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Vietnam attracts 8.06 billion USD in FDI in Jan-Apr

Vietnam attracted 8.06 billion USD in foreign direct investment (FDI) in the first four months of 2018, equivalent to 76.1 percent of the figure in the same period last year, according to the National Statistics Office.
Vietnam attracts 8.06 billion USD in FDI in Jan-Apr ảnh 1Illustrative photo (Photo: VNA)

Hanoi (VNA) - Vietnam attracted 8.06 billion USD in foreign directinvestment (FDI) in the first four months of 2018, equivalent to 76.1 percentof the figure in the same period last year, according to the NationalStatistics Office.

As of April 20, 2018, the country had 883 newly-licensedFDI projects, with total registered capital of 3.55 billion USD and 303projects registering to increase their capital by 2.24 billion USD.

In the first four months of this year, foreigninvestors contributed capital and bought shares worth 2.26 billion USD, ayear-on-year surge of 67 percent.

FDI projects inVietnam disbursed 5.1 billion USD during the first four months, ayear-on-year increase of 6.3 percent, said the Ministry of Planning andInvestment’s Foreign Investment Agency (FIA).

The FIA said foreigninvestors have invested in 17 industries and fields during January and April.Of this, the manufacturing and processing sector attracted the largest amountof FDI, with total registered capital of 4.52 billion USD, accounting for 56.1percent of the total investment.

The real estate sectorranked the second in terms of FDI attraction, with total investment capital of807.5 million USD, accounting for 10 percent of the total. In the third placewere the wholesale and retail sector, with total registered capital of 779million USD, accounting for 9.7 percent of the total.

Up to 82 countries andterritories invested in Vietnam in the first four months. TheRepublic of Korea topped the list, with an investment of 2.32 billion USD,accounting for 28.7 percent of the total investment. Japan rankedsecond, with registered capital of approximately 1.29 billion USD, accountingfor 16 percent of the total investment. Singapore stood at the thirdplace, with a registered investment of 808 million USD, accounting for 10percent of the total.

HCM City attractedthe largest volume of FDI, with a total registered capital of 1.92 billion USD,accounting for 23.8 percent of the total investment. The northern port city ofHai Phong ranked second, with registered capital of 1.03 billion USD,accounting for 12.8 percent of the total. The capital city of Hanoi rankedthird, with registered capital of 746 million USD, accounting for 9.25percent of the total.-VNA
VNA
# foreign direct investment #National Statistics Office #newly-licensed FDI projects #manufacturing and processing sector #total registered capital #Vietnam #VietnamPlus #Viet Nam News
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