FDI disbursement sees year-on-year increase of 5%

VGP – Viet Nam disbursed US$4.2 billion in Foreign Direct Investment (FDI) over the past four months of 2015, a year-on-year increase 5%, according to the Foreign Investment Agency (FIA), under the Ministry of Planning and Investment.

April 27, 2015 3:36 PM GMT+7

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As of April 20, the nation licensed investment certificates for 448 projects with a total investment of US$2.676 billion, equal to 82.9% of the same period in 2014.

As many as 167 projects were added capital investment of US$1.04 billion, equal to 64.3% of the same period last year.

The manufacturing and processing sector took the lead in FDI attraction with US$2.83 billion in 113 projects, accounting for 76%.

It was followed by real estate and retail sales sectors with US$327 million and US$198.65 million, respectively.

The southern province of Dong Nai ranked first in attracting US$916.75 million in FDI, making up 24.6%. Ho Chi Minh City and northern city of Hai Phong shared the second and third positions with US$784.93 million and US$292.11 million, accounting for 21.1% and 7.8%, respectively.

By Thuy Dung