FDI inflows into Vietnam surge over seven-month period
VOV.VN - Vietnam attracted more than US$18 billion in foreign direct investment (FDI) during the past seven months of the year, representing an increase of 10.9% against the same period from last year, according to details given by the Foreign Investment Agency (FIA).
Foreign investors registered over US$10.76 billion in new projects in the reviewed period, up 35.6%, while injecting additional capital of nearly US$4.97 billion, up 19.4%. Capital contributions and share purchases fell by 45.2% on-year to US$2.27 billion.
Foreign financiers have injected their capital into 18 out of 21 economic sectors in the country, with the processing and manufacturing industry attracting the largest investment of more than US$12.65 billion, up 15.7% on-year.
The real estate sector ranked second with a total investment capital of over US$2.87 billion, up 78% on-year, followed by the wholesale and retail industry with nearly US$740.5 million and science and technological activities with US$490.6 million.
Singapore topped the list of 91 countries and territories investing in the Vietnamese market with nearly US$6.52 billion in the reviewed period, up 79.1% on-year, followed by Hong Kong (China), Japan, China, and the Republic of Korea.
Most notably, the new emergence of investors from Kyrgyzstan contributed to raising the number of countries and territories injecting money into the nation to 147 so far.
Foreign investors channeled their capital into 48 cities and provinces across the country, of which Bac Ninh took the lead in terms of FDI attraction with nearly US$3.2 billion, Quang Ninh with more than US$1.56 billion, and Ho Chi Minh City with nearly US$1.55 billion.
Meanwhile, the total FDI disbursed nationwide stood at an estimated US$12.55 billion, up 8.4% on-year.
