As many as 126 foreign projects were granted investment licences with total registered capital of US$3.31 billion, a year-on-year fall of 33.9 per cent, Vietnam news agency (VNA) reported.
Meanwhile, 115 existing projects adjusted their investment capital with a total additional sum of US$1.61 billion, or 2.5 times higher than the same time last year.
Capital contributions and shares purchases by foreign investors stood at US$ 543.1 million, down 34.4 per cent.
Foreign investors pumped capital in 17 sectors, with processing and manufacturing holding the lead with over US$ 3 billion or 55.7 per cent, followed by power production and distribution with US$ 1.44 billion (26.5 per cent), real estate US$ 485 million, and science-technology nearly US$ 153 million.
Japan topped the list of 46 countries and territories landing investment in Vietnam, with US$ 1.64 billion, equivalent to nearly 30 per cent of the total. Singapore came second with US$ 1.07 billion (19.6 per cent), and the South Korea third with US$ 1.05 billion (19.3 per cent).
The ministry said the southern province of Can Tho lured the lion’s share of FDI with US$ 1.31 billion, accounting for 24.2 per cent of the total. Hai Phong city was the runner-up since it attracted nearly US$ 918 million, or 16.8 per cent. Bac Giang came third with nearly US$ 573 million (10.5 per cent).
So far this year, the foreign-invested sector has earned US$ 38.07 billion from exports, up 34 per cent year-on-year, and making up 76.1 per cent of the nation’s total export turnover.
At the same time, it spent US$ 31.6 billion on imports, up 31.2 per cent year-on-year, and accounting for 66.6 per cent of the country’s total import value. That resulted in a trade surplus of nearly US$6.5 billion. - Bernama