FDI businesses invest US$8.2 bln in 4 months
(VOV) - Vietnam has attracted more than US$8.2 billion worth of foreign direct investment (FDI) capital in the first four months of this year, up 17 percent on the same period last year.
Of the total, US$4.9 billion came from 341 newly-registered projects, and the remainder was from 121 operational projects that registered to increase their capital, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
FDI projects disbursed US$3.75 billion during the reviewed period, a year-on-year increase of 3.9 percent.
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Foreign businesses focused most of their investment in 18 fields. The processing and manufacturing industries took the lead, attracting a total of US$7.4 billion. They were followed by real estate, retail and wholesale, and maintenance.
The reviewed period’s major projects include the Nghi Son oil refinery project with US$2.8 billion in additional capital, Singapore’s Samsung Electronics Vietnam assembly and manufacturing project in Thai Nguyen province (US$2 billion), and Russia’s Bus Industrial Centre manufacturing and assembly project in Binh Dinh province (US$1 billion).
The FIA said Japan ranked first among 37 foreign investors in Vietnam, pouring US$3.6 billion into the country. Singapore came in second with US$2.3 billion, and Russia was placed third with US$1.1 billion.