FDI inflow declines but disbursement increases
Total foreign direct investment (FDI) in Vietnam reached nearly US$1.2 billion in the first two months of this year, equivalent to just 77.5% of that in the same period last year.
According to the Foreign Investment Agency's report, capital disbursed in the period increased by 7.1% against last year's same period to reach US$1.2 billion.
Further, during this period, 148 new FDI projects were licensed, with a combined registered capital of US$712.29 million, while 60 existing projects increased their registered capital, being valued at US$480.5 million.
FDI was directed into 13 sectors, in which processing and manufacturing remained the most attractive industry, drawing US$952 million into 65 new FDI projects and 40 existing projects.
Meanwhile, real estate came in second, attracting US$111.43 million in FDI during the period or 9.3% of the total FDI into the country, followed by retail and repairing services, with US$71.22 million.
British Virgin Islands, with US$351.39 million in capital, led 28 countries and territories injecting capital into Vietnam, and accounted for 29.5%, followed by the Republic of Korea and Hong Kong (China).
HCM City was the most attractive destination for FDI among 23 provinces and cities receiving FDI in the first two months of this year, with a FDI inflow of US$497.9 million into the southern hub, accounting for 41.7%.
Also, northern Hai Phong province attracted US$213.86 million in FDI, or 17.9%, ranking the second most attractive destination, as southern Binh Duong province ranked third with US$134.04 million in FDI.
Of note, the FDI sector ran a trade surplus of US$2.03 billion in the period, statistics showed.
Further, during this period, 148 new FDI projects were licensed, with a combined registered capital of US$712.29 million, while 60 existing projects increased their registered capital, being valued at US$480.5 million.
FDI was directed into 13 sectors, in which processing and manufacturing remained the most attractive industry, drawing US$952 million into 65 new FDI projects and 40 existing projects.
Meanwhile, real estate came in second, attracting US$111.43 million in FDI during the period or 9.3% of the total FDI into the country, followed by retail and repairing services, with US$71.22 million.
British Virgin Islands, with US$351.39 million in capital, led 28 countries and territories injecting capital into Vietnam, and accounted for 29.5%, followed by the Republic of Korea and Hong Kong (China).
HCM City was the most attractive destination for FDI among 23 provinces and cities receiving FDI in the first two months of this year, with a FDI inflow of US$497.9 million into the southern hub, accounting for 41.7%.
Also, northern Hai Phong province attracted US$213.86 million in FDI, or 17.9%, ranking the second most attractive destination, as southern Binh Duong province ranked third with US$134.04 million in FDI.
Of note, the FDI sector ran a trade surplus of US$2.03 billion in the period, statistics showed.