Japan leads Vietnam’s January FDI investors

(VOV) - Japan has topped the list of 17 countries investing in Vietnam in the first month of 2013, with its newly licensed and additional capital totaling US$157.7 million.

Its value made up 56.1 percent of total investment capital injected into the country.

Thailand follows Japan with newly granted and additional capital of US$54.2 million, representing 19.3 percent of the total.

France came in third with its newly granted and additional capital of US$20 million, accounting for 7.1 percent.

Hirokazu Yamaoka, Chief Representative of the Japan Trade Promotion Organisation (JETRO) in Vietnam, said Japan has led the list of foreign investors in Vietnam for two consecutive years and it intends to continue the trend in 2013.

According to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA), FDI disbursement in January is estimated at US$420 million, up 5 percent year-on-year.

As of January 20, the whole country had 37 investment-licensed projects with US$257.1 million in registered capital, up 293.6 percent compared to the same period in 2012.

Nine projects attracted additional capital of US$24.3 million, equal to a 25.2 percent increase on the same period in 2012.

Total newly licensed and additional capital hit US$281.4 million, up 74 percent year-on-year.

The manufacturing and processing industry attracted the most investors out of the eight investment fields. It boasted 21 new projects with newly licensed and additional capital amounting to US$202.9 million, making up 72.1 percent of January’s total capital.  

It is followed by science and technology, attracting US$13.9 million in capital value.

Dong Nai, Haiphong, and Binh Duong are the three most popular destinations for foreign investors. 

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