2.5 billion USD in FDI disbursed in first quarter

FDI disbursement was estimated at 1.4 billion USD in March, bringing the total in the first three months of this year to 2.5 billion USD, a year-on-year increase of 13.6 percent.
FDI disbursement was estimated at 1.4 billion USD in March, bringing the total in the first three months of this year to 2.5 billion USD, a year-on-year increase of 13.6 percent.

According to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA), in the period, the country licensed 139 new projects with a combined registered capital of over 1.9 billion USD, equivalent to rises of 59.1 percent in the number of projects and 59.5 percent in registered capital compared to the same period last year.

Also, 41 existing projects gained additional capital totalling 215 million USD, signifying year-on-year boosts of 51.3 percent and 5.2 percent respectively.

In total, FDI attraction in the first quarter reached 2.14 billion USD, or 29 percent of last year’s figure.

The southern province of Ba Ria-Vung Tau continued leading the country in FDI attraction with 902.6 million USD. It was followed by Ho Chi Minh City with 448 million USD and the central province of Quang Ngai with 340 million USD.

Among 25 countries and territories investing in Vietnam since the beginning of the year, the US ranks first with 980 million USD, followed by the Republic of Korea, 585 million USD and Singapore, 147 million USD./.

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