FDI inflow into Vietnam up over 13% in six months

Vietnam attracted nearly 15.2 billion USD in foreign direct investment (FDI) in the first six months of this year, a year-on-year increase of 13.1%, according to the General Statistics Office.

Foreign investors registered nearly 9.54 billion USD in 1,538 new projects, up about 47% in capital, and 19% in the project number, as compared to the same time last year.

Meanwhile, 592 projects had their capital adjusted up, with a total amount of 3.95 billion USD, down 6.3%, and up 35% year-on-year, respectively.

Nearly 11 billion USD in FDI was disbursed over the six-month span, rising 8.2% against the same time last year.

Foreign investors injected their capital in 18 out of 21 economic sectors in the country, with the processing and manufacturing industry attracting the largest investment of nearly 11 billion USD, or over 70% of the total.

Registering nearly 5.58 billion USD in Vietnam, Singapore was the largest investor. Japan came second with more than 1.73 billion USD, followed by Hong Kong (China), the Republic of Korea, and China.

The foreign investors funneled their capital into 48 cities and provinces across the nation, with Bac Ninh taking the lead. The second and third places belong to Ba Ria – Vung Tau and Quang Ninh provinces./.