Six-month FDI inflows up 13% year on year

Sunday, 30/06/2024 10:34
Foreign businesses injected nearly US$15.19 billion worth of foreign direct investment (FDI) into the Vietnamese economy in the first six months of 2024, representing a year-on-year rise of 13.1%, according to the General Statistics Office.
Photo: VOV 

There were 1,538 newly invested projects with a total registered capital of US$9.54 billion, up 18.9% in the number of projects and up 46.9% in capital over the same period last year.

As many as 592 projects registered to add more than US$3.95 billion in capital, up 35% year on year.

Nearly US$1.7 billion was generated from share purchase and contributions by foreign businesses, down 57.7%.

Also in the first 6 months of the year, about US$10.84 billion worth of FDI capital was disbursed, an increase of 8.2% over the same period in 2023.

Among 84 countries and territories investing in Vietnam in the reviewed period, Singapore was the largest investor, pouring nearly US$5.58 billion, making up nearly 36.7% of total investment capital into Vietnam, and representing a year on year rise of 86%.

It was followed by Japan, Hong Kong (China), the Republic of Korea and China.

However, China was the leading investor in the number of new projects, accounting for 29.1% of the total FDI projects in Vietnam.

FDI businesses invested in 48 provinces and cities across the country, with Bac Ninh topping the list. The northern province, about 50km from capital Hanoi, attracted nearly US$2.58 billion, making up nearly 17% of the total investment capital of the country, and more than 3.1 times higher than the same period last year.

It was followed by Ba Ria – Vung Tau, Quang Ninh, Hanoi, Hai Phong and Ho Chi Minh City./.

CPV (Source: VNA)