Seven months: Country lures some USD13 billion of FDI capital

Saturday, 30/07/2016 09:56
As of July 20th, 2016, Vietnam had 1,408 FDI projects licensed with a total registered capital of USD8.69 billion, up 31.8% in number of projects and 25.5% in capital over a year earlier, reported the General Statistics Office.

Processing and manufacturing industry occupied the biggest FDI capital. (Photo: baovinhphuc.vn)

Concurrently, 660 ongoing projects registered an increased capital of more than USD4.2 billion.

With this, total registered capital of newly-licensed and operating FDI projects reached more than USD12.9 billion, a year-on-year rise of 46.9%. Implemented capital of the FDI projects was estimated to reach USD8.6 billion, up 15.5% from the same period last year. 

In the seven months, processing and manufacturing industry occupied the biggest FDI capital of more than USD5.6 billion, 64.7% of the total newly-licensed capital, while real estate business absorbed USD986.2 million, making up 11.3%. The remaining sectors posted nearly USD2.1 billion, accounting for 24%.

Hai Phong attracted the biggest FDI capital of over USD1.8 billion, making up 21.2% of the country’s total newly-licensed capital, followed by Hanoi at USD950.1 million (10.9%) and Binh Duong at USD803.3 million.

From the start of the year, the Republic of Korea was the biggest FDI investor of Vietnam, providing 37.6% of the country’s total newly-licensed capital. It was followed by Singapore with USD1.1 billion (12.8%), Hong Kong-China with USD755.3 million (8.7%), Taiwan-China with USD584.5 million (6.7%)./.

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