO).

 


Of the total, $5.082 billion came from 697 newly-registered projects and the remaining $1.804 billion was from 314 added-capital projects.

In the first four months of this year, FDI disbursement was estimated to hit $4.7 billion, up 12 percent against the same period last year.

The processing and manufacturing industry attracted the most FDI, with about $5.246 billion, making up 76.2 percent of the total.

The science and technology sector came in second, luring $336.6 million, or 4.9 percent of the total.

The northern port city of Hai Phong topped the country in attracting new FDI projects with $1.591 billion, accounting for 31.3 percent of the period’s total new-registered FDI.

It was followed by Hanoi with $595.5 million, and the southern province of Binh Duong with $329 million.

Among 45 countries and territories that invested in new projects in Vietnam, the Republic of Korea took the lead with $2.480 billion, making up 48.8 percent of total investment from new projects.


VNA

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