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  • 09/05/2016
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Vietnam's FDI capital rises 85% in four months

The General Statistic Office (GSO) said that as of April 20, the total capital of foreign direct investment (FDI) projects in Vietnam reached about 6,886 million USD, increasing by 85% against the same period of 2015.

Vietnam's FDI capital ries 85% in four months

Of which, 5,082 million USD came from 697 newly-registered projects and the remaining 1,804 million USD was from 314 added-capital projects.

In January-April, FDI disbursement was estimated at 4.7 billion USD, rising by 12% against the same period last year.

The northern port city of Hai Phong led the country in drawing new FDI projects with 1,591 million USD, accounting for over 31% of the total new-registered FDI in the reviewed time.

The runner-up was Hanoi city with 595.5 million USD, and the southern province of Binh Duong with 329 million USD ranked third place.

Among 45 countries and territories that invested in new projects in Vietnam, the Republic of Korea (RoK) topped the largest investors with 2.480 billion USD, making up 48.8% of total investment from new projects.

With about 5.246 billion USD, the processing and manufacturing industry attracted the biggest FDI, making up 76.2% of the total.

The science and technology sector gained the second, drawing 336.6 million USD, accounting for 4.9% of the total. 

(Via: HanoiTimes)

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