The disbursement of foreign direct investment (FDI) in the first half ofthe year reached 6.3 billion USD, up 9.6 percent from a year ago.
The Ministry of Planning and Investment's Foreign Investment Agencysaid that the country attracted 5.49 billion USD in FDI during theJanuary-June period, or 80.2 percent of the figure in the first sixmonths of last year and the lowest since 2012.
In the firsthalf of the year, 750 new FDI projects were granted investmentcertificates, with total registered capital worth 3.84 billion USD, or79 percent of the number during the same period last year. Some 280projects increased their registered capital by a total of 1.65 billionUSD, or 83 percent of last year's figure in the first half.
According to the agency, the number of newly granted projects increased15 percent year on year but there were no large-scale projects, whichmarked a reduction in registered capital.
During the period,most of the FDI went into the processing and manufacturing industries,with 338 new projects and 190 increasing capital worth 4.16 billion USD,accounting for 76 percent of the total capital.
The propertysector took the second position, with 11 new projects registered and 7increasing capital with a total of 465.5 million USD. It was followed bythe wholesale, retail and repair sectors, with 119 new projects and 26increasing capital, with total capital worth 276.5 million USD.
The Republic of Korea overcame 48 countries and territories to becomethe top investing country in Vietnam, with total registered capitalworth 1.52 billion USD, followed by British Virgin Islands, with 684,8million USD.
Turkey and Hong Kong held the third and fourthpositions, with a total investment of 660.2 million USD and 627.5million USD, respectively.
Some of the large projects that weregranted licences during the period include the 660-million USD HyosungDong Nai, invested by Turkey to produce yarn in Dong Nai IndustrialZone; Worldon Vietnam Company, with 300-million USD investment toproduce high-end garment and textile products in HCM City; Lu ThaiVietnam worth 160.8 million USD in Tay Ninh Province; and the120-million USD Tra Vinh 1 wind power project in Tra Vinh Province.The ministry expects the annual FDI to reach 23 billion USD. As only23.8 percent of the target could be met in the first six months, thecountry will need to attract new projects with larger investments overthe remainder of the year to achieve the target.-VNA
The Ministry of Planning and Investment's Foreign Investment Agencysaid that the country attracted 5.49 billion USD in FDI during theJanuary-June period, or 80.2 percent of the figure in the first sixmonths of last year and the lowest since 2012.
In the firsthalf of the year, 750 new FDI projects were granted investmentcertificates, with total registered capital worth 3.84 billion USD, or79 percent of the number during the same period last year. Some 280projects increased their registered capital by a total of 1.65 billionUSD, or 83 percent of last year's figure in the first half.
According to the agency, the number of newly granted projects increased15 percent year on year but there were no large-scale projects, whichmarked a reduction in registered capital.
During the period,most of the FDI went into the processing and manufacturing industries,with 338 new projects and 190 increasing capital worth 4.16 billion USD,accounting for 76 percent of the total capital.
The propertysector took the second position, with 11 new projects registered and 7increasing capital with a total of 465.5 million USD. It was followed bythe wholesale, retail and repair sectors, with 119 new projects and 26increasing capital, with total capital worth 276.5 million USD.
The Republic of Korea overcame 48 countries and territories to becomethe top investing country in Vietnam, with total registered capitalworth 1.52 billion USD, followed by British Virgin Islands, with 684,8million USD.
Turkey and Hong Kong held the third and fourthpositions, with a total investment of 660.2 million USD and 627.5million USD, respectively.
Some of the large projects that weregranted licences during the period include the 660-million USD HyosungDong Nai, invested by Turkey to produce yarn in Dong Nai IndustrialZone; Worldon Vietnam Company, with 300-million USD investment toproduce high-end garment and textile products in HCM City; Lu ThaiVietnam worth 160.8 million USD in Tay Ninh Province; and the120-million USD Tra Vinh 1 wind power project in Tra Vinh Province.The ministry expects the annual FDI to reach 23 billion USD. As only23.8 percent of the target could be met in the first six months, thecountry will need to attract new projects with larger investments overthe remainder of the year to achieve the target.-VNA
