Vietnam absorbs over 15 billion USD of FDI capital

Sunday, 31/07/2022 15:55
Vietnam attracted 15.41 billion USD in foreign direct investment (FDI) capital in the first 7 months of the year, equivalent to 92.9% compared to the same period last year, according to the Ministry of Planning and Investment.

In which, newly-registered FDI capital reached 5.27 billion USD, a year-on-year decrease of 43.5% in capital; contributed capital to purchase shares reached 2.58 billion USD, up 25.7%; and added FDI capital reached 7.24 billion USD, up 59.3%.


FDI capital rises sharply in the 7 months. (Photo: congthuong.vn)

Explaining why newly registered FDI capital decreased, while additional registered capital increased sharply in the 7 months, the Foreign Investment Agency said that newly registered capital has not fully recovered after measures to prevent and control the COVID-19 epidemic.

In addition, at the same time last year, Vietnam attracted many newly-registered FDI projects with capital scale of over 100 million USD. Meanwhile, many on-going FDI projects increased their capital.

According to the Foreign Investment Agency, in the 7 months, the processing and manufacturing industry continued to absorb the most  FDI capital, with over 10 billion USD, accounting for 64.3% of the total registered FDI capital. It was followed by real estate business, with over 3.21 billion USD, accounting for nearly 20.7% of the total.

As many as 88 countries and territories have invested in Vietnam during the period. In which, Singapore leads with a total investment of over 4.3 billion USD, accounting for 27.7 % of the total. The Republic of Korea ranked second with nearly 3.26 billion USD, accounting for nearly 21% of the total.

Realized investment capital of FDI projects in the 7 months reached 11.57 billion USD, up 10.2% year on year./.

BTA

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