The disbursed investment was recorded at over $12.55 billion, up 8.4% as compared to the same time last year.

Foreign investors injected $10.76 billion in 1,816 new projects, rising 35.6% and 11.6%, respectively.

Meanwhile, 734 projects had their capital adjusted up with a total amount of more than $10.76 billion, down 0.3% in the project number, and up 19.4% in capital year-on-year.

Capital contributions and share purchases fell 45.2% to $2.27 billion.

The agency said that foreign investors funneled their money in 18 out of 21 economic sectors, with the processing and manufacturing industry attracting the largest share of over $12.65 billion, or 70.3% of the total. The realty sector came second with more than $2.87 billion, wholesale and retail sale industry third with nearly $740.5 million, and professional activities and science-technology fourth with over $490.6 million.

Registering $6.52 billion, Singapore was the biggest investor among 91 countries and territories investing in the nation in the reviewed period, followed by China’s Hong Kong, Japan, China and the Republic of Korea.

The foreign investors landed their capital in 48 cities and provinces across the nation. Bac Ninh attracted the largest amount of foreign capital with nearly $3.2 billion while in the second and third places were Quang Ninh and Ho Chi Minh City, luring over $1.56 billion and $1.55 billion, respectively.

The foreign-invested sector enjoyed a trade surplus of around $27.9 billion (including crude oil), and contributed greatly to the nation’s trade surplus of $12.4 billion during the seven-month period.

As of July 20, Vietnam was home to 40,777 valid foreign projects with total registered capital of $487 billion. Some $309.7 billion was disbursed by the time.

FDI inflow into Vietnam up 13.1% in six months

Vietnam attracted nearly 15.2 billion USD in foreign direct investment (FDI) in the first six months of this year, a year-on-year increase of 13.1%, according to the General Statistics Office.

FDI hits over 11.07 billion US in January-May

As of May 20, 2024, foreign direct investment (FDI) into Vietnam during the first five months of the year reached over 11.07 billion USD, up nearly 2% year-on-year, according to the Ministry of Planning and Investment.

FDI attraction in five months tops 11 billion USD

More than 11.07 billion USD in foreign direct investment (FDI) was funneled into Vietnam during January-May, up 2% against the same time last year, according to the Ministry of Industry and Trade (MoIT)’s Foreign Investment Agency.

Registered FDI reaches 9.27 billion USD after four months of 2024

As of April 20, total registered foreign investment in Vietnam had reached 9.27 billion USD, an increase of 4.4% compared to the same period of 2023.

Source: VnExpress