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 six months of this year, Vietnam attracted 656 new FDI projects with total registered capital of 4.85 billion USD and 219 FDI extended projects with total additional capital of 1.99 billion USD. In general, in the first six months of this year, Vietnam attracted more 6.85 billion USD, equal to 64.7 percent compared to a year ago.

Despite a decline in total newly registered and additional capital, Minister of Planning and Investment Bui Quang Vinh said that many large FDI projects were ready to be signed in the second half of this year.
FDI disbursement in the first half of this year reached 5.75 billion USD, an increase of 0.9 percent compared to the same period last year.


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

41 countries and territories invested in Vietnam in the first half of this year. In particular, the Republic of Korea ranked first with total newly registered and additional capital of 1.55 billion USD, accounting for 22.6 percent of total investment capital in the first six months of this year, followed by Hong Kong, China and Japan with total newly registered 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 of 876.05 million USD and 688.37 million USD, respectively.

The FDI sector reached export turnover (including crude oil) of 47.82 billion USD in the first six months of this year, an increase of 16.6 percent compared to the same period last year, accounting for 67.5 percent of total export turnover.

Its total import turnover of 39.29 billion USD, 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