Vietnam’s five-month FDI disbursement rises 7.8 percent

Photo: VGP
As of May 20, Vietnam attracted $11.71 billion in FDI, equal to 83.7 percent of the same period last year.
Of the above figure, foreign investors pledged to invest $4.12 billion in 578 new projects, down 53.4 percent, and to add $5.61 billion in 395 existing projects.
Meanwhile, the accumulative value of share purchase by foreign investors rose 51.6 percent to $1.98 billion.
Foreign capital has been poured into 18 out of 21 economic sectors, with processing and manufacturing making up the lion share, $6.8 billion or 58.2 percent of the total registered capital, followed by real estate, information-communications, and science-technology.
Among the 79 countries and territories investing in Vietnam, Singapore took the lead with nearly $3 billion, followed by the Republic of Korea ($2.06 billion), and Denmark ($1.32 billion).
The southern province of Binh Duong, the northern province of Bac Ninh and Ho Chi Minh City attracted the most foreign investments, with more than $2.52 billion, nearly $1.65 billion and over $1.3 billion, respectively.
Source: VGP