FDI over past 7 months rises by 5.8 pct

09:38 | 04/08/2017 Economy

Disbursed foreign direct investment in 2017 was estimated at US$9.05 billion as of July 20, up 5.8% over the same period last year, according to the report of Foreign Investment Agency under the Ministry of Planning and Investment.

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In the first seven months of the year, total newly registered and supplemented capital, as well as capital contribution and share purchases was over US$21.93 billion, up 52% from the same period last year.

The capital was earmarked for 18 sectors, with the processing-manufacturing industry attracting the most, at US$10.38 billion. Electricity production and mining followed with US$5.25 billion and US$1.28 billion, respectively.

Registering US$5.62 billion in total investment in Vietnam during the period, the Republic of Korea (RoK) topped the list of foreign investors, ahead of Japan with US$5.46 billion.

With registered foreign capital for the period amounting to US$3.06 billion, Thanh Hoa was where most of the investment landed.

The figures for the second and third placed provinces, Bac Ninh and Nam Dinh, were US$2.95 billion and US$2.2 billion, respectively.

Theo NDO