The country raked in 15.41 billion USD in FDI during the period, a year-on-year decline of 7.1%, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

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Newly-registered investment totalled 5.27 billion USD, down 43.5% year-on-year. In contrast, extra capital injected into existing projects surged by 59.3% to 7.24 billion USD; and capital contributions and share purchases advanced 25.7% to 2.58 billion USD.

Newly-licensed capital has yet to rebound after disruption caused by the Covid-19 control measures, explained FIA Director Do Nhat Hoang. Meanwhile, many major projects have received additional investment, he said, adding that the extra capital accounted for up to 62.6% of the seven-month FDI.

The FIA also announced that processing and manufacturing lured the largest share of FDI, more than 10 billion USD, accounting for 64.3% of the total. The real estate came second with over 3.21 billion USD, or close to 20.7%.

Singapore led the 88 countries and territories investing in Vietnam with 4.3 billion USD, making up 27.7% of the total FDI. It was followed by the Republic of Korea with 3.26 billion USD, equivalent to 21%.

FDI enterprises pay nearly 360 billion VND to budget

(BGO) - Bac Giang province now has more than 500 foreign direct investment (FDI) enterprises with regular contribution to provincial budget, reported the provincial Department of Taxation in Bac Giang province.

Production value of FDI sector increases 33.8 percent year on year

(BGO) - The production value in Bac Giang province hit nearly 61 trillion VND (2.66 billion USD) in the first quarter of this year, up over 31 percent year on year.

Thai Nguyen ranks second in FDI attraction in two months

The northern province of Thai Nguyen with the issuance of of a licence to to Samsung Electro-Mechanics Vietnam Co., Ltd under Samsung Corporation of the Republic of Korea to add 920 million USD to its project, ranked second in attracting foreign direct investment (FDI) in the first two months of 2022, behind Bac Ninh.

Spectacular breakthrough in FDI attraction

(BGO) – In 2021, Bac Giang attracted total investment of over 1.3 billion USD to the industrial parks which is an impressive figure for such a hard year due to Covid-19 pandemic. 

Bac Giang provincial leader visits and extends Tet greeting to local FDI enterprises

(BGO) – On January 19, the Vice Chairman of Bac Giang provincial People’s Committee (PPC) Phan The Tuan paid a field trip to visit, encourage and extend Tet greeting to some foreign direct investment (FDI) businesses in the province.

Source: NDO/VNA