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Economy

1H foreign investment inflows drops 2.6% to $15.27 billion

Xuan Thinh Thursday | 06/24/2021 17:05

Photo: VGP

FDI inflows reached $15.27 billion in the first six months, a 2.6 percent decrease from the same period last year, according to data from the Ministry of Planning and Investment.

The total figure includes $9.55 billion in newly registered capital poured in 804 licensed projects, down 43.3 percent in the number of projects and up 13.2 percent in capital volume.  

The remainder is made up of adjusted capital ($4.12 billion), capital contributions, and share acquisitions ($1.61 billion) by international investors.

Meanwhile, the volume of disbursed FDI increased by 6.8 percent to $9.24 billion over the examined period, according to the ministry.

The FDI money flowed to 18 industries, with manufacturing and processing accounting for the largest share with $6.98 billion, accounting for 45.7 percent of total investment capital.

With an investment capital of $5.34 billion, electricity generation and distribution came in second, followed by real estate with a total registered capital of $1.15 billion.

Total FDI attraction and disbursed volume by years (Unit: US$ bln). Source: VGP
Total FDI attraction and disbursed volume by years (Unit: US$ bln). Source: VGP

Singapore was the largest foreign investor in the first half of this year, accounting for approximately 36.9 percent of total investment capital with registered capital of $5.64 billion.

Japan finished in second place with $2.44 billion, followed by the Republic of Korea ($2.05 billion).

As of June 20, 2021, Vietnam has 33,787 legitimate projects with a total registered capital of $397.89 billion, with a realized volume of more than $241 billion.

► Vietnam’s 2020 FDI inflow falls 25% to $28.53 billion

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