Country absorbs some USD20 billion FDI capital in first half

Thursday, 29/06/2017 08:04
Total newly-registered and increased capital, and capital contributions and share purchase, reached USD19.22 billion in the first half of 2017, a year-on-year rise of 54.8%, reported the Ministry of Planning and Investment’s Foreign Investment Agency.

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Specifically, as of June 20th, the country has had 1,183 newly-licensed projects with a total registered capital of USD11.83 billion, up 57.9% over a year earlier.

In addition, 549 projects adjusted their investment with an increased capital of USD5.14 billion, up 35.8% compared to the same period last year, and capital contribution and share purchase were valued at USD2.24 billion, a year-on-year rise of 97.6%.

Over the past six months, foreign investors poured capital into 18 sectors, in which processing and manufacturing industry attracted the most FDI capital with USD9.48 billion, accounting for 49.3% of the total. It was followed by electricity production and distribution (5.25 billion) and mining (USD1.28 billion).

94 countries and territories had investment projects in Vietnam during the period, with Japan taking the lead with USD5.08 billion, occupying 26.45% of the total. The Republic of Korea ranked second with USD4.95 billion and Singapore stood at third place with USD3.48 billion./.

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