FDI disbursement hits over 2.5 million USD in first two months

Tuesday, 28/02/2023 15:00
As of February 20, disbursed capital of FDI projects in Vietnam reached an estimated 2.55 billion USD, a year-on-year decrease of 4.9%, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
Vietnam had 261 new projects licensed in the first 2 months of the year. (Photo: vneconomy.vn)

The total newly registered capital, adjusted and contributed capital to buy shares, buy capital contribution of foreign investors reached nearly 3.1 billion USD, down 38% year on year.

Specifically, 261 new projects were licensed with a total registered capital of 1.76 million USD, up 42.6% in number of projects and 2.8 fold in capital compared to the same period last year.

As many as 133 ongoing projects increased their capital by nearly 535.4 million USD, down 63% in number of projects and down 85.1% in capital, while 440 projects contributed capital to buy shares, buy capital contributions of foreign investors with a total value of nearly 797.9 million USD.                                                           

Foreign investors invested in 17 sectors out of a total of 21 national economic sectors. In which, the processing and manufacturing industry took the lead with a total capital of more than 2.17 billion USD, accounting for 70.1% of the total. It was followed by real estate with nearly 396.9 million USD (12.8%), wholesale and retail with some 202.1 million USD and transportation and warehousing with nearly 141.9 million USD.

During the reviewed period, 51 countries and territories poured capital into Vietnam. Specifically, Singapore took the lead with over 978.4 million USD, making up 31.6% of the total. It was followed by Taiwan (China) with 407.1 million USD (13.1%), and the Netherlands with 369 million USD (11.9%).

Foreign investors have invested in 39 provinces and cities across the country. Bac Giang topped the list with a total registered capital of more than USD 824.3 million, accounting for more than 26.6% of the total.

Regarding projects, Ho Chi Minh City took the lead in terms of new projects (39.5%), number of adjusted projects (21.8%) and capital contribution to buy shares, purchase of contributed capital (69.3%)./.