FDI disbursement increases in the first six months

In the first half of this year, while newly registered and additional foreign direct investment (FDI) capital sharply declined compared to the same period last year, FDI disbursement increased by 0.9 percent, the Vietnam Economic News reported.
In the first half of this year, while newly registered and additionalforeign direct investment (FDI) capital sharply declined compared to thesame period last year, FDI disbursement increased by 0.9 percent, theVietnam Economic News reported.

In the first six months of thisyear, Vietnam attracted 656 new FDI projects with total registeredcapital of 4.85 billion USD and 219 FDI extended projects with totaladditional capital of 1.99 billion USD. In general, in the first sixmonths of this year, Vietnam attracted more 6.85 billion USD, equal to64.7 percent compared to a year ago.

Despite a decline in totalnewly registered and additional capital, Minister of Planning andInvestment Bui Quang Vinh said that many large FDI projects were readyto be signed in the second half of this year.
FDI disbursement inthe first half of this year reached 5.75 billion USD, an increase of0.9 percent compared to the same period last year.


Foreign investors paid special attention to the manufacturing andprocessing industry, construction and real estate trading in the firstsix months of this year. The manufacturing and processing industryattracted newly registered and additional capital of 4.8 billion USD,accounting for 70.2 percent of total newly registered and additionalcapital in the first six months of this year.

41 countries andterritories invested in Vietnam in the first half of this year. Inparticular, the Republic of Korea ranked first with total newlyregistered and additional capital of 1.55 billion USD, accounting for22.6 percent of total investment capital in the first six months of thisyear, followed by Hong Kong, China and Japan with total newlyregistered and additional capital of 1 billion USD and 806 million USD,respectively.

Ho Chi Minh City ranked first in FDI attraction.The City attracted total investment capital of 886.3 million USD,followed by Binh Duong and Dong Nai with total investment capital of876.05 million USD and 688.37 million USD, respectively.

The FDIsector reached export turnover (including crude oil) of 47.82 billionUSD in the first six months of this year, an increase of 16.6 percentcompared to the same period last year, accounting for 67.5 percent oftotal export turnover.

Its total import turnover of 39.29 billionUSD, an increase of 11.4 percent compared to the same period last year,accounting for 56.5 percent of total import turnover.

In general, in the first six months of this year, the FDI sector reached a trade surplus of 8.53 billion USD.-VNA

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