FDI touches nearly US$ 400 mln. in first month
VGP - Viet Nam attracted US$397 million in foreign direct investment (FDI) capital in January, accounting for 78% of the same period last year, according to the Ministry of Planning and Investment.
|
|
|
Illustration photo |
In January, 40 new projects were licensed totaling US$ 211 million, equal to 47% of the corresponding figure last year.
Six existing projects registered an additional US$ 186 million, up 183% compared to the previous year.
They include a Singaporean-invested VSIP Hai Phong project to supply urban management and industrial services, and a Midea Consumer Electric Vie Nam-invested project to produce electric equipment and components in Binh Duong province.
FDI disbursement rose 3.3% in the reviewed period to around US$ 465 million.
The FDI sector’s exports (including crude oil) were valued at approximately US$ 6.78 billion, equal to 90.8% of last year’s figure and accounting for 65.83% of the country’s total export value.
Processing and manufacturing industry took the lead with 25 projects capitalized at US$ 189.04 million; closely followed by real estate and logistics with US$ 176.33 million and US$ 17.05 million, respectively.
Singapore topped the list of foreign investors in Viet Nam in January, pouring in US$132.65 million.
It was followed by the Republic of Korea with US$ 88.8 million and Hong Kong US$44 million.
Hai Phong city was the biggest FDI attractor with US$123.3 million or 31.05% of the total.
Binh Duong and Ba Ria-Vung Tau came in second and third, with US$ 71.32 million and US$ 61.54 million, respectively./.
By Khanh Phuong
