Illustrative image (Source: binhduong.gov.vn)Hanoi (VNA) – Vietnam had granted investmentlicences to 166 new projects as of January 20, with a total registered capitalof 442.6 million USD, down 5.1 percent in project number and 64.4 percent incapital against those of the same period last year.
According to the General Statistics Office (GSO), 61 projectssaw capital adjustment with additional investments of 456.8 million USD, ayear-on-year rise of 155 percent.
Disbursements are estimated at 1.05 billion USD, up over 10percent year-on-year.
In the month, there were 415 deals made by foreign investorsto contribute capital to businesses and to buy shares of Vietnamese businesseswith total capital of 356 million USD, a year-on-year rise of 54 percent.
The GSO indicated that foreign direct investment (FDI)poured into new projects mainly concentrated on manufacturing-processing, witha registered capital of 330 million USD, accounting for 74 percent of thetotal.
Total newly-registered and additional investments in thesector reached 746 million USD in the month.
Among 24 cities and provinces receiving FDI in the firstmonth of 2018, Ho Chi Minh City was on the top with 86.2 million USD, followedby Nam Dinh (80.2 million USD), Ninh Thuan (60 million USD), and Binh Duong(36.7 million USD).
Among 23 nations and territories investing in Vietnam inJanuary, Singapore was the biggest investor with 147.7 million USD, followed bythe Republic of Korea (70.4 million USD), Norway (70.1 million USD), and BritishVirgin Islands (51.4 million USD).-VNA
VNA
