Country lures USD1.42 billion of FDI capital in first month

Wednesday, 08/02/2017 18:14
In January 2017, Vietnam lured 175 new FDI projects with a total capital of USD1.244 billion, a year-on-year rise of 23%, reported the Ministry of Planning and Investment’s Foreign Investment Agency.

Photo for illustration. (Source: dantri.com.vn)

Of this, processing and manufacturing attracted the most capital with more than USD1 billion, occupying 65.5% of the total. It was followed by real estate business with USD310 million (20%), and wholesale and retail with nearly USD90 million.

Capital from Singapore topped the list at nearly USD500 million, in which some USD300 million was poured in Vietnam –Singapore III Industrial Zone in Binh Duong and USD124 million was invested in Tetra Pak Binh Duong Joint Stock Company. Following it was the Republic of Korea and China.

In addition, 76 ongoing projects registered an additional capital of USD179.2 million. On the whole, newly-registered and added FDI capital reached nearly USD1.42 billion, up 6.6% over a year earlier.

Disbursed capital posted an estimated USD850 million, a 6.3% increase from last year./.

 

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