FDI exports hit USD39.34 billion in first quarter

Thursday, 29/03/2018 22:21
Total newly-registered, increased and contributed capital to buy shares reached an estimated USD5.8 billion in the first quarter of 2018, 75.2% of the same period last year, according to Ministry of Planning and Investment’s Foreign Investment Agency.

Photo for illustration. (Source: baodautu.vn)

As of March 20th, disbursement of foreign-invested projects was estimated at USD3.88 billion, a year-on-year rise of 7.2%.

Exports of foreign direct investment (FDI) areas, including crude oil, posted USD39.34 billion in the three months, increasing by 22.8% or accounting for 72.4% of total export turnover.

Meanwhile, imports hit USD31.75 billion, rising by 13.7% or accounting for 59% of total import turnover.

In total, the foreign-invested area enjoyed a trade surplus of USD7.59 billion (including crude oil) or USD7.08 billion (excluding crude oil).

So far, the country has had 618 newly-licensed projects with total registered capital of USD2.12 billion, equal to 72.7% the figure a year earlier, and 199 projects registering for increased capital worth USD1.79 billion, 45.4% that of the same period last year.

Among 76 countries and territories pouring capital into Vietnam in the three months, the Republic of Korea topped the list with capital of USD1.84 billion, 31.6% of the total. It was followed by Hong Kong (China) with nearly USD689 million (11.9%) and Singapore with USD649 million (11.2%)./.

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