Singapore sends FDI skywards
Foreign direct investment (FDI) registered during the first seven months
of this year surged by 19.6 percent over the same period last year to
11.91 billion USD.
Foreign direct investment (FDI) registered during the first seven months
of this year surged by 19.6 percent over the same period last year to
11.91 billion USD.
General Statistics Office (GSO) figures show 6.92 billion USD came from 677 newly licensed projects, up 10 percent, while the remainder was an increase of capital on 266 existing projects.
Disbursed FDI during the period rose 6.4 percent year-on-year to 6.7 billion USD.
Among 42 countries and territories investing in Vietnam , Singapore was the biggest foreign investor with a registered capital of nearly 2.5 billion USD. Its investment accounted for 36 percent of the total capital of newly invested projects.
Other major foreign investors in the review period included Russia (1 billion USD), Japan (1 billion USD), the Republic of Korea (667 million USD), Hong Kong (576 million USD) and Thailand (309 million USD).
Foreign investment of 10.44 billion USD went into processing and manufacturing industries which made up 87.5 percent of the country's total registered capital. Real estate came next, with 581 million USD or 5 percent of the nation's total registered FDI.
Thai Nguyen province led the nation in FDI attraction in the period with 2.14 billion USD, followed by Binh Dinh, 1 billion USD; Hai Duong, 612 million USD; Binh Duong, 461 million USD; Dong Nai, 339 million; Hai Phong, 335 million USD; and HCM City, 334 million USD.-VNA
General Statistics Office (GSO) figures show 6.92 billion USD came from 677 newly licensed projects, up 10 percent, while the remainder was an increase of capital on 266 existing projects.
Disbursed FDI during the period rose 6.4 percent year-on-year to 6.7 billion USD.
Among 42 countries and territories investing in Vietnam , Singapore was the biggest foreign investor with a registered capital of nearly 2.5 billion USD. Its investment accounted for 36 percent of the total capital of newly invested projects.
Other major foreign investors in the review period included Russia (1 billion USD), Japan (1 billion USD), the Republic of Korea (667 million USD), Hong Kong (576 million USD) and Thailand (309 million USD).
Foreign investment of 10.44 billion USD went into processing and manufacturing industries which made up 87.5 percent of the country's total registered capital. Real estate came next, with 581 million USD or 5 percent of the nation's total registered FDI.
Thai Nguyen province led the nation in FDI attraction in the period with 2.14 billion USD, followed by Binh Dinh, 1 billion USD; Hai Duong, 612 million USD; Binh Duong, 461 million USD; Dong Nai, 339 million; Hai Phong, 335 million USD; and HCM City, 334 million USD.-VNA
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