FDI realization in four months up 12%

08:11 | 29/04/2016 Economy

The total Foreign Direct Investment (FDI) realization in four months was estimated to reach US$4.7 billion, a year-on-year increase of 12%, according to the General Statistics Office.

FDI realization in four months up 12%

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As of April 20, 2016, the total newly-registered and additional FDI reached more than US$6.8 billion, up 85%.

As many as 697 new FDI projects were licensed, worth US$5.08 billion, up 89.9% and up 55.6% in terms of capital and number of projects, respectively.

A total of 314 projects were added capital of US$1.8 billion.

Manufacturing and processing took the lead in attracting FDI with a total registered capital of US$5.2 billion, accounting for 76.2%.

It was followed by the science and technology sector with US$334.6 million, making up 4.9%, retails and automobile repair with US$242.5 million, accounting for 3.5% and other sectors with US$1.06 billion, making up 15.4%.

The northern city of Hai Phong ranked first among 44 cities and provinces in attracting FDI with more than US$1.5 billion, accounting for 31.3%, followed by Ha Noi with US$595.5 million, Binh Duong US$329 million, Bac Ninh US$309.3 million and Dong Nai US$268.9 million.

The Republic of Korea was the largest investor in Viet Nam with more than US$2.4 billion, accounting for 48.8%. Singapore and Taiwan (China) occupied the second and third positions with US$502.1 million and US$430.1 million, respectively./.


Source: VGP

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