FDI capital inflow to Vietnam rises sharply in two months

Friday, 24/02/2017 17:19
Vietnam lured 313 new projects with a registered capital of more than USD2.028 billion from start of the year to February 20th, a year-on-year rise of 6.5%, according to the latest figures of the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).

Photo for illustration/ (Source: VNA)

As many as 137 ongoing projects registered an additional capital of USD759.51 million during the period, down 15.5% from a year earlier.

Although capital inflow to Vietnam rose sharply, FDI projects only disbursed USD1.55 billion during the period, up 3.3% from the same period last year.

According to FIA, Singapore topped the 61 countries and territories investing projects in Vietnam with USD881.6 million, making up 25.8% of the total FDI capital in Vietnam. It was followed by China (USD721.7 million) and the Republic of Korea (USD637.1 million).

Binh Duong lured the most FDI capital with USD791.2 million, accounting for 23.22% of the total. Following it was Hanoi (USD519 million) and Ho Chi Minh city (USD464.2 million)./.

 

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