Country absorbs nearly USD18.5 billion of FDI capital in first half
Saturday, 29/06/2019 14:46 (GMT+7)
Vietnam lured USD18.47 billion of newly-registered and added capital, capital contributions and share purchases of foreign investors in the first half of 2019, 90.8% of the same period last year, reported the Ministry of Planning and Investment’s Foreign Investment Agency.
Photo for illustration. (Source: Thanh Nien News)
Specifically; 1,723 new projects were licensed with registered capital of USD7.41 billion, 62.8% of the same period last year while 628 ongoing projects registered an additional capital of USD2.94 billion, 66.2% of the same period last year.
Foreign investors eyed 4,020 capital contributions and share purchases with a total value of USD8.12 billion, a year-on-year rise of 98.1% and making up nearly 44% of the total.
In the six months, disbursement of FDI capital reached USD9.1 billion, a year-on-year increase of nearly 8%.
During the period, foreign investors invested in 19 sectors with the mainly capital poured into processing and manufacturing industry with USD13.15 billion, making up 71.2% of the total.
It was followed by real estate with USD1.32 billion (7.2%) and wholesale and retails with USD1.05 billion (5.7%).
Among 95 countries and territories investing in Vietnam, Hong Kong (China) topped the list with USD5.3 billion, accounting for 28.7% of the total. The Republic of Korea and China ranked second and third, with USD2.73 billion (14.8%) and USD2.29 billion (12.4%), respectively./.
BTA
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