FDI decreases 36.8% in January

VGP – As of January 20, the total Foreign Direct Investment (FDI) flows to Viet Nam reached US$442.6 million in 66 projects, down 64.4% in capital and down 5.1% in the number of projects against the same period last year, according to the General Statistics Office.

January 31, 2018 4:28 PM GMT+7

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As many as 61 FDI projects increased capital of US$456.8 million, a year-on-year jump of 155%.

The total newly-registered and additional capital poured in Viet Nam attained US$899.4 million, down 36.8%.

The realized FDI capital in January obtained US$1.05 billion, a year-on-year increase of 10.5%.

Share purchase and capital contributions by foreign investors was estimated at US$356 million, up 54.7%.

FDI focuses on the manufacturing and processing industry with the registered capital of US$330.6 million, accounting for 74.7%, followed by production and distribution of electricity, gas, hot water, steam and air conditioning US$60 million, making up 13.5%.

Among 24 cities and provinces receiving FDI in the first month of 2018, Ho Chi Minh City was on the top with US$86.2 million, followed by Nam Dinh (US$80.2 million), Ninh Thuan (US$60 million), and Binh Duong (US$36.7 million).

Among 23 nations and territories investing in Viet Nam in January, Singapore was the biggest investor with US$147.7 million, followed by the Republic of Korea (US$70.4 million), Norway (US$70.1 million), and British Virgin Islands (US$51.4 million).

By Thuy Dung