FDI disbursement up 7.8 percent in five months

Foreign capital has been poured into 18 out of 21 economic sectors in Vietnam. (Photo: VNA)

Hanoi (VNA) – Up to 7.71 billion USD worthof foreign direct investment (FDI) was disbursed in the first five months ofthis year, up 7.8 percent from the same period in 2021, according to theMinistry of Planning and Investment.

As of May 20, total FDI in Vietnam, comprising new,adjusted capital and share purchases by foreign investors, dropped 16.3 percentyear-on-year to reach only 11.71 billion USD.

There were 578 new projects worth nearly 4.12billion USD, down 53.4 percent in value, and 395 others registering to increasetheir investment by more than 5.61 billion USD, up 45.4 percent. Theaccumulative value of share purchase by foreign investors also rose 51.6percent to 1.98 billion USD.

Foreign capital has been poured into 18 out of 21economic sectors, with processing and manufacturing making up the lion share, 6.8billion USD or 58.2 percent of the total investment, followed by real estate,information-communications, and science-technology.

Among the 79 countries and territories investing inVietnam in the reviewed period, Singapore took the lead with nearly 3 billionUSD, followed by the Republic of Korea (RoK), 2.06 billion USD, and Denmark,some 1.32 billion USD.

The southern province of Binh Duong, the northern provinceof Bac Ninh and Ho Chi Minh City attracted the most foreign investments, with morethan 2.52 billion USD, nearly 1.65 billion USD and over 1.3 billion USD,respectively./.

VNA