Vietnam absorbs over 19 billion USD of FDI capital in 8 months

Saturday, 28/08/2021 09:54
(CPV) - As of August 20, 2021, the total newly-registered capital, adjusted capital and contributed capital to purchase shares of foreign investors reached 19.12 billion USD, equivalent to 97.9% of the same period last year, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).

Photo for illustration. (Source: VNA)

The agency said 1,135 new projects were granted investment licences during the period, an increase of 36.8% against the same period last year. However, total registered capital was up 16.3% to nearly 11.33 billion USD. 

About 640 ongoing projects had their capital increased up by a total of nearly 5 billion USD, up 2.3% year on year.

Meanwhile, capital contributions and share purchases by foreign investors fell 43.4% to 2.81 billion USD.

In the 8 months, implemented capital of foreign projects in Vietnam hit 11.58 billion USD, a rise of 2% year on year.

According to FIA, adjusted investment capital rebounded after a slight decrease in 7 months (up 2.3%). Newly-registered investment capital continued to increase against the same period last year and achieved stronger increase than the first 7 months of the year (up 16.3%).

Foreign investors invested in 18 sectors, with processing and manufacturing attracting the largest amount, with 9.3 billion USD, or 48.4% of the total FDI inflow over the past 8 months.

Power generation and distribution followed with nearly 5.5 billion USD, while real estate attracted 1.6 billion USD and wholesale and retail sales 734 million USD.

Of 92 countries and territories investing in Vietnam during the period, Singapore took the lead with more than 6.2 billion USD, followed by Japan with over 3.2 billion USD and the Republic of Korea (RoK) with 2.4 billion USD./.

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