Of which, the newly registered capital reached USD 5.5 billion, a year-on-year increase of 45%, including USD4 billion of investment in the Bac Lieu liquid natural gas (LNG) project. The quarter has seen nearly 240 registrations, with total additional capital of only USD 1.07 billion, equal to 82% of the same period last year.
Electricity production and distribution is the most attractive sector with USD4 billion of investment capital, accounting for 47.5% of the total registered investment capital. The manufacturing and processing industry ranked second, with USD2.72 billion, accounting for 32% of total registered investment capital.
According to economic experts, the COVID-19 outbreak is having a major impact on the investment activities of foreign investors, leading to a decrease in both the number of FDI projects and the capital amount. However, disbursed investment capital still reported well, reaching USD3.85 billion, presenting 93.4% compared to the same period last year./.