FDI hits nearly 14 billion USD despite COVID-19 storm
Monday, 31/05/2021 15:08 (GMT+7)
As of May 20, 2021, the total value of newly registered capital, adjusted capital and capital contribution or share purchase of foreign investors reached nearly 14 billion USD, a year-on-year rise of 0.8%, reported the Ministry of Planning and Investment.
Vietnam attracts nearly 14 billion FDI in the first five months. (Photo: congthuong.vn)
During the period, disbursed FDI capital hit 7.15 billion USD, an increase of 6.7% year on year.
Regarding registered capital, the processing and manufacturing industry takes the lead with a total capital of 6.14 billion USD. It was followed by power generation and distribution (5.43 billion USD), real estate (1.05 billion USD), and wholesale and retail sales (522 million USD).
In the five months, nearly 8.83 billion USD went to 613 new projects, up 18.6%, while 3.86 billion USD was added to 342 existing projects, up 11.7%.
Capital contributions and share purchases by foreign investors fell 56.3% to 1.31 billion USD.
The ministry reported that the number of new projects being granted investment licences was down 49.4% year-on-year.
Among 70 countries and territories investing in Vietnam during the period, Singapore led with 5.26 billion USD, followed by Japan with more than 2.59 billion USD and the Republic of Korea (RoK) with 1.83 billion USD.
The Mekong Delta province of Long An lured the most FDI, with 3.35 billion USD). It was followed by Ho Chi Minh city (1.34 billion USD) and Can Tho city (1.32 billion USD)./.
BTA
Tags: