A worker examines electronic components at a factory of the Myungjin Electronic Vina Co. Ltd, invested by the Republic of Korea, in the Diem Thuy Industrial Park in Thai Nguyen province (Photo: VNA)Hanoi (VNA) – Japan poured 6.88billion USD, 30 percent of the total foreign direct investment (FDI), into Vietnamin the first seven months of 2018, the biggest figure among 96 countries andterritories investing here.
Japan was followed by the Republic of Koreawith 5.46 billion USD or 23.8 percent of total FDI and Singapore with 2.73billion USD or 11.9 percent, according to the Foreign Investment Agency (FIA)of the Ministry of Planning and Investment.
Foreign investors registered a total 22.94billion USD for new and existing projects and buying shares in Vietnam duringthe period, up 4.6 percent from a year earlier.
Of that sum, investment registrationcertificates were granted to 1,656 new FDI projects worth 13.2 billion USD asof July 20, up 2.2 percent year on year. Meanwhile, 4.95 billion USD was addedto 627 existing projects.
Among the 17 sectors receiving FDI, processingand manufacturing attracted most with 9.63 billion USD, accounting for 41.95percent of total capital. Real estate ranked second with 5.6 billion USD or24.4 percent while the wholesale and retail sector was in third place with 1.69billion USD or 7.4 percent.
The FIA said foreign capital entered 59 of the63 provinces and cities nationwide between January and July. Hanoi topped thelist with 6.17 billion USD or 26.9 percent. It was followed by Ho Chi Minh Citywith 4.12 billion USD or 17.9 percent and Ba Ria-Vung Tau province with 2.15billion USD or 9.4 percent.
As of July 20, FDI projects disbursed about 9.85billion USD, rising by 8.8 percent from the same period last year.-VNA
VNA
