VOV.VN - The newly and additionally registered capital poured into Vietnam by foreign investors during the first half of the year has witnessed an upward trajectory, despite a decline in capital contribution and share purchases, according to the Ministry of Planning and Investment (MPI).
Vietnam has been receiving a capital influx from US investors targeting the rising affluent classes, tech-enabled businesses, and flourishing manufacturing industry.
The disbursement rate of public investment capital in 2021 is expected to reach between 95%-100% of the plan assigned by the Prime Minister, according to the Ministry of Planning and Investment.
With total market capitalization value of US$1.45 trillion as of June 21, the cryptocurrency ecosystem has attracted investors but has also been an ideal hiding place for illegal activities.
The agricultural sector has disbursed about VND3.52 trillion (US$152.98 million) of public investment in the first six months of 2021, completing 35.83% of its yearly target, according to the Ministry of Agriculture and Rural Development (MARD).
VOV.VN - Proactive, a financial publication based in the UK, ran an article on June 15 to highlight the Vietnamese stock market recently reaching the milestone of US$1billion daily transactions, thereby making it the second most liquid bourse in Southeast Asia.
The disbursed amount of public investment funded by official development assistance (ODA) in localities in the first five months of this year stood at only over VND1.1 trillion (US$47.9 million), equivalent to just 1.73% of the year’s target, according to the Ministry of Finance (MoF).
In the context of impressive growth of the stock market, many companies have flocked to issue shares to raise capital, but not all achieve the expected result.
Vietnamese firms poured US$546.7 million into overseas projects in the first five months of 2021, more than triple the figure of the same period last year.
The total value of assets under the management of domestic exchange-traded funds (ETFs) has soared by 64% to US$1 billion so far this year, while foreign ETFs increased 12% to US$1.4 billion.